Fleet News

Rental trend is big boost for Stopgap

SPECIALIST vehicle supplier Stopgap Mid-term Vehicle Rental has seen mid-term rental demand rise 37% in the past year.

The firm, part of the Leasedrive Group, puts the increase down to fleets replacing pool cars with rental vehicles.

Roddy Graham, commercial director of the Leasedrive Group, said: ‘Our experience over the past four years has shown that mid-term vehicle rental is often overlooked.

‘However, there are signs now that companies are beginning to identify the savings to be made from mid-term vehicle rental over more traditional methods of providing temporary transport.

‘Currently, seven of our top 10 leasing and daily rental customers regularly use mid-term rental.’ The average rental length is two months and visitors from overseas and new employees on probation account for 90% of its business.

Graham added: ‘What some customers do not appreciate is that if you have a rental vehicle for more than 14 days, then you need to report motor insurance and P11D details. ‘Our online registration makes this a virtually invisible process.’

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