Inchcape Fleet Solutions

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

• 2011 Fleet News FN50 position: 13/50 - fleet size: 22,455*
• 2010 Fleet News FN50 position: 15/50 - fleet size: 23,135*
• 2009 Fleet News FN50 position: 15/50 - fleet size: 28,729*

* source Fleet News, part of Bauer Automotive

Inchcape Fleet Solutions is a fleet management and leasing company with a history stretching back over 50 years, offering services ranging from accident management and fleet maintenance to vehicle leasing and contract hire, strengthened with a wide array of innovative online solutions. With approximately 165 staff operating from their head office in Portsmouth, Inchcape Fleet Solutions have become one of the UK’s leading fleet management and leasing companies.

The company operates as the vehicle leasing subsidiary of Inchcape plc, managing a fleet of over 50,000 vehicles. They have been listed on the London Stock Exchange since 1958 as a leading independent international automotive distributor and retailer. The company have numerous professionally recognised accreditations to their name, including ISO 9001, 14001 and 27001. They are also Members of the Financial Services Authority (FSA) and the British Vehicle Renting and Leasing Association (BVRLA).

Inchcape Fleet Solutions offer a wide range to customers, ranging from leasing and purchase to management and assistance. Here are some examples of the main leasing policies they have on show; for other policies please check the ‘products and services’ section of their website:

Contract Hire

Contract hire gives customers flexibility with their fleets, allowing them to lease the fleets for a pre-determined time period with no obligations. Contract hire offers distinct advantages over many forms of vehicle funding; in particular, the reclaiming of VAT. With fixed costs and a residual value risk that is undertaken by Inchcape Fleet Solutions themselves, it also means that cash flow is easier to manage.

Inchcape offer two contract hire policies: Maintenance inclusive and Maintenance exclusive. Each one is fairly self explanatory, with one giving an additional maintenance plan and the other not.

Contract Purchase

Contract purchase is the ideal solution if you want to own your vehicles but want to avoid the risk of depreciation. Similar to Contract Hire, the customer initially leases the fleet off Inchcape for a predetermined contract period. The difference comes at the contracts end, where the customer is then given the choice of buying the fleet outright. This type of arrangement is typically suited to companies that are VAT exempt or partially exempt, as VAT is only payable on the maintenance element.

Daily Rental Services

Inchcape’s Daily Rental Services give customers the flexible access to over 130,000 vehicles, ranging from city and prestige cars to commercial vehicles, tippers, 26-tonne trucks and cranes. There are no contracts or agreements and customers simply pay for the vehicle on a day by day basis.

Ex-Fleet Vehicle Sales

This alternative gives company car drivers the option to buy their vehicle when the lease agreement with Inchcape Fleet Solutions expires, as well as providing effective aftercare plans such as a warranty and breakdown covers.

If required, they can also provide a finance solution, which grants all vehicles the following benefits:

• Six months’ parts and labour warranty, with the option to extend it for up to 3 years.
• Roadside assistance included for the full duration of any warranty.
• An MOT guarantee included free with an extended warranty that covers drivers against failure of the next MOT.

Personal Leasing

Personal leasing caters for an individual who wants to lease a car for their own use, separate from a business.  There are two choices of car finance funding options to suit your individual needs: personal contract purchase or hire purchase.

Personal Contract Purchase involves fixed monthly payments until the contract ends. Afterwards, the driver has a few choices: they can simply return the car free of charge, keep the car by paying a final agreed payment or part exchange the car and take out a new lease on another vehicle.

Hire Purchase involves fixed monthly payments and at the end of the agreement, you own the car. The above personal leasing agreement also includes full manufacturer’s warranty, roadside assistance and road tax for the contract duration. In addition, you can also choose from several extra maintenance packages for added peace of mind.

Sale and Leaseback

In Sale and Leaseback, you the customer sell your fleet to Inchcape Fleet Solutions and they then lease it straight back to you under the terms of a leasing agreement, usually contract hire. This provides the benefits of an immediate cash injection into your company, as well as eliminating all residual value risk.

Inchcape can be contacted via their main registered office on Langford Lane, Kidlington, Oxford. Alternatively you can speak to them via telephone on 0870 191 4455, or by email at contactus@ifs.inchcape.co.uk. If you simply want to know more about the policies, all the information can found on their website at www.ifs.inchcape.co.uk, where you’ll find them all individually broken down.

 

Back