Ken Trinder, director of c.2K Automotive Solutions, said: 'Barely a day goes by without the phone ringing and another dealer-owned contract hire operation being offered for sale. These will be the source of consolidation during 2000. These contract hire operations will be offered at the sort of prices that mean major contract hire companies start to buy them in bulk.'
Pawan Pandya, managing director of Paragon Car Finance, agreed that 2000 would be dominated by an acquisition climate with dealers selling off their contract hire operations. But he added: 'Many fleets are one car only and of no interest to the large firms, but small fleets will still need a service and that is our target market.'