Solutions

The market leading provider of Employee Car Ownership Schemes in the UK.

The market leading provider of Employee Car Ownership Schemes in the UK

Car Benefit Solutions design and implement Employee Car Ownership Schemes that add value, deliver control and flexibility to employers, remove the limitations of a traditional car benefit and allow businesses to determine the level of benefit they provide to their employees.

What is an Employee Car Ownership Scheme?

  • Employee Car Ownership Schemes (ECOS) are a method recognised by HMRC, of providing a car to an employee in a way that means the car benefit provisions do not apply.
  • In essence, an ECOS does not constitute a company car and can remove the restrictions of traditional car benefit, allowing the employer to control the level of benefit they provide to the employee.

How does an Employee Car Ownership Scheme work?

  • Unlike other car financing arrangements, for an Employee Car Ownership Scheme to be valid, ownership of the car must pass to the employee at the outset and the funding must be unsecured.
  • Company car tax does not apply and the employer does not pay Class 1A National Insurance (NIC) on the provision of the car benefit. Instead, the arrangement is taxed on an actual cost basis to the employee.
  • The employer controls policy and the level of benefit provided to their employees, with fixed repayments and a guaranteed buyback arrangement at the end of the contract term. The arrangement can also include a maintenance and servicing plan and insurance can be provided by the employer.
  • ECOS can be utilised for employees with car entitlement or as a wider staff benefit for all eligible employees.

What are the advantages of Employee Car Ownership?

  • Both the employer and the employee can enjoy the benefits of ECOS
  • The flexible nature of ECOS means they can be tailored to meet business objectives
  • It can improve staff retention and deliver a recruitment incentive
  • Vehicle selection is not driven by CO₂ emissions and company car tax
  • Removes the admin burden of company car tax reporting
  • Cost savings for the employer and/or the employee
  • The employer can determine the level of benefit the employee receives as opposed to HMRC
  • The cost of the car to the employee and employer is fixed over the term of the agreement as opposed to being subject to increasing tax and NIC costs.

The Complete Solution

All CBS schemes are designed with the customer in mind and deliver control, convenience and compliance in a complete solution that covers consultancy, funding, bespoke systems, reporting, scheme promotion and support at no additional cost to the employer.

Consultancy

The CBS Consultancy Team takes pride in the ability to adapt to the specific requirements of our clients. Working alongside you to advise on the parameters for scheme design including eligibility, compliance, cost efficiency, pricing and protection from the rising cost of company car tax. Aligning scheme design and performance with business initiatives and objectives.

  • Legal & Compliance
  • HMRC Policy Knowledge
  • Consumer Credit Expertise
  • Scoping & Implementation
  • Bespoke Systems

Funding

CBS provides a completely independent funding facility to support our schemes. This allows us to offer flexible funding and ensures client funding and credit lines remain completely untouched. We are authorised and regulated by the Financial Conduct Authority from who we have full permissions to issue the specialist credit agreements required to operate a valid and robust Employee Car Ownership Scheme.

  • Flexible Funding Options
  • Specialist Credit Sale Agreements
  • Wide Funding Panel
  • FCA Full Permissions
  • Cost Efficiency

Systems

Our unique purpose built system was created by CBS for our clients from the ground up. It takes the resource commitment required for scheme management and administration away from our customers and really sets us apart in our industry. The fact it was built in-house makes it completely customisable to the client brief and allows CBS to set bespoke parameters and rule sets around the schemes. Our dedicated scheme websites also make the quote, order, and delivery process convenient for your drivers and simple to control for your business.

  • Unique Purpose Built System
  • Customisable to Client Brief
  • Dedicated Scheme Websites
  • Bespoke Vehicle Choice List
  • Quote, Order, & Delivery Interface

Reporting

In order to drive cost efficiency and promote best practice for our clients we are constantly reviewing market intelligence, scheme performance and residual values. We compile all this information into easy to digest reports and review packs that are bespoke to each client in our commitment to ensure all CBS clients get optimum value out of our schemes.

  • Residual Value Analysis
  • Comprehensive Pricing Files
  • Quarterly Review Packs
  • Network Intelligence
  • Monthly KPI Reports

Support

All CBS schemes are managed and administered by a network of more than 150 employees, offering specialist expertise in scheme delivery and compliance through to on-going management and administration. Our dedicated field based team consists of more than 25 industry experts who support on-site implementation, strategic consultancy and training, plus a head office operation that includes a Customer Experience Team, driver helpline and transactional support. Each business area adopts a customer centric culture with the expectation to deliver excellence as standard.

  • Dedicated Field Based Team
  • Driver Helpline
  • Sales Support Team
  • Transactional Support
  • Customer Centric Culture

Marketing

The CBS Marketing Team produce agency standard quarterly campaigns for every manufacturer brand to raise awareness and help customers grow and promote their scheme. Like many of our services, campaigns are completely customisable to client brief and our in-house team regularly create and distribute bespoke marketing communications for individual employers. Campaigns are available at the employers’ request and include e-bulletins, landing pages, interactive PDFs, posters, flyers and wage slip inserts.

  • On-Site Scheme Promotion
  • Quarterly Scheme Campaigns
  • Scheme Guides & Tutorials
  • NPS & Satisfaction Surveys
  • Scheme Videos

Our Class Leading Solutions

Automotive Solutions

I'm interested in a solution from CBS for my Franchise Dealership or Dealer Group

Corporate Solutions

I'm interested in a solution from CBS for a corporate organisation.

Automotive Solutions

Car Benefit Solutions is the leading provider of employee car ownership schemes in the UK Automotive Industry. Supported by the manufacturer and facilitated by CBS, our schemes are designed to deliver mutual benefit and value throughout the automotive supply chain from manufacturer to franchised dealer and employee driver.

CBS provide comprehensive bespoke solutions for:

Motor Manufacturers

View the benefits to delivering a class leading car scheme for your network

Franchised Dealerships

View the benefits of facilitating your employee car provision through CBS

Dealer Employees

View the benefits of taking your next car through CBS

Motor Manufacturers

CBS work in partnership with motor manufacturers to design, build and implement sponsored Employee Car Ownership Schemes. Our consultancy, technical and commercial teams focus on delivering an intelligent yet simple and easy to enjoy employee benefit that creates value, offers convenience and ensures compliance from motor manufacturer through to dealer employee.

Drive additional registrations

Generate a richer sales mix

Showcase the key models for the brand

Supply desirable used car stock

Gain product experts and brand ambassadors

Provide a recruitment and retention tool

CBS have designed and implemented more than 50 motor manufacturer sponsored Employee Car Ownership Schemes in partnership with the vast majority of manufacturer brands in the UK market.

Motor Manufacturers working in partnership with CBS

Franchised Dealerships

CBS work alongside franchised dealers to align manufacturer sponsored Employee Car Ownership Schemes with dealer initiatives and objectives. Our consultancy team will discuss how schemes can be customised to fit the client brief by establishing the different parameters for the scheme. Once set our team of experts will support a thorough implementation covering training, presentations, marketing, reporting or consultation surrounding scheme or business performance.

Generate incremental registrations

Facilitate savings on your car benefit provision

Secure the supply of pre-ordered prime used car stock

Improve profit opportunities

Align the scheme to achieve business objectives

Create product experts and brand ambassadors

CBS work with more than 60% of the Top 200 dealers in the UK, covering 25 manufacturer brands and providing 30,000 annual registrations.

Dealerships benefiting from a CBS Scheme

Dealer Employees

CBS Employee Car Ownership Schemes are built with the employee in mind and are based on providing value and convenience for drivers. Designed to be an acclaimed employee benefit, cars are available with zero deposit, short term contracts and fixed low monthly repayments.

Savings in comparison to Company Car Tax

Affordable access to drive the brand you work for

Short term contracts

No deposit or upfront payment

Low repayments deducted from the employees NET pay

Generous mileage allowance

From a population of over 20,000 drivers more than 97% of employees would recommend CBS to a colleague.

Our Net Promoter Score is

Automotive Solutions

Staff Car
Scheme

All Employees

A motor industry exclusive, the CBS Staff Car Scheme delivers a car benefit to every eligible employee

Employee Car Ownership Scheme

Employees with car entitlement

Removing the restrictions of traditional car benefit whilst delivering savings to both the employer and their employees

Partner & Supplier
Scheme

Affiliate scheme for select partners

Exclusive Staff Car Schemes designed for manufacturer or dealer partners and suppliers

Automotive Solutions

Staff Car
Scheme

All Employees

A motor industry exclusive, the CBS Staff Car Scheme delivers a car benefit to every eligible employee

Employee Car Ownership Scheme

Employees with car entitlement

Removing the restrictions of traditional car benefit whilst delivering savings to both the employer and their employees

Staff Car Scheme

A motor industry exclusive, the CBS Staff Car Scheme is designed to deliver a car benefit to every eligible employee at no additional cost to the employer. The scheme is sponsored by the respective manufacturer, who provides a choice list of vehicles available to employees with zero deposit, fixed low monthly repayments and short term contracts.

Generate additional registrations

Low operational commitment

Secure the supply of desirable used cars

Funded by CBS

Profit opportunity on resale

Extend staff product knowledge

Best Company to Work For Initiative

Recruitment incentive

Staff retention tool

Control of employee eligibility

No credit agency reference check

Zero deposit & Fixed low monthly repayments

Short term contracts

Generous mileage allowance

Manufacturer warranty & road tax included

No BIK exposure

Flexi

Flexi is an enhancement to the CBS Staff Car Scheme, it allows employers the flexibility to determine the level of scheme repayment paid by their employees, with no Benefit-in-Kind liability (subject to managed parameters). This gives employers the option to enhance vehicle choice and model specification, plus the ability should they wish to enhance the standard employee benefits package.

Cost effective alternative to
pre-registration

Savings on Class 1A National Insurance

Increased control of vehicle choice and used car stock

Staff recognition and incentive tool

Low cost alternative to staff pay rise

Eligibility and contribution controls

Savings provide an alternative to a pay rise

Extension to the standard benefits package

Cost neutral access to higher specification derivatives

Staff Car Scheme

A motor industry exclusive, the CBS Staff Car Scheme is designed to deliver a car benefit to every eligible employee at no additional cost to the employer. The scheme is sponsored by the respective manufacturer, who provides a choice list of vehicles available to employees with zero deposit, fixed low monthly repayments and short term contracts.

Additional registrations

Low operational commitment

Secure popular used car stock

Extend staff product knowledge

Funded by CBS

Profit opportunity on resale

No credit agency reference check

Zero deposit & Fixed low monthly repayments

Short term contracts

Generous mileage allowance

Manufacturer warranty & road tax included

No BIK exposure

Flexi

Flexi is an enhancement to the CBS Staff Car Scheme, it allows employers the flexibility to contribute towards scheme cars and determine the level of benefit they provide for their employees, with no Benefit-in-Kind liability. This gives employers enhanced control of vehicle choice and model specification, plus an enhancement to the standard staff benefits package.

Cost effective alternative to
pre-registration

Savings on Class 1A National Insurance

Increased control of vehicle choice and used car stock

Staff recognition and incentive tool

Low cost alternative to staff pay rise

Eligibility and contribution controls

Savings provide an alternative to a pay rise

Extension to the standard benefits package

Cost neutral access to higher specification derivatives

Employee Car Ownership Scheme

The CBS Employee Car Ownership Scheme is designed to remove the restrictions and limitations of a traditional car benefit and create financial and operational benefits for employers and their employees alike. The scheme applies to employees with a car benefit entitlement and offers significant savings on premium models and high specification derivatives.

Reduce write down costs

CBS Ensure Compliance

Assistance with HMRC full disclosure status

Reduced admin burden

Class 1A National Insurance does not apply to ECOS

Supply of premium used car stock

Company Car Tax does not apply

Zero deposit & Fixed low monthly repayments

No BIK exposure

Flexible 6 month 10,000 mile term

Savings deliver increase in take home pay

High spec vehicles at affordable rates

Partners & Supplier Schemes

Partner and Supplier Schemes are an affiliate scheme provided on exclusive terms by the manufacturer to key business partners of their choice. They are structured to deliver car benefit to eligible employees at no additional cost to the business. The manufacturer provides a choice list of vehicles available to employees on flexible funding packages that include zero deposit, fixed low monthly repayments and short term contracts. CBS facilitate and manage the scheme offering control, compliance and convenience to manufacturer partners, suppliers and their employees.

Recruitment and retention tool

Full control of employee eligibility

Low operational commitment

Best Company to Work For Initiative

No insurance or maintenance costs

Zero deposit and fixed low monthly repayments

No credit agency reference check

Manufacturer warranty included and road tax warranty

Short Term Contracts

Generous mileage allowance

No BIK exposure

Corporate Solutions

The flexible nature of Employee Car Ownership Schemes coupled with CBS expertise, allows corporate sector clients to manage the parameters and policy for their scheme whilst outsourcing the management, risk and administration burden. Our Consultancy team work alongside your business to design and implement a scheme aligned to your business objectives, delivering a combination of the following benefits:

Generate business savings

Eliminate company car tax reporting

Enhance recruitment and staff retention

Remove the restrictions of company car tax

Create a bespoke car benefit solution

Outsource vehicle risk

Deliver a robust & compliant benefit

Provide a Best Company to Work For Initiative

Employee Car Ownership Scheme

The CBS Employee Car Ownership Scheme is designed to remove the restrictions of traditional car benefit and protect employers and their employees from the rising cost of company car tax. The scheme applies to employees with car entitlement and offers a broader choice of vehicle across a spectrum of brands, delivering significant savings on premium models and high specification derivatives.

Full control for employers from vehicle choice to eligibility

Remove the restrictions of company car tax

Maintenance can be included

Assistance with HMRC full disclosure notification

Fully managed by CBS

Savings against Class 1A National Insurance

Company car tax does not apply

Savings deliver an increase in disposable income

Protection from further increases in company car tax

High spec vehicles at affordable rates

Fixed monthly repayments

Insured by your employer

Staff Car Scheme Process

01. Scheme Design

The CBS Consultancy Team work with the manufacturer and their respective dealer network to set objectives and parameters for the scheme. This includes scheme design and exclusive pricing.

02.Employer Participation

Once agreed, the Network Development Team present the scheme to the brands franchise dealer community. The employer opts to participate and the scheme is designed and implemented to fit the client brief by our Operations Team.

03. Vehicle Selection

The scheme is marketed to all eligible employees who can browse through vehicle choice lists and request quotations via the scheme website. Quotations are managed by the on-site Scheme Coordinator who can approve or decline quotations using the task manager.

04. Order & Delivery

CBS issue a Credit Sale Agreement (CSA), once signed the car can be registered and ownership transfers to the Employee. Funding is provided by CBS with repayments deducted monthly by the employer from the employees NET Pay.

05. Contract End

At the end of the contract term the employee can request an optional final payment. At this stage the employee can choose whether to make the payment and own the vehicle outright or hand the car back.

Employee Car Ownership Scheme Process

01. Scheme Design

The CBS Consultancy Team work with the employer to set the parameters and objectives for the scheme with a focus on delivering efficiencies in comparison to the current company car policy. The scheme is then designed to client brief and in some instances CBS can provide access to exclusive manufacturer sponsorship.

02. Eligibility Criteria

The Operations Team work with the employer to implement best practice and establish policies, detailing employee contributions, eligibility criteria, vehicle viability and how to mitigate risk.

03. Vehicle Selection

Vehicle selection is managed by the employer and the client can browse vehicle choice and create quotations on the scheme website. The employer may choose to offer employees a selection of vehicles at their discretion.

04. Order & Delivery

The car is registered and CBS issue a Credit Sale Agreement (CSA) to transfer ownership to the employee. Funding is provided by CBS to the employee with repayments deducted monthly by the employer from the employees NET Pay.

05. Contract End

At the end of the contract term the employee can request an optional final payment. At this stage the employee can choose whether to make the payment and own the vehicle outright or hand the car back.

Partner & Supplier Scheme Process

01. Scheme Design

The CBS Consultancy Team work with the manufacturer to facilitate schemes for selected partners and suppliers, setting parameters for the scheme. This includes scheme design and exclusive pricing.

02. Client Set-up

CBS then commence the implementation with the client establishing eligibility criteria and policy. A scheme website is set up and the client selects a Scheme Coordinator to approve or decline quotations.

03. Vehicle Selection

The scheme is marketed to all eligible employees who can browse through vehicle choice lists and request quotations via the scheme website.

04. Order & Delivery

The cost and availability is confirmed, CBS issue a Credit Sale Agreement (CSA) to transfer ownership to the employee. Funding is provided by CBS to the employee with repayments deducted monthly from the employee’s NET Pay.

05. Contract End

At the end of the contract term the employee can request an optional final payment. At this stage the employee can choose whether to make the payment and own the vehicle outright or hand the car back.

Employee Car Ownership Scheme Process

01. Scheme Design

The CBS Consultancy Team work with the client to set the objectives and parameters for the scheme including vehicle choice, contract term, vehicle maintenance, employee contributions and policies. CBS then negotiate terms allowing corporate organisations to benefit from rates available to CBS.

02. Vehicle Selection

A scheme website is set-up allowing employees to view the cars available to them. This can be tiered and managed by viewing permissions set by the client. Employees can view the available choice lists and create quotations via the scheme website which are then approved or declined by the client in the task manager interface.

03. Order & Delivery

Cost and availability is confirmed and CBS issue a Credit Sale Agreement (CSA) to transfer ownership to the Employee. Delivery is arranged and funding is provided by CBS with repayments deducted monthly by the employer from the employees NET Pay.

04. In-life

Maintenance and fleet administration is managed by CBS, this includes vehicle servicing, road tax payments (VED), MOT’s, breakdowns, fine management and any ad hoc maintenance.

05. Contract End

At the end of the contract term the employee can request an optional final payment. At this stage the Employee can choose whether to make the payment and own the vehicle outright or hand the car back to CBS. The car is then assessed for fair wear and tear.

Partner & Supplier Scheme Process

01. Scheme Design

The CBS Consultancy Team work with the manufacturer to facilitate schemes for selected partners and suppliers, setting parameters for the scheme. This includes scheme design and exclusive pricing.

02. Client Set-up

CBS then commence the implementation with the client establishing eligibility criteria and policy. A scheme website is set up and the client selects a Scheme Coordinator to approve or decline quotations.

03. Vehicle Selection

The scheme is marketed to all eligible employees who can browse through vehicle choice lists and request quotations via the scheme website.

04. Order & Delivery

The cost and availability is confirmed, CBS issue a Credit Sale Agreement (CSA) to transfer ownership to the employee. Funding is provided by CBS to the employee with repayments deducted monthly from the employee’s NET Pay.

05. Contract End

At the end of the contract term the employee can request an optional final payment. At this stage the employee can choose whether to make the payment and own the vehicle outright or hand the car back.

Designed by Car Benefit Solutions.
Controlled by you.

Contact your Regional Manager

Contact Details

The Barracks,

400 Bolton Road,
Bury, BL8 2DA

Monday - Friday

8:30 - 17:30