How Do I Get Better Pricing And Services For My Fleet Of Company Cars?
Monday, July 12th, 2010It can be frustrating to learn that your’re not getting the best prices for your lease cars, even when you have a strong fleet (say 50 for example). You could be forgiven for assuming that a fleet of that size would not only make you an important client, but also secure you excellent car leasing premiums.
As to whether they are considered an important account really comes down to how large the contract hire company is. For one of the bigger companies, a reasonable fleet would consist of a figure closer to 500 cars, and it’s these size clients that receive the most favourable rates.
So how does a smaller acount acquire a better level of pricing and service? The best way appears to be by either dealing with smaller car leasing company, or conversely, a large contract hire broker; someone who would have the facilities and staff required to look after a fleet of company cars.
A small broker is not really any good for a company with a fleet of cars, as they lack time, resources and manpower and could prove extremely distuptive to companies. Another distinct disadvantage to going with a smaller broker is that they very rarely have access to all the car leasing dealsthat are available on the market.
A more established broker will be able provide the other services that are of vital importance to a company that runs a fleet; the main one being checking company drivers’ licences to ensure there a no convictions, which a driver may have failed to declare to the company. It’s often surprising what can be found during these history checks; from suspended licences, to criminal convictions, to fully disqualified drivers.
You can expect a large Contract hire broker to have access to the whole range of financial facilities that are on the market and will often get first refusal on many of the manufacturer’s special offers. Whilst these companies are large when compared with the majority of brokers, a client with thirty to fifty company vehicles will be considered a valuable client.