Beat the Slowdown
As the affects of the credit crunch continue to bite with banks lending less money and the economy slowing, the costs and risks of running a fleet are under ever-increasing scrutiny.
At a time of increasing economic uncertainty, planning how you acquire and manage your fleet becomes a more difficult proposition especially if costs are rising faster than revenues and residual values are falling faster than the rate vehicels are being depreciated.
In this type of environment, it pays to become more flexible and owning a fleet is one risk you just don't have to take. NORFLEX ® our flexible rental product will provide your business with a risk-free alternative to the more traditional forms of vehicle ownership.
NORFLEX ® offers customers:
Flexible Fleet Hire - Think of having contract hire without the restrictions of a contract! With NORFLEX ® you can add to, change or reduce your fleet at anytime without no additional mileage charges or early termination fees that you would receive from contract hire.
Certainty - Maintaining and servicing your fleet, having to deal with breakdowns and undertaking major repairs can be a major unknown cost your business. Replace this uncertainty with the certainty of NORFLEX ® where servicing, maintenance and breakdown cover are all included within your weekly rate.
New Vehicles - Often, economic slowdown means that companies put a hold on capital expenditure which invariably results in them extending fleet replacement cycles. Such a move can be a false economy as these aged vehicles become more expensive to operate with higher running and maintenance costs. With NORFLEX ® you can replace your ageing fleet with new, more efficient vehicles without having to make any capital outlay or long-term financial commitment.
Fuel Efficiency - Rising fuel costs and pressures to reduce Co2 emissions means it's now even more important to have an efficient fleet of vehicles. Northgate is continually being updated with the latest range of vehicle models from a range of manufacturers. We work with customers and provide solutions to lower emission levels, reduce carbon footprint, improve productivity and ensure vans are equipped with the very latest safety features. All Northgate's vehicles are serviced and maintained in accordance with schedules laid down by manufacturers through our national network of 60 workshops.
In a slowing economy businesses are less likely to either buy or enter into fixed, long-term contracts. Therefore, NORFLEX ® is more beneficial to companies needing to reduce their exposure to any possible economic downturn.
If a company already owns a fleet, Northgate can offer a sale and rentback arrangement, whereby companies can benefit from receiving an initial cash injection from selling their vehicles and move to the flexibility of rental.
For further information, contact us
