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  Is it time to rethink your company car provision? In a recent survey of our network, it was revealed that 57% of FDs and MDs wanted to reduce company car costs. There are ways in which dealers can make immediate and material financial savings by operating their employee cars and demonstrators in new ways. Employee Car Ownership Schemes (ECOS) can help dealers make significant financial savings when compared to a traditional company car benefit. How can business savings be achieved using an Employee Car Ownership Scheme? As an Employee Car Ownership Scheme removes the company car tax liability for the employee, these savings can be utilised by the dealer to eliminate or at least materially reduce write down costs on their demonstrators and employee fleet. This realises immediate and material savings for the business.

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