Citroen Contract Motoring

For further information, please call on freephone 0800 458 0113 or email us.

2011 Fleet News FN50 position: 15/50 - fleet size: 21,758*
2010 Fleet News FN50 position: 16/50 - fleet size: 22,162*
2009 Fleet News FN50 position: 16/50 - fleet size: 22,200*

* source Fleet News, part of Bauer Automotive

Citroen Contract Motoring is the Citroen Company’s official in-house vehicle leasing company, offering leasing, protection and finance in a variety of packages and plans to suit consumers. With over 20,000 vehicles in operation, they have formed a close partnership with Citroën UK and their dealerships while also becoming the largest overall Citroën Fleet operator in Europe. Their aim is to provide customers with a single place where they can access all their business requirements related to their fleet without any complications. The company are in direct relation and co-operation to the Citroen car brand, a company who have existed since 1919 and are a world renowned French Car Manufacturer. The company have five key policies set out for consumers that each tackles a specific area of vehicle leasing, aimed at providing the highest level of service and value for Citroen customers:

Contract Hire

Contract Hire is a none-ownership finance scheme with fixed monthly rental fees that don’t change and are calculated relevant to the company’s cash income. When the contract has expired, clients can simply return the vehicle to Citroen and take out another contract or cancel without any obligation to renew.

Elect 3 Pro

The elect scheme caters for customers who need constant, reliable lease vehicles for several years with the benefits of paying monthly; it specialises mainly in the van market. Customers pay the initial VAT plus a deposit charge of between 10% and 40% of the vehicles value. It’s then just a simple monthly payment scheme over the course of 37 months, at which point the contract ends with a chance to renew. At the end of the agreement customers can either pay the final fee to own the van outright or part exchange it for something entirely new.

Business Lease

Business lease is a fixed monthly payment contract that differs from standard schemes because it is tailored to each business customer independently. Ownership of the vehicle is not transferred to the customer at the end of the contract; instead the customer simply pays a sum to use for the vehicle for the desired contract length. This helps keep rental costs far lower.

Lease Purchase and Hire Purchase

The final two schemes, Lease Purchase and Hire Purchase, are both contracts that have an ultimate intention of owning the vehicle by the contract end. In Lease Purchase, the customer chooses the deposit, contract length and payment intervals – once the contract is up the vehicle is theirs. For Hire Purchase is essentially the same except customers get the benefit of a fixed funding term to help them better structure their repayments. If you are interested in taking out a quote with Citroen Contract Motoring or would simply like more information, they can contacted via their new customers telephone line on 01753 747 747. Alternatively, they can be emailed on ccmenquiries@mpsa.com, or you can visit their website at http://citroen-contract-motoring.co.uk/.

Sources Used

http://www.citroen.co.uk/fleet-and-business/business-finance/citroen-contract-motoring/#/fleet-and-business/business-finance/citroen-contract-motoring/

http://www.citroen.co.uk/Resources/Content/GB/pdf/finance/Citro%C3%ABn%20Business%20Lease%20Leaflet.pdf

http://www.contracthireandleasing.com/business/car-contract-hire-and-leasing/citroen/

http://www.fleetnews.co.uk/

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Citroen Contract Motoring

Citroen Contract Motoring

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