Artegy provide its customers with the funding and fleet management
services to achieve this objective through a product that
spreads and fixes the costs over the life of the truck. The
product is Contract Hire, the service is dedicated to the
ADR market. Artegy appreciate the importance of understanding
what Fuel Distributors do, how they do it and why.
With a notable trend moving towards contract hire as the
preferred method of funding and managing commercial vehicles,
the table below demonstrates the benefits of contract hire
over the traditional method of out right purchase:
| FINANCIAL ISSUES |
Contract Hire |
Outright Purchase |
| |
|
|
| Accurate monthly budgeting |
|
|
| Improved cash flow |
|
|
| Minimum capital expenditure |
|
|
| Capital allowances available |
|
|
| Off balance sheet funding |
|
|
| Ownership of vehicle |
|
|
| Residual value risk |
|
|
| Depreciation risk |
|
|
| |
|
|
| OPERATIONAL ISSUES |
|
|
| |
|
|
| Reduced administration |
|
|
Specification support
|
|
|
| Purchase and Build management |
|
|
| O licence inspection administration |
|
|
| Road fund licence administration |
|
|
| 24 hour Breakdown and Technical support |
|
|
| Fixed charge routine maintenance |
|
|
| No vehicle disposal problems |
|
|
| On-going advice/support |
|
|
By choosing contract hire companies can release valuable
capital, significantly reduce the risk involved with the management
a fleet of specialist vehicles and improve their bottom line.
Artegy recognise the importance of excellent customer service
and that is what’s delivered.
Businesses
operating specialist commercial vehicles that are critical
to delivering product to their customers now have a real opportunity
to improve levels of customer service. Most companies strive
to meet the objective of a more reliable, younger fleet but
the level of investent required to achieve this is never quite
available.
