Fleet News

Arval launches insured leased vehicle package

Arval UK has launched a new product which enables customers to lease an insured vehicle from them.

This optional package provides Arval customers with a simple, inclusive solution all at a competitive price.

The insured vehicle forms part of an optional customer package which Arval is calling ‘Arval Total Care’. It includes: Contract Hire with third party insurance, own damage protection, glass damage protection, maintenance management, breakdown assistance and accident management.

By bundling together these products, Arval is offering customers a hassle-free and cost effective approach to vehicle leasing and management.

Arval’s insured leased vehicle approach offers:

  • Competitive pricing
  • Optimised VAT position
  • Fixed price for the length of the vehicle lease
  • Allows customers to keep vehicle related costs together (supported through a monthly consolidated invoice)

Leasing an insured vehicle is not currently common practice in the UK but is a very popular approach in other European countries. Arval completed extensive customer and market research when developing this product which highlighted a clear customer need with real benefits. 60% of 250 small businesses stated that they would be interested in a quote from Arval.

Robert Pieczka, Business Development & Marketing Director said: “Customers expect insured leased vehicles in many European countries where it is long established as a service provided by Arval. I am delighted to announce the launch of this innovative new service in the UK fleet market. Extensive customer research shows that there is a real need for a straightforward, fixed price package, saving customers time and money.”

 


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