Fleet Hire boss urges Chancellor not to tamper with salary sacrifice for cars More
If you already own your vehicles this is an ideal way of releasing the value tied up within your fleet. Fleet Hire can purchase your fleet from you and lease the vehicles back to you, removing the risk in disposal costs.
Vehicles are usually purchased at their prevailing market value or the written down value in your business books and leased back for the unexpired term of their normal replacement cycle. Add-on services such as maintenance or accident management can also be provided on a fixed monthly cost basis.