end-of-contract charges
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Fleet industry news 19 Jan 2021AI vehicle inspection technology launched by MJB Automotive Solutions
Pave, an inspection tool that appraises vehicles in real-time, has been launched by MJB Automotive Solutions.
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Fleet industry news 23 Jan 2020End-of-contract excess mileage charges increase
The amount fleet operators are paying in end-of-contract excess mileage charges for both cars and vans has increased significantly in the past year.
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Fleet industry news 8 Mar 2019ARI Fleet UK offers no mileage limit lease deal
ARI Fleet UK is now offering customers lease vehicles with no mileage limits, or end-of-life damage charges.
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Fleet industry news 1 Feb 2019Number of drivers not reporting minor damage almost doubles
A third of company car drivers would not report minor damage to their employer, according to a new survey by Venson Automotive Solutions.
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FN50 insight and analysis 30 Nov 2018
More cars and vans not up to scratch in eyes of lease firms
End of contract damage charges continue to be a bone of contention between leasing companies and their customers.
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FN50 insight and analysis 29 Nov 2018Average end of contract excess mileage figures hit record low
The average end-of-contract excess mileage charge for defleeted company cars has dropped to a record low of £324: the second consecutive year it has fallen by more than 11%.
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Fleet industry news 26 Sep 2018
Firm helps fleets avoid ‘unfair’ end-of-contract charges
Damage Reclaim, a no win, no fee start-up, is targeting fleets that are in dispute with their leasing companies over end-of-contract vehicle charges
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Manufacturer news 19 Sep 2018No-deal Brexit could increase car and van prices by £1,500
New SMMT analysis suggests that no-deal and the resulting tariffs on light vehicles alone would add £5 billion to the collective EU-UK auto trade bill.
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Connected Fleet 10 Sep 2018Congested UK cities bid for Government transport funding
Range of transport options will minimise vehicle use as cities bid for Government funding. By Stephen Briers
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Fleet industry news 27 Mar 2018BVRLA guides to clarify what is fair about wear and tear charges
Improving the communication of contentious fair wear and tear rules between leasing companies and fleet operators was top of the agenda at a recent meeting of industry trade bodies.
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Remarketing 29 Oct 2015Avoid the end-of-contract sting in the tail
Leasing companies are often accused of using end-of-contract damage charges as a ‘profit centre’. Not so, say the UK’s three largest leasing companies. Andrew Ryan compares answers to fleets' key concerns
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Remarketing 12 Oct 2015Damage charges: understanding fair wear and tear
Leasing companies usually base end-of-contract charge decisions on the BVRLA’s guide, but interpretations can differ. Andrew Ryan looks at areas where fleets may fall foul of the standards – and incur a heavy toll
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Fleet industry news 18 Aug 2015More than one-third of leased vehicles returned to Activa Contracts attract no damage charges
Activa Contracts has highlighted its approach to damage charges, described as 'the cause of the biggest degree of conflict' for fleets and leasing companies.
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Fleet industry news 18 May 2015ACFO puts defleet charges in spotlight at Company Car in Action debate
Members of ACFO and visitors to Company Car In Action 2015 are being urged to attend a seminar on end-of-contract mileage and vehicle wear and tear recharges.
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Fleet industry news 13 Jan 2014Fleets urged to check and challenge damage charges
Companies are being urged to ‘check and challenge’ damage recharges amid concerns about widely differing standards and costs among leasing suppliers.
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3 Jul 2013
Fleet200 Round Table: CCIA June 2013 - Damage charges
Fleet200 met for another of its regular Round Tables at the Company Car in Action event at Millbrook Proving Ground.
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Fleet industry news 4 Sep 2012William Hill cuts end of contract charges by more than a third
William Hill has implemented a new end of contract damage recharge policy, in conjunction with Zenith, which has seen a huge reduction in end of damage contract charges.
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Fleet industry news 17 Apr 2012End-of-contract vehicle ‘clocking’ on increase
Mileage correction companies used to avoid end-of-contract charges.
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Remarketing 23 Feb 2010Remarketing 3 - Vehicle Inspection
In today’s market it’s essential to know what condition fleet vehicles are in for a number of very good reasons. This information might be used to penalise a driver for causing undue damage over fair wear and tear.
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Fleet industry news 7 Nov 2002
FN50 analysis: £90m bill for end of contract re-charges
FLEETS that contract hire company cars are paying millions of pounds in unbudgeted end-of-lease re-charges for excess mileage and undue wear and tear, new research has revealed.
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