Companies missing out on thousands of £££s when selling ex-company vehicles

I can advise you on how to get the best price when you dispose of company cars

Many fleets are missing huge opportunities to maximise the residual values on their old company vehicles by not seeking help from professional re-marketing companies. The net effect of disposing of vehicles using a professional management programme can literally mean over £500 per vehicle.

There are many routes to market for used vehicles with varying levels of sales values and risk exposure to the seller. You should carefully consider all of these options in order to maximise your results.

You could consider the following routes to market:

• Part exchange to new car dealers – fast but low value, and no liability on condition.
• Sales to traders – slower and low value, but no liability on condition.
• Sales to driver’s family – slower, higher value but your company is liable for the vehicle condition.
• Sales to the public via internet – slower, higher value but again, your company is liable for vehicle condition and the sales can be time-consuming.
• Sales at car auctions – fast, opportunities for far higher values, with no liability on condition.

At UK Fleet Manager we offer a full auction management programme which ensures vehicles are correctly marketed, presented and offered at the optimum auction location, with results far exceeding dealer part-exchange or trader purchases. Your vehicles can be collected at short notice from any location and are fully insured during the process.

Call me now for individual valuations on your vehicles, or for further advice on sales programmes.

Mark James

01527 910999

Mark.james@ukfleetmanager.co.uk

Check your drivers’ licences or face a large fine

Statistics highlight that over 8 million UK drivers have 3 or more points on their licences. The authorities will check the licence of any driver who is involved in a serious or fatal road traffic accident.

If you don’t regularly check or verify your employees’ driving licences you are failing in your corporate duty of care under the Health and Safety at Work Act. Your company risks unlimited fines if your drivers are found to be on the road without a valid licence, or are ineligible to drive the vehicle in their control.

Employee driver checks should be an essential part of your risk assessment policy. Driving licence verification using the DVLA data should be undertaken on an annual basis.

These are 5 of some of the most important things you should be checking:

1. Do you take both paper and plastic copies of the DVLA licence for each driver every year?
2. Is the licence registered at the correct home address?
3. Does their licence category allow them to drive or tow with your vehicle?
4. How many penalty points are on their licence and do you assess higher risk drivers with 6 or more points?
5. Has the driver ever been banned previously and what was the reason.

At UK Fleet Manager we offer an online service direct with the DVLA to ensure your business is compliant and up to date with the latest driver data. Contact me if we can make a BIG difference to your company.

Mark James

o1527 910999

Mark.james@ukfleetmanager.co.uk