Confused looking lady

Not sure what the future holds? Long-term rental can keep your options open

There’s a lot of uncertainty about at the moment, and never more would a crystal ball come in handy.

Not just Brexit and its broader implications for UK businesses, but other more specific factors affecting companies that operate vehicle fleets and their drivers.

Confusion reigns over the new WLTP (Worldwide harmonised Light vehicles Test Procedure) which begins in September this year, and we currently do not know when and how it will be introduced or the implications for benefit-in-kind, VED and national insurance.

It makes decisions regarding company vehicles trickier than ever, with some drivers not sure whether to choose their next vehicle now or wait and see what happens.

Economic uncertainty also means companies are treading carefully in terms of their growth plans, with some unsure whether to commit to vehicles for the next 3 or 4 years, considering the ambiguity that faces us post-Brexit next March.

Its at times like these that rental becomes a very strong option, particularly longer-term rental whereby, as long as you keep the vehicle for more than 28 days, you can then return it without penalty at any time.

“Long term rental is a great option when you want all the benefits of a fully supported and maintained lease vehicle, but without the commitment of a contract,” said Alison Mead, head of rental management at Grosvenor Leasing.

“With a mileage allowance of up to 3000 miles every 28 days, free breakdown and recovery, full maintenance and access to the best rental rates across a panel of UK-wide providers, its understandable why the popularity of this service has rocketed in recent years.”

Grosvenor Leasing’s rental management team works with many of the company’s contract hire customers, as well we companies that only use the rental service.

Also offering a ‘spot hire’, daily rental, service the team will organise everything for you, find the best rates, liaise with the driver over delivery and collection and provide complete management reporting to help monitor costs over time and manage rental budgets with confidence.

For more information, or to see some indicative rates, please speak to Alison Mead or a member of her team on 01536 536 536.

© Grosvenor Contracts Leasing 2018