Morgan Ashurst, a construction company, has changed to Provecta Car
Plan for provision of its employee car ownership (ECO) scheme,
after becoming dissatisfied with the provider of its previous car
ownership scheme.
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Provecta restructured the Morgan Ashurst employee offering by
moving its 350 drivers to individually tailored schemes which were
based on their past and predicted mileages. The change is expected
to save Morgan Ashurst over £1,000 per vehicle over the life of the
contract.
“All existing ECO drivers have the option to switch to the Provecta
ECO scheme at the end of their current contract and other
qualifying drivers, including those who chose not to enter the
original ECO scheme, will be given the option of joining the scheme
for the first time,” Provecta said.
Choice of lower CO2-emitting cars is incentivised through an
additional £20 per month allowance for drivers who choose a model
with CO2 emissions performance 10 per cent better than their
allowance benchmark. Drivers who choose to downsize their car are
allowed to keep the cash saved, while upgrades are limited to no
more than an extra 20 per cent of benchmark list prices.
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By GlobalData
