Search
Close this search box.
Sign up for our weekly Newsletter

Flexible rental provides alternative to replacing vans

SMALL businesses operating older vans could save money by renting rather than buying new vans.
848_Northgate246x155

Share

30 November 1999

Northgate rental vans

Van rental: offer flexible alternative to buying

SMEs can benefit from usership rather than ownership says Northgate

SOLE traders struggling with replacement costs and MOT issues with their old vans – along with small businesses that need replacement new vans – should consider van rental, suggests Northgate, the van rental business.

The company believes that too many businesses spend time and money repairing and maintaining older vehicles that will increasingly cost more to run.

In addition, lack of capital to buy new vans is also a factor as banks continue to make lending to SMEs difficult or highly expensive.

Northgate says that flexible hire, such as its Norflex product, provides financial savings for SMEs without any long term commitment, and there’s no bank lending to contend with.

Northgate Vehicle Hire sales and marketing director Gareth Jones said: “With such restrictive lending criteria being a common problem for many SMEs, traditional methods for acquiring and running vehicles are proving cumbersome and require a level of capital commitment that no longer makes sense for many organisations.”

Mr Jones said that Norflex was contract-free and fully flexible. “It enables SMEs to operate vans for any period of time without a commitment to lengthy contracts. Vehicles can be returned at any time without charge if business demand drops or if business activity increases then additional vehicles can be immediately added,” he said.

Mr Jones continued: “Rental has historically been viewed as a stop-gap transport solution. But that perception is changing and, as we are discovering, more companies are realising that it is vehicle usership and not ownership that is key.”

Share this article

Facebook
Twitter
LinkedIn
WhatsApp
Reddit
Email

Want more motoring news?

Sign up here for our free weekly serving of motoring.

Sign up here for our free weekly serving of motoring.

Ralph Morton

Ralph Morton

Ralph Morton is an award-winning journalist and the founder of Business Car Manager (now renamed Business Motoring). Ralph writes extensively about the car and van leasing industry as well as wider fleet and company car issues. A former editor of What Car?, Ralph is a vastly experienced writer and editor and has been writing about the automotive sector for over 35 years.

Latest news

Top