Fleet News

ECOS is for low and high mileage drivers

AN EMPLOYEE car ownership scheme specialist aims to dispel the 'myth' they only apply to high-mileage drivers.

Whitechapel says its own research shows that the average annual business mileage of an ECOS driver is 7,500 miles.

Head of Whitechapel Adam Trevaskus said: 'It is generally understood that the more business miles driven the more tax efficient a car ownership scheme can be, ultimately delivering better financial savings for both parties. However, a common misconception is that this means ECOS only delivers benefits to the high mileage drivers of 18,000 miles and over.

'Our research has shown that customers outside the traditional high mileage bracket can run a tax efficient and financially viable ECOS scheme. This shows marked potential for even higher cost savings and enhanced benefits packages for those fleets with drivers covering in excess of 10,000 miles per annum.'

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