Leasing circumvents the problems of upfront costs and provides regular payments over a period of time, plus it also removes any residual value worry. This is an issue because some SMEs perceive that current EVs will be superseded by better models in the medium term. Also, there is a general degree of worry about the shape of the economy and leasing means that businesses can keep more money in the bank for a longer period of time, providing a higher degree of liquidity if problems do arise
Fleet manages have realised that vehicles have the potential to be operated for markedly longer than had occurred in the past and have learnt a new skillset to enable this to be done economically and efficiently.
From just £10 a month, Fleetiful guarantees one point of contact and one monthly invoice for all fleet spend, and the format makes it more competitive than using multiple suppliers or brokers, as well as making a business easier to run. It is also more cost effective than a business buying or creating its own software, setting its own fuel supply / card deal, having multiple administrative and support suppliers, and setting up and managing its own telematics deals.
Fleet management is either seen as ensuring driver compliance, reducing risks associated with driving for work, or driving costs down. As costs rise, more businesses are keen to review fleet, and look at areas where savings and efficiencies can be made.
Mileage gives a good indication of a car’s mechanical wellbeing. The more miles it’s done the more likely it’ll need parts replacing/updating. With this in mind, LeaseLoco decided to take a deep dive into mileage and see just how much it affects car prices in today’s market.
By Chris Wright|2022-01-27T10:38:19+00:00January 27th, 2022|
New website, which is built by a new initiative – lythium Limited - is aiming to bring about more automation for pricing, information and ultimately introduce customers to an upcoming “lythium Journey”. All of the digital aspects have been created by one of the UK’s leading web development, design and digital marketing company – morphsites.
By Chris Wright|2022-01-21T08:48:46+00:00January 21st, 2022|
ViSN provides a single platform to manage fleet operations for fleet companies of all sizes. Designed using the latest cloud technology, it provides a more efficient experience than is currently available in the market. Users benefit from real-time management information and a single platform that connects the driver, in-life services, EV charging and payment integration, driver services and customer communication. In addition, it drives efficiency by enabling customers to self-serve everything from repairs to driver compliance.
By Chris Wright|2022-01-18T09:42:22+00:00January 18th, 2022|
As the impact of the pandemic and semiconductor shortages continue a forward-looking approach will help the fleet and mobility company to make sure that it can secure volumes of new vehicles for its customers’ orders and help them to remain mobile while servicing and repairs are underway.
Companies and fleet managers today understand the importance of building true environmental sustainability into their business. Not only is this becoming a key differentiator to attract potential new employees, but it is also vital to help businesses achieve net zero targets. However, implementing sustainable practices can often feel like a daunting task, with many not knowing where to begin.
As the desire for quick change and fast purchasing grows, consumers are looking for more ways to get what they want, when they want it. However, the leasing process and wait time can be a lot quicker and smoother than that of buying a new car, something that’s particularly of benefit to emergency services, NHS, and social care workers.
By Chris Wright|2021-11-08T11:00:04+00:00November 8th, 2021|
Inadequate delivery experiences hinder online sales growth and customer loyalty. However, existing last mile delivery companies are incapable of providing a truly customer-centric approach. Paack aims to disrupt the status quo and ensure every delivery is sustainable and convenient.
By Chris Wright|2021-11-04T16:31:30+00:00November 2nd, 2021|
The scheme, called Electric Dreams, is the first to be offered by a co-operative in the UK. Businesses are able to lease an EV for their employees, who then sacrifice a portion of their salary for the vehicle, with no upfront costs. The deduction covers the monthly cost of a brand new electric car, as well as insurance, servicing, maintenance, repairs, MOT, tax, tyres and road assistance, over an agreed term and mileage.
By Chris Wright|2021-10-13T09:14:08+01:00October 13th, 2021|
Research conducted by Leasing.com in August 2021 comparing the eight lowest total cost leasing deals on economy vehicles with equivalent manufacturer PCP offers found that, on average, leasing was £1,269.48 cheaper over the course of the contract and £23.08 cheaper per month.
By Chris Wright|2021-09-21T09:57:10+01:00September 21st, 2021|
When a financing company considers a lease application, they look for indicators that you’re a reliable borrower, such as your income and credit score. The better your credit, the less risk you pose – improving your chances of being accepted. In some instances, you can lease with a bad credit score, but you will have limited options, and may not be eligible for certain deals.
By Chris Wright|2021-09-16T09:54:01+01:00September 16th, 2021|
Flexibility to lease an electric car for as little as a month could convince drivers that this is the future of car ownership and access to vehicles, to suit rapidly changing lifestyles alongside both domestic and work scenarios. Sales of electric cars are predicted to continue to grow as the Government’s 2030 ban on the sale of new petrol and diesel cars approaches
Through Your Fleet, Silverstone can supply business vehicles using its panel of funding providers, as well as ensure a company has market-leading data on its current fleet 24/7, from booking cars in for maintenance, arranging accident assistance and vital monthly reports on how the fleet is growing.
New data for March 2021 released by Leasing.com shows Hyundai is now the top EV manufacturer when it comes to leasing enquiries in the UK. The uplift is mainly being driven by Hyundai’s two entry-level EVs, the Ioniq five-door hatchback and the Kona SUV.