Fleet News

Fleet Operations’ new mid-term rental service LightLease to give 'WLTP flexibility'

LightLease website

LightLease, a new mid-term vehicle lease solution has been launched by fleet management provider Fleet Operations, offering flexibility amid WLTP uncertainty.

The service focuses on leasing a broad range of vehicles from 90 days to 12 months

The service enables businesses to lease a broad range of vehicles, from 90 days to 12 months, bridging the gap between short-term rental and longer-term contract hire.

Fleet Operations’ sales and marketing director Jayne Pett said: “We have responded to a growing market demand for a flexible leasing option.

“If it’s not carefully controlled, short-term hire can prove expensive and can result in an unanticipated administrative burden with vehicles being regularly swapped by providers as they hit predetermined mileage or age limits.

"This burden can include everything from fuel card or telematics management to Benefit-in-Kind tax reporting.

The launch of LightLease also “offers drivers greater flexibility” following the introduction of WLTP.

“We are witnessing a great deal of apprehension and uncertainty around WLTP, with concerns that higher vehicle CO2 figures may lead to an increase in Benefit-in-Kind tax liabilities from 2020,” said Pett.

“While it remains unclear as to whether or not tax thresholds will be adjusted, LightLease offers a solution for drivers who are cautious about committing to a longer-term contract hire agreement.”

Click here for fleet management software best practice and procurement insight

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Related content

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee