A new comparison website aimed at helping fleets find the lowest contract hire quotes is claimed to have already have saved businesses money.
CompareMyFleet.com has already forged links leading contract hire and leasing companies including Alphabet, Days Contract Hire, GE Capital Fleet Services, Inchcape Fleet Solutions, LeasePlan UK, Ogilvie Fleet and Volkswagen Financial Services with more expected to come on board.
Users provide required vehicle details including if vehicles should be with or without maintenance, annual mileage and replacement period.
Within 24-hours, they will receive from CompareMyFleet.com a report containing quotes from a basket of leasing companies on a per vehicle basis in a format that also contains key potential supplier terms.
The CompareMyFleet.com team uses its procurement experience to provide a consultancy service to prospective clients aimed at helping maximise savings, select additional services and ensure vehicles chosen are suitable for their business.
CompareMyFleet.com co-founder and director Neil Birkbeck (pictured left) said: "Trawling the marketplace to obtain quotes from a number of contract hire and leasing companies is a hugely time-consuming business.
"Not only that, but it is an extremely complicated and complex market to tackle in terms of selecting the right vehicle and the right services at the right price, while also taking into account discounts and rebates available.
"I know because I have sourced company cars and vans in my procurement role at previous employers and have found what should be a straight-forward task can prove to be a major headache for the unwary."
Fellow director and co-founder Mark Pritchard (pictured right) said: "Businesses and consumers have been able to make major financial savings by accessing comparison websites to source a range of goods and services.
"While it takes only five minutes to access CompareMyFleet.com and find the best rates from a basket of contract hire and leasing companies, we also offer much more via a range of added value services that can also be sourced from those same companies such as service maintenance and repair, accident management and fuel card management."
"Fleet procurement today is frequently in the hands of employees who are not fleet professionals. Instead they are procurement, HR or finance specialists who have been given fleet responsibility as part of their job description.
"We are on hand to assist these people make the right procurement decisions and save their employers money, while also being totally accessible to fleet professionals that may want to use our services."
Mike Midgley - 17/01/2014 14:28
Price is not the only consideration and fleets should fully consider acquisition types not just price points. In fact many fully qualified fleets correctly structured can pay more per month using the correct acquisition method and profile and still save money when all aspects are considered. Clients would need to be fully managed and guided through this process with price only being one consideration with qualified advice. Like on many comparison sites for various products, savings quoted up front may not materialise.