Home »
Products & Services

Bespoke ECO Schemes

The cost-effective alternative to traditional company cars

Bespoke Employee Car Ownership (ECO) Schemes can give your company and your drivers a real advantage. You get all the operational benefits of contract hire, while your drivers benefit in kind tax burden is removed.

If a traditional company car scheme doesn't suit your business needs, Bespoke ECO Schemes could be the solution. An ECO scheme offers your drivers a structured contract purchase agreement with Lex. At the end of the contract the driver can:

  • Make a final payment and own the car outright
  • Return the vehicle to Lex with nothing more to pay

Your drivers save money, as Bespoke ECO Schemes don't carry the benefit in kind tax burden of a simple cash allowance.

Bespoke ECO Schemes can be tailored to suit your needs.

An ECO Scheme is ideal if:

  • You are unable to take advantage of the VAT benefits of contract hire
  • You run expensive (£25,000+) vehicles in your fleet
  • Your drivers want (or need) to run vehicles with high CO2 emission figures, as the benefit in kind tax burden is removed

Take a look at the key features and benefits to see how Bespoke ECO Schemes can work for you.

For more information

Call our team on 0844 335 4000 or click here to arrange a call back


All references to taxation, VAT and accounting treatment are subject to confirmation by your own professional advisors.