LeasePlan UK and Northgate Vehicle Hire have signed a contract,
under the terms of which Northgate will provide medium-term leasing
of light commercial vehicles (LCVs) to LeasePlan’s customers,
through its FlexiVan rental product.
The contract renews an existing agreement which has run for the
past 20 months, and sees LeasePlan and Northgate extending their
partnership until the end of 2009.
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Just over a quarter (34,000 units) of LeasePlan’s 130,000-strong
fleet is made up of commercial vehicles, which the lessor sees as a
“major business opportunity” in the context of a slowing economy.
“As a result, it has reappointed Northgate Vehicle Hire, which
operates a fleet of more than 68,500 vehicles, as its preferred
light commercial vehicle daily rental supplier, which now also
includes spot hire as well as longer term hire,” Northgate
said.
FlexiVan allows customers to hire vans ranging in size from
“car-derived vans through to panel vans, Lutons and specialist
units”, according to Northgate.
Sarah Easton, head of product development at LeasePlan said:
“Having access to a wide range of good quality LCVs can mean a
vital competitive edge in a number of industries. Ensuring those
vehicles are available in a flexible way means we are able to add a
great deal of value for our clients.
“The LCV side of our business has been one of the success
stories in the company over recent years.”
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By GlobalDataPhil Moorhouse, managing director of Northgate Vehicle Hire,
said: “As the UK’s largest and most experienced light commercial
vehicle specialist, we have proved to LeasePlan that we can provide
a dedicated bespoke service to meet the requirements of its
customers.”
Motor Finance Issue: 45 – July 08
Published for the web: August 1 08 12:41
