Pendragon Contracts

Pendragon Contracts Fleet Size

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

2011 Fleet News FN50 position: 17/50 - fleet size: 13,167*
2010 Fleet News FN50 position: 22/50 - fleet size: 12,024*
2009 Fleet News FN50 position: 18/50 - fleet size: 18,438*

* source Fleet News, part of Bauer Automotive

Pendragon Contracts is a leasing and finance company who operate under the parent company Pendragon PLc – the largest automotive dealer in Europe. Pendragon Contracts employ more than 70 team members across the country, with a strong focus on their unique in-house ‘constant And Never-ending Improvement’ (CANI) business model. This recognises all employees’ roles within the company and encourages them to all contribute ideas that may be valuable to its future development.

Since being established as a core element of the Pendragon PLc business model in 1989, the company has rapidly expanded, acquiring and merging with no less than three huge contract companies – CFC Solutions in 1998, Bramhall Contracts in 2004 and most recently, Varfy Contract Motoring in 2006.

Pendragon Contracts offer numerous services catered for both the car and van leasing market, with their main policies listed below:

Contract Hire

Contract Hire is the standard method for companies looking to rent any number of vehicles for a predetermined period. With this service, you typically lease a brand new vehicle for a fixed contract period and at a fixed annual mileage. Payments are the same and come on a monthly basis, with only a single bill to worry about. Ownership of the vehicle remains primarily in the hands of Pendragon, meaning that it will never appear on the employee’s balance sheet and there are no associated running costs to worry about.

Daily and Flexilease Hires

Daily and Flexible hire schemes offer a similar service to that of the standard Contract hire schemes, but for a much shorter agreed period. Leases start from as little as one month for Flexilease and carry an open ended agreement that allows extensions as the customer sees fit. Daily schemes give the customer the chance to lease a car for the day, giving them full breakdown cover and accident management as standard.

Sale and Leaseback

Sale and Leaseback is a fantastic option for companies looking to inject some cash into their business as quickly as possible, while still maintaining a fully operational fleet. This method sees you the customer selling your fleet to Pendragon at an agreed sum and then lending it back from them in a traditional Contract Hire deal. By selling the fleet, it also means you don’t have to worry about the general running costs that fleet ownership brings.

Salary Sacrifice Car Schemes

Salary sacrifice schemes allow employees not typically entitled to a car the opportunity to receive one, in return for part of their salary under the terms & conditions of their employment. As the salary is sacrificed before tax and National Insurance, there is also typically a discount on the vehicle the employee receives.

All of these schemes come with several optional Fleet Management add-on packages as listed below. Some packages may be included as standard for certain methods such as Daily and Flexilease:

•   Driver Care
•   Online Service Booking
•   Outsourced Fleet Administration
•   Breakdown Cover
•   Accident Management
•   Risk Management
•   Tyre Provision
•   Glass Replacement
•   Fuel Cards
•   Trafficmaster/Telematics

Pendragon Contracts’ head office is located in Derby, DE21 4AZ. For more information, Pendragon Contracts can be reached via the ‘contact us’ section of their website over at ‘http://www.pendragon-contracts.co.uk/contactus.asp’. Alternatively, they can also be contacted via their telephone number 01332 267367 or by their email address ‘info@pendragon-contracts.co.uk’.

Sources
http://www.pendragon-contracts.co.uk
https://www.ss4c.com/?p=overview
http://www.contracthireandleasing.com/guides/sale-and-leaseback/
http://www.peugeotvehiclecontracts.co.uk/contract-hire-explained/
http://www.contracthireandleasing.com/guides/sale-and-leaseback/
http://www.businesscar.co.uk/mp_detailed.asp?adid=53706&com=32454&navcode=&packagetype=S

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