Scheme Overview

The Scheme

The Scheme is an employer-sponsored alternative to traditional company car benefit and provides the opportunity to receive your car benefit without being subject to company car tax.

Key Features

The following components are features of the scheme:

• 6 month, 10,000 mile agreements
• No employee early termination penalties
• Simple operation
• No deposit and fixed monthly repayments
• Available to eligible employees*
• No impact to your credit score**

*Excludes individuals who are currently filed as bankrupt or for whom bankruptcy proceedings have already commenced, as well as those who are legally prevented from accepting new credit or are subject to the conditions of an IVA or other debt management solution.

**Please see Scheme FAQs in the Help section