The majority of fleet decision-makers are in favour of a return to traditional managed company schemes and away from cash-for-car incentives, according to two recent surveys.

The surveys by Masterlease and Provecta found that employee car ownership (ECO) schemes were more attractive than cash-for-car plans. Nick Sutton, chief executive of Provecta said that structured ECO schemes were now attracting more interest then the other available options.

The other main reasons identified in the survey for the fall in popularity among employers of the cash-for-car option were environmental and financial. The majority of drivers who opt for the scheme chose older and cheaper cars which are less fuel-efficient and cause more pollution than newer but more expensive models.

Another reason given to the survey was a desire by business owners for better control of risk and health and safety after the recent introduction of the Corporate Manslaughter Act.