As a UK leader in commercial vehicle contract hire, we offer an industry-best contract hire product, with or without maintenance, built on an unrivaled understanding of the commercial vehicle sector. Our commercial vehicle contract hire solutions cover the smallest single truck to the fleet requirements of the UK’s largest logistics providers.
An Asset Alliance Group contract hire agreement allows you to hire a vehicle from us for an agreed term, at a fixed monthly rate. We retain ownership of the vehicle, along with its basic maintenance needs and associated end-of-life value risks, then at the end of the contract period, you return the vehicle to us.
“Over the last 12 months we have seen how dedicated the team is at finding the most cost-effective option for our business on a contract hire basis. We were confident their expertise in the market would also get us the best purchase package and we’re very pleased with the result.”
Nick Lawrence, Dreams Fleet Controller, June 2018
“We’ve been working with Asset Alliance for around five years now. We’ve grown with them, and they’ve grown with us. They’re an honest company and they’ve always got our back. We greatly value their commitment to reliable, no-nonsense and expedient customer service.”
NV Transport Managing Director, Steven Zwinkels, March 2018
CONTRACT HIRE BENEFITS
Commercial vehicle contract hire is ideal for those who need truck finance or HGV finance but do not want to carry the risk associated with maintenance and servicing costs, or predicting the residual value of their vehicles. The benefits of contract hire include:
- Pre-agreed funding line facilities
- Use of assets with low initial outlay and without tying up capital
- Asset leasing expedites tax-efficiency for most organisations
- Contract hire assets remain off balance sheet
- Fixed monthly payments (that are not RPI-linked) without any nasty surprises
- Accurate budgeting and forecasting
- Fixed price maintenance from approved engineers
FLEXIBLE FLEET MANAGEMENT UPGRADES
An Asset Alliance Group contract hire service can be upgraded to suit your needs and all optional upgrades can be discussed pre-contract. For example, our three main Service and Support Contracts include:
- Asset Alliance Group Repair and Maintenance
- Asset Alliance Group Compliance Management
- Asset Alliance Group In-Life Contract Care
WHY CHOOSE ASSET ALLIANCE GROUP FOR CONTRACT HIRE AND LEASING
As award-winning service and support specialists, we deliver three differentiating factors that help lower the costs of your operating lease:
- We source assets direct from manufacturers on large fleet terms for the best commercial vehicles deals
- We understand accurate residual value setting
- Our aim is to retain and utilise assets over their entire useful life. This allows us to reduce risk on residual values which enables further competitive advantage in our asset finance pricing
The Asset Alliance Group Fleet Management team has many years’ experience in the responsible management of truck and trailer fleets. All the features and benefits of our contract hire, finance lease and hire purchase options, as well as the potential refinancing of your existing leases and loans, can be discussed in more detail with your Account Manager.
Contact us now on 01902 625330 to find out how our dedicated teams can help meet your individual needs.
AWARD-WINNING COMMERCIAL VEHICLE FINANCE SERVICE
We are thrilled to have retained our title as Commercial Motor’s Finance Provider of the Year for our flexible approach to asset finance.
See our full range of asset finance and commercial vehicle leasing services
Our primary role at Asset Alliance Group is to help you select the best commercial vehicle finance option for your business – to optimise your profit & loss, balance sheet, cash flow, and tax management through the full range of options available to you.
A commercial vehicle finance lease differs from a commercial vehicle operating lease in many ways but remains a fixed term contract that allows you the benefit of an asset without ultimate ownership.
For companies that require a commercial vehicle contract hire arrangement, but with a more flexible period arrangement, we offer a FlexiHire solution – similar to our contract hire arrangements, but offered on a 12-month rolling contract.
Commercial vehicle hire purchase is instalment asset finance for those who ultimately wish to own the asset and assume all associated costs of maintaining the vehicle or trailer. It differs from a lease primarily in ownership but presents other accounting practices that may suit your business.
With almost 5,000 vehicles under our management, we are true commercial vehicle specialists, experts at servicing and maintaining trucks and trailers, tractor units and all types of commercial vehicles.
There are many circumstances when commercial vehicle rental makes sense for your business. It may support you when your vehicles are off the road for any unforeseen reason, or to increase your logistics capacity at peak periods.
As commercial vehicle contract hire specialists, we offer an industry-leading contract hire product with or without maintenance, built on an unrivaled understanding of the commercial vehicle sector. Our contract hire solutions range from the smallest new or used truck, to the fleet requirements of the UK’s largest logistics providers.
A TRUE ASSET MANAGEMENT SPECIALIST
We offer far more than lending and providing a full range of flexible asset finance packages. We also purchase, refinance and procure commercial vehicles for our clients. Depending on your needs, we are able to buy your assets outright or tailor business-specific monthly contracts.
This makes us true asset management specialists who respond to both the “in-life” and “end-of-life” aspects of your assets. We protect our clients and support your interests by maximising residual values which translates to reduced costs below competitor rates.