ALD Automotive has seen a hike in the demand
of its short-tem leasing offering recently – reflecting an
expansion of short-term deals across the sector, as reported
in the May issue of Motor
Finance.
The operational leasing and fleet management
business line of the Société Générale group said that
PoolFleet – its short-term, flexible leasing offering –
has increased from 650-700 ‘live’ car rentals at any time last year
to 900 vehicles in the first half of 2010.
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Typical contracts for nearly-new cars are six
months and12,000 miles, ALD Automotive said.
PoolFleet operations manager Adrian Temple
explained: “Corporate demand for vehicles on short-term contracts
is high as employment conditions are changing and businesses report
signs of recovery from recession.
“Meanwhile, a combination of circumstances
including long lead times for new models and a shortage of high
quality nearly-new vehicles means that dealers are prepared to pay
above guide prices for ex-PoolFleet cars to satisfy consumer
demand.”
To meet the increasing demand, the company is
also offering for the first time commercial vehicles on short-term
lease, with over 100 Volkswagen Caddy, Crafter and Transporter vans
joining the fleet in the coming weeks.
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