Fleet News

TCH Leasing customers say that contract hiring vehicles saves them time and money

TCH Leasing

Customers of TCH Leasing say contract hiring their vehicles saves them time, money and hassle, following a company survey.

The contract hire and fleet management busines asked 3,000 of its clients about the benefits of their chosen funding method.

 

In response to the question: in what way does contract hire benefit your business?

  • 46% replied that using contract hire enables them to have vehicles that we would otherwise not be able to afford
  • 41% replied that using contract hire helps reduce costs
  • 33% replied that contract hire helped free up capital for growth

In response to the question: do you think that leasing your vehicles via contract hire is hassle free?

  • 74% replied yes, contract hire is hassle free
  • 9% replied contract hire is sometimes hassle free
  • 17% replied that contract hire is not hassle free

In response to the question: does leasing your vehicles mean that you have less administration in managing the vehicles?

  • 81% replied yes, there is less administration involved in managing the fleet through leasing vehicles
  • 19% replied no, there is no reduction of administration involved in managing the fleet via leasing

Mark Hammond, managing director of TCH Leasing, said: “Our research reveals that despite changes in taxation, UK employers are continuing to embrace the contract hire option as a method of providing and managing company vehicles.

“Whether it is reducing the administrative burden, reducing costs or just being able to provide a great choice of vehicles for employees, contract hire continues to deliver significant benefits for UK businesses.”


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