Fleet News

It's Peugeot and Ford for B&B

BUILDING society and estate agency Bradford & Bingley has whittled down its preferred list of four vehicle suppliers for its 2,100-strong fleet to two - Peugeot and Ford. The move is part of a fleet policy standardisation which has led to more than 1,400 employees joining the Whitechapel structured personal leasing scheme under which staff technically own their company cars.

Drivers use the money they save from benefit-in-kind tax to fund, at preferential rates, the monthly payments on their vehicles under the scheme, which is funded by Corporate Services, a subsidiary of First National Vehicle Holdings. Bradford & Bingley expects the Whitechapel scheme to save it £1.5 million.

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

Comments

No comments have been made yet.

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