Leasing and Fleet Funding
Contract Hire
- Low initial outlay
- Fixed cost budgeting and efficient cash-flow management
- Off-balance sheet funding can improve gearing ratios
- Improved tax efficiency through VAT and writing down allowances
- Risk-free way of operating your fleet
- Removes administrative burden of supplying, servicing & disposing of your vehicles
- Switch vehicles your business owns to Contract Hire via sale and leaseback
- runyourfleet takes all the risks connected with company vehicle ownership (depreciation, maintenance, residual value)
Finance Lease
Finance Lease allows customers to repay the entire capital cost of the vehicle plus interest over a period of time (usually up to 4 years for cars and 7 years for vans) or agree a balloon payment to match the vehicle depreciation profile to reduce the monthly rental.- Full operational control of the vehicle retained by customer
- Capital cost of vehicle is spread – assisting cash flow
- Majority of the economic benefit of the vehicle at the contract end is retained by the customer
- Fixed monthly cost budgeting
- Flexible profile and terms
Whilst ownership will always remain with runyourfleet, you will have full operational control over the vehicles and their disposals.
Contract Purchase
Contract Purchase finance (often referred to as hire purchase) gives you the option of keeping the vehicle at the end of the contract by paying a final balloon payment.- Improves cash flow with initial low outlay followed by fixed monthly payments
- Own a vehicle by making a final optional ‘balloon’ payment
- Customers can benefit from outsourcing the maintenance and disposal risk to runyourfleet
This is the ideal solution for companies that are unable to take advantage of VAT benefits of Contract Hire.
Sale & Leaseback
If you currently own your vehicles outright, runyourfleet can purchase your fleet from you and lease the vehicles back to you. A Sale and Leaseback agreement can offer you immediate financial and operational benefits by transferring your vehicles into a funding arrangement. It is a tried and tested way to release capital for use where you need it most in your business and improve cash flow through fixed cost budgeting.- Immediate cash injection
- Fixed monthly payments
- Reduced administration
Vehicles are usually purchased at their prevailing market value or the written down value in your business books and leased back for the remainder of their normal replacement cycle.
Employee Schemes
Talk to us about salary sacrifice schemes and employee car ownership schemes.More questions?
Fill in our enquiry form and someone from runyourfleet will contact you.
vehicle rental was not what I would expect from RYF, but first use, and BOOM. great friendly service, delivery the afternoon I placed the order, and courtesy follow up afterwards. could not have been smoother! will be my first call moving forwards!
Anonymous
Very satisfied with our switch to RYF four years ago. An efficient company backed up by an equally efficient service from the AA. User friendly website for self management online but always available on the phone or email for rapid customer service if required. We have a small fleet but would think that the benefits for a much larger fleet would be very attractive.
Anonymous
Run Your Fleet have played a key role for our company Halesowen Self Drive three years running. with the AA on board too, its a great fit when it comes to supporting my customer if they ever need assistance with rapid response times. The main feature is Run Your Fleet portal system. Here you can add and take off vehicles also upgrade or degrade your level of recovery assistance with out the need to call them. it all works on a monthly basis which is handy if you have a fleet that's rotating often. you can also check back on any vehicle breakdown history which is all logged for records. If you have a fleet of vehicles, Run Your Fleet for us, is priority in maintaining our high level of service.
Anonymous
Called at 4.45pm and they arrived at 5.15pm car sorted by 5.30pm great service.
Anonymous
The staff at Run Your Fleet provide us with a consistent and helpful service with all aspects of running our company vehicles, they are always willing to help. Currently we utilize the online dashboard facilities which is a fantastic way of managing my vehicles and allows me to add vehicles to our account trouble free.
Their rental service is superb, availability and pricing along with our account facilities have helped us on a number of occasions we have been in need of a vehicle at short notice. Overall, we have found our experience with Run Your Fleet a very happy and beneficial one.
Anonymous
runyourfleet is a trading name of Multifleet Vehicle Management Ltd, part of the Forward Group PLC’s portfolio of businesses – a UK based private equity fund. It is this purchasing scale that enables us to deliver a significant range of benefits to fleets of all sizes through the runyourfleet brand.