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We all plan on buying ourselves the car of our dreams and it usually happens at a certain stage of our life. Of course we deserve it, since we have strived hard to earn a decent income till we are in a position where we think we can afford it. However, with the current soaring high costs of living it is not always possible to buy that car with a one off ‘cash’ payment. To handle this situation rather efficiently you have a plethora of financial institutions to choose from as there is an influx of many such companies who provide you with attractive loan offers. You can do thorough research on them from their rather informative websites online, but the process does not just end with choosing the right financing organisation, this is where the real work starts, – the actual question of what types of loans and the payment options that you need to finalise upon.

Amongst these, the most reputed and graded institutions provide you with support from their financial advisors. These loan advisers should be key to you obtaining the perfect loan type that matches your unique financial needs. However these advisers are professionals who work to earn commissions based upon you taking their advice. As with so many markets these days the modern consumer would prefer to source independent advice on-line, and that’s where carloanadviser.co.uk can make all the difference. This website can save a lot of your time and energy and even prove to be the ultimate salvation for many people who just don’t understand the intricacies of Dealer Finance.

Car Loan Adviser displays this information for you in a way so that it is easy to understand the differences of your financial options and future requirements, and ultimately what type of loan suits your needs best. The information pages explain all the different methods available and make comparisons on the savings that can be made over each option when Dealer Finance is taken into consideration. These days the procedures are made even simpler with the advent of the internet and the use of the Car Loan Calculator.

Once you decide on taking advantage of Dealer Finance you can choose your car and have the dealership take care of the rest. The dealer can facilitate the application process and they liaise directly with the funder – once everything is approved you can be driving away in your new car in minutes.

Often the demands placed on a Fleet Manager, HR Manager or Company Director by the various aspects of managing a car or vehicle fleet day today are extremely high. It is very time consuming and it is often a better option to engage the services of a Fleet Management company who can ease that burden and save you both time and money.

In a series of articles concerned with “fleet management”, we have already looked at various aspects of managing and maintaining your fleet. Now its time to consider the various aspects of “fleet funding”.

There are many ways that fleet manager’s can fund the purchase and running of their car and vehicle fleets. Your fleet management consultant will be able to advise on the many options available and suggest the most appropriate option for your fleet. Fleet funding part one looks at funding your fleet via “Contract Hire”.

Fleet Funding: Contract Hire.

However it is referred to – contract hire, an operating lease or long term rental – contract hire is one of the most popular and widespread methods of fuding for vehicle fleets in the UK.

As a business you, simply, select your preferred vehicle and choose to hire it for a predetermined period and mileage in return for a fixed monthly rental. Ownership, together with all the risks, rewards and associated responsibilities of vehicle ownership is retained by the fleet management company with the monthly fee covering depreciation, funding and administration costs. Generally, the rental will include optional services such as servicing and maintenance and accident management, etc. The hirer, therefore, is paying for the use of the vehicle and is buying a ‘service’ rather than just a ‘vehicle’.

- Low initial payment
- Regular fixed monthly rentals
- No risk to lessee of depreciation or running costs
- Transparent costs to ease budgeting
- Economies of scale delivered by Brofleet Automotive
- Administrative cost savings and efficiencies

For further information on contract hire and other methods of fleet funding, please call our fleet funding department FREE on 0800 612 4094 or vist the Brofleet Vehicle and Fleet Management website.

More about Fleet Management

Fleet management is the management of a company’s vehicle fleet. Fleet management includes commercial motor vehicles such as cars, vans and trucks and can include a range of functions, such as vehicle financing, vehicle maintenance, vehicle telematics (tracking and diagnostics), driver management, fuel management and health & safety management. Fleet Management is a function which allows companies which rely on transportation in their business to remove or minimise the risks associated with vehicle investment, improving efficiency, productivity and reducing their overall transportation costs, providing 100% compliance with government legislation (duty of care) and many more. These functions can be dealt with by either an in-house fleet-management department or an outsourced fleet-management provider.

C.R.M is the short for Customer Relationship Management it is a software that posses the quintessential capabilities for an automotive dealership to maintain a good relationship with their existing or new customers. In a nut shell the CRM is designed to sort, filter, and management customer’s information in an effective way. It has some eerie resemblance to a well known software everyone uses on a daily basis called “Micro Soft Outlook”.

There are some key differences between a CRM and a DMS, don’t get caught up in the big words. A DMS system or Dealer Management Software should have a build in CRM capabilities, and in addition some functionalities a CRM can not offer. But today we are going to focus solely on the CRM aspect of the technology.

Continue reading ‘What is a CRM in the automotive industry?’ »