Fleet News

Fleet Evolution launches employee car ownership scheme for high mileage drivers

Fleet Evolution has launched an employee car ownership (ECO) scheme aimed at high mileage drivers.

The company says the scheme will allow employees who do high business mileage to own a company car with employer volume discounts – but without paying any company car tax.

Andrew Leech, managing director of Fleet Evolution, said: “This new arm of the company will provide a complete employee car benefit solution for all employees.

"We have already established ourselves as a leader in the sector when it comes to salary sacrifice, but by opening ECOs schemes up to smaller companies, we are able to ensure everyone who wants to benefit from these fantastic offerings can do.”

Leech added: "This new move comes five years after our first salary sacrifice car scheme, which was for 80 employees, was finalised.

"Since we entered into the industry, many things have changed, and as we are always looking to fill gaps and give small businesses the help and recognition they need, we saw this huge window of opportunity to help both employers and their employees.”


Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

  • Robberg - 21/02/2017 13:09

    If a driver receives employer volume discounts, is that not benefit in kind?

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee