News - 2009 Archive

Rise in rentals


We have seen a significant rise in the number of companies using rental vehicles as a key part of their fleet management strategy. In the last year alone we have seen the volume of rentals for both public and private sector organisations rise by over 18 per cent.

Michelle Wilson, head of rental services at ING Car Lease, said: “Over the last year we have seen a definite shift in attitude towards rental vehicles. Whereas they were once seen as an expensive option to leasing, more competitive rates and reduced administration have made it far easier for fleet managers to consider rental as part of a wider solution to transport needs.

“We are seeing a trend towards companies using rental for more one-off business use as a Risk Management tool to meet their Health and Safety and Duty of Care requirements, therefore ensuring their staff are not using unsuitable or uninsured vehicles”.

Wilson also highlighted the increased use of rentals in cases of staff probationary periods and extended contracts. She said: “Obviously, in times of economic uncertainty, businesses are looking to manage their exposure to long-term contracts and retain a degree of flexibility regarding their fleet requirements”

ING Car Lease provides an online rental facility working in partnership with National Car Rental, the UK’s largest car rental company. Through managing rental contracts online, clients are able to significantly reduce administration levels and monitor their agreements and outgoings on a continual basis.

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