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ECO: employee owns the car
Employee Car Ownership (ECO) schemes differ from company cars in one fundamental way: the car is owned by the employee; not the company.
In all other ways, the car is run in a similar way to a company car.
The switch in focus from the company to the driver means two further differences: the car is the driver
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Business Motoring is the motoring resource for small businesses and SME small fleets running company cars and business cars. We can help with questions about car leasing, company car tax, business mileage, writing down and leasing allowances, and all the other detail you need to know about running a car on the business. As well as this, we have the latest car news, company car taxation news and car reviews to help you make the right choice for your next company car, along with special car leasing offers to help you get the right business car leasing deal.
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