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Sale & Leaseback

Sale & Leaseback

Our sale and leaseback product is designed to release the cash value of your fleet, and release you from the day to day burden of its administration. We’ll purchase your existing, owned fleet from you, and then lease them back at an agreed monthly rate. We will own the vehicles for the remainder of the contract and bear the responsibility for depreciation, disposal, vehicle excess duty and administration.

Whilst contract hire is the most popular form of funding a sale and leaseback, we can offer a variety of other funding methods.

Sale and leaseback can provide a useful interim stage if you want to switch between owning and managing your own fleet to a fully managed solution with Leasedrive. We can take away the hassles of running your own fleet immediately, rather than you having to wait for normal replacement cycles.

There are a number of other optional services that can be provided by Leasedrive for your vehicles including:

  • Fleet management
  • 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.

  • Using our funding releases working capital for you and improves liquidity
  • The administrative burden of operating your fleet passes to Leasedrive, freeing up valuable management time
  • Professional advice on all fleet related issues, the option of risk-free maintenance and access to a comprehensive service package
  • Depreciation and running cost risks removed once we assume ownership of your fleet
  • Transparent costs for the duration of the contract, allowing you to budget accurately and improve your cash flow

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 fleet and driver management 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.