IS financing your SME company car fleet something of a pet hate for you?
Does deciding whether the cars should be purchased, leased or a combination of the two give you paws for concern?
Pets at Home has reduced its acquisition costs by a typical 14.7%
Pets at Home has managed to kennel any doubts it had by showing a saving on its company car fleet of nearly 15 per cent after using business car leasing.
The company, which now has 352 stores, has just re-selected Fleet Alliance to help manage its growing fleet of more than 240 vehicles.
Most of the cars are premium grade – many coming from companies like Audi, BMW, Mercedes and Volkswagen – because of the high mileage done by many of the company’s employees.
A lot of the vehicles, particularly those driven by area managers visiting numerous stores each day, can clock up more than 100,000 miles over the three years of their business car lease contracts.
New vehicles are sourced through a combination of Fleet Alliance’s competitive tendering solution, employing a panel of major leasing companies, and the special terms that Pets at Home has negotiated with supplying dealers.
The result has been the company successfully reducing acquisition costs by a typical 14.7% over the last 12 months.
All of the company car fleet is recorded electronically by Fleet Alliance on its state-of-the art online e-fleet management system. It also looks after day-to-day fleet administration including invoice consolidation, licence checking, insurance updates, servicing and MOT reminders.
Simon McKee, travel and fleet manager at Pets at Home, said: “Fleet Alliance’s first rate service levels and their ability to reduce acquisition costs have been major factors in our decision.
“The new e-fleet app for drivers which Fleet Alliance launched recently will improve the effectiveness of the e-fleet platform and support me further by providing a more effective interface with drivers on an individual basis.