GLASGOW headquartered fleet management company, Fleet Alliance, is planning an expansion of its Appointed Representative (AR) programme.
The largest fleet and leasing broker in the UK says it wants to meet the expected increase in demand for company car electric vehicles (EVs) following the April changes to benefit in kind taxation.
A recent survey by Survation for the business campaign group London First found that 30% of companies with fleet vehicles had begun using EVs already, while 46% had active plans to make the transition and a further 16% had begun to discuss moving company policy to EVs.
With 37,000 vehicles already under management, and an established AR programme that was first to market in 2002, award-winning Fleet Alliance says market conditions are right for further expansion and to engage with brokers and brokerages that wanted to become consultative Fleet Alliance ARs.
Martin Brown, managing director of Fleet Alliance, commented:
We have seen a big upswing in interest from companies wanting to switch back into company cars following April’s reconsideration of company car tax. These changes, with their generous driver taxation allowances for choosing electric cars, mean we need to strengthen our AR consultant base and capitalise on our already extensive expertise in electric vehicles.
“While the last five years have seen a relentless increase in personal leasing demand, we firmly believe that this will change over the next few years as the benefits of business contract hire, coupled with zero emission vehicles, comes sharply back into focus.”
Brokers that join the AR programme will benefit from Fleet Alliance’s access to unrivalled purchasing power based on a fleet size of 37,000 vehicles with a value of over £1billion.
As well as this Fleet Alliance offers a sophisticated IT system to support the AR network in its day-to-day operations and its cloud-based e-fleet platform that can support both large and small fleet customers.
Laura Muir, partner development manager at Fleet Alliance (pictured left), added:
“Our AR partners enjoy the support of an extensive and highly motivated back-office team who have a proven track record of award-winning customer service, as well as access to our extensive panel of funders and our e-fleet fleet management platform.
“We want to engage with experienced brokers who want to benefit from being part of the Fleet Alliance brand, as well as attract established leasing broker firms that are finding the requirements of FCA compliance, and the need for better IT technology, becoming excessively demanding.”
Fleet Alliance said it expected to see its AR representation – already the largest in the market – boosted by 25% as a result of its recruitment push.
Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.