Perrys Motor Sales has launched a leasing service specialising in personal contract hire (PCH) and business contract hire for cars and commercial vehicles.
The offering aims to give customers greater choice and flexibility over their contract, appealing to self-employed people and small business owners at a time of ongoing economic uncertainty.
Go deeper with GlobalData
The online service will offer a range of vehicles from multiple manufacturers, with prices starting from £75 per month. Customers choose their vehicle, contract type, term, mileage and initial payment online, before having their finance application approved. Once approved, a processing fee over £198 will be charged and the vehicle will be delivered to the customer’s address. At the end of the agreement the vehicle is returned to the finance provider.
The company said the launch of Perrys Leasing comes in response to the “seismic shift of millennials preferring to rent rather than buy products and services as they seek to maximise value for money”.
“We are committed to moving with the times to ensure that our business responds to ever-changing customer demands,” said Denise Millard, company director at Perrys. “We have therefore listened to our customers and given them what they want by launching this new leasing service.
“Traditionally, leasing brokers have dominated this market, but in recent years the number of brokers has lessened as regulatory burdens have tightened. We see this as a great opportunity as Perrys can leverage a wide range of competitively priced vehicles thanks to our existing supplier relationships with the manufacturers.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData“We hope that our customers – from the public through to business owners with small fleets – truly feel the benefit of this new offering.”
Established in 1908, Perrys has over 50 branches in the UK. The firm is an official franchised dealer for many car and commercial vehicle brands, including Ford, Kia, Mazda and Vauxhall.
