All articles by Verdict Staff

Verdict Staff

Features

Graham hill: The Arranger

My query was over contracts that appear to charge penalties for over-mileage and less than reasonable condition when vehicles are returned, without allowance for vehicles that are returned with less mileage than contracted or better condition than reasonable for the age and mileage. With reference to sections 1 and 2 of the article (If the contract mileage is not exceeded there is no breach of the agreement; the terms of the finance agreement do need to provide for payment of an excess mileage charge if the vehicle is returned early), I am still confused.

Features

Tony Worthy: Motor month

The new car market in February rose 26.4% to 68,686 units, paving the way for the March plate-change this month

Features

Motor spy

The annual BVRLA dinner, held at the Hilton Park Lane, was a cheery event this year Guest numbers were up by a third on 2009, with 800 attendees, showing that a measure of confidence has returned to the fleet rental and leasing sector. After-dinner speaker Michael Portillo certainly earned his fee, with the right mix of humour, self-deprecation and anecdote, without too much party political campaigning.

In brief

RCI Financial Services has announced that fleet management and leasing company Arval has won a tender to become its outsource partner in the provision of contract hire services to the Renault and Nissan franchised dealer network

On the move

Close Motor Finance has set up a new division to focus on partnerships with larger dealer groups and manufacturers, called Key Accounts (see Up close and personal for more). The lender has announced a raft of new appointments to the Key Accounts team, which will be led by Chris Reid, as director

Software and systems update

GreenRoad said it has helped a major insulation products distributor to reduce vehicle accidents by 24 percent, and fuel consumption by almost 10 percent.

Fleet deals

Fleet company Tusker has signed a deal with North Yorkshire County Council to provide a salary sacrifice scheme, which will be open initially to 30,000 employees.

Fleet Deals

Arnold Clark Finance, LeasePlan and Lex Autolease have won places on a £100 million car lease framework agreement issued by the Common Services Agency, based in Edinburgh. The agreement covers the leasing of an unlimited range of cars and associated services in terms of servicing, maintenance, roadside support and repair of the vehicles during the term of each lease, and may be used by all NHS Scotland Health Boards and Special Boards, and by Aberdeenshire Council.

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Tony Worthy: Motor Month

New car registrations rose by 38.9 percent in December 2009 to 150,936 units Since its introduction, the scrappage scheme has accounted for over a fifth of all new car registrations and is estimated to represent 20.8 percent of the December market.

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Across the pond

Auto Finances Forecast Winter 2009 has good news and bad news for the coming 12 months.