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Contract Purchase

Contract Purchase is a popular alternative to contract hire, providing many of the same benefits, but giving you the option to buy the vehicle at the end of the contract.

Vehicles are provided through fixed monthly instalments over a defined period and mileage, with a final balloon payment. We take the residual risk leaving you with two options at the contract end:

Purchase the vehicle by making the final balloon payment, or
Return the vehicle and receive a guaranteed residual value payment, which can be used to offset against the final balloon payment.

Contract Purchase may be a suitable option for those companies who are fully or partially VAT exempt. It can be combined with a number of other optional services provided by Leasedrive such as:

Car policy management
Driver outsourcing
Short and mid-term hire
Accident management
Fuel card management

Our Approach

You’ll notice something different working with Leasedrive. We are the UK’s leading independent fleet services provider, exclusively focused on the fleet market. We are 'fleet people' - from the executive leadership team through to our customer service and operations functions - and experts in our field.

But more than that, you and your drivers will benefit from the highest quality service experience from an organisation that prides itself on its reputation for customer service. In a recent survey (2011) over 97% of drivers stated that they were highly satisfied or satisfied with the service received from Leasedrive.

We provide a key support service to the human resources and benefits community, aiding employee retention and recruitment through the design and delivery of a first class car benefit solution.

Reduced financial risk – we take the depreciation and operating risks on your behalf
Reduced administration – let us manage the day to day administration of your fleet, leaving you to focus on your core business
Simple end of contract process – we will manage the re-ordering of the replacement vehicle with you or directly with your driver, and simply collect the return vehicle as the new one is delivered
Fixed or “pay on use” maintenance – benefit from our nationwide service and repair network and cost-efficient processing, whether on a fixed cost basis, or at your risk
Roadside assistance service – looking after your drivers in the event of breakdown
Various payment profiles – flexibility to meet your needs
Vehicles shown as assets on your balance sheet – allowing you to claim capital allowances

Drive:Manager™
Overview

Arrange a
Demo

Managing your fleet couldn’t be easier. As a Leasedrive customer you will be provided with a customised version of Drive:Manager™, our multi-award winning online quote to order system.

Drive:Manager™ is a comprehensive yet simple to use web-based system offering all-round operational efficiencies and covering all key areas of fleet management. You and your drivers (if required) can obtain quotes and order new vehicles, and track progress through production and delivery.

Once the vehicle is on the road routine servicing, maintenance and repair work can all be booked and authorised online. Meanwhile, you can make the most informed decisions, based on the best available and clearest management information.