A broker-managed fleet: the benefits
Vehicle Consulting cares for the leasing and fleet management activities of numerous fleets of 20-to-200 vehicles, from world famous sportswear brands to major names in the financial sector. What are the advantages of entrusting a leasing broker like Vehicle Consulting to look over your fleet’s drivers and vehicles?
Many organisations do not employ a dedicated fleet manager whose role solely involves caring for their drivers and vehicles. A specialised and experienced contract hire broker with long-standing relationships across the automotive sector will typically be able to resolve vehicle specification, pricing, ordering, pre and post-delivery, renewals, de-hire and disposal matters more efficiently, freeing up time for procurement, HR or finance personnel who may otherwise assume the role. Caring for drivers can also prove burdensome, encompassing facets such as penalty points and licence checking.
Leasing brokers that place significant volumes of orders with manufacturers and dealers are usually able to negotiate more attractive pricing and terms across both business and personal contract hire, and they can often secure reduced delivery times, procure hard-to-find vehicles and facilitate efficient short-term solutions when the need arises. Brokers are also intimately aware of funders’ seasonal price behaviour along with special campaigns they offer.
A fully independent broker such as Vehicle Consulting is able to act in a far more flexible, agile way in comparison to manufacturers, multinationals and other larger financial organisations impeded by lengthier approval processes. Decisions are made for the benefit of client relationships, and pricing reviews are often able to be carried out at shorter intervals.
Leveraging a broker’s multi-funded approach that allows continuous access to the best value funding options has clear procurement benefits for clients. The alternative single funder approach is inflexible and not guaranteed to provide best value packages.
Brokers ordinarily receive the latest automotive news and developments on a regular basis, such information disseminated quickly to their account managers in order to advise clients of best practice, new technologies and legislative changes.
Brexit ramifications are unknown and some key funders are French-owned e.g. Arval is backed by BNP Paribas. This is an additional way in which engaging a whole-market broker works to a fleet’s advantage.
Vehicle Consulting can review an organisation’s fleet policy to ensure that it reflects the latest legislative and other changes along with HR procedures, driver and vehicular guidance, and health and safety.