ECOS

From ACT Wiki
Jump to navigationJump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

Employee Car Ownership Scheme.


A method of providing vehicles for employees under which:

  1. Legal title to the vehicle passes to the employee driver at the start.
  2. The driver makes a series of repayments, usually monthly, to cover finance and maintenance.
  3. The employer makes a series of cash payments to the driver, to cover the driver's repayments to the fleet finance provider.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=ECOS&oldid=16360’