Fleet News

New service allows drivers to buy company cars

Drivers can buy their company cars as they are being defleeted through the new Driver Sales Website – a part of the epyx’s 1link Disposal Network platform.

The new option works fully automatically based on a series of parameters chosen by the fleet manager.

As the vehicle becomes due for disposal, an e-mail is sent to the driver asking them current details about the car such as its mileage and road fund licence expiry date.

A buying price is then generated by the platform based partially on current CAP valuations but also by taking into account prices achieved for similar vehicles on the same fleet recently.

The fleet offering the car is also able to offer options such as finance and warranty products through the platform it is desires.

Ken Trinder, head of business development for epyx, said: “For fleets, selling direct to drivers in this way is the lowest cost and most direct route to realise the value of a vehicle when it comes to disposal time, while many drivers are keen to buy their car at a competitive price either as their main or a second car.”
 

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