Products & Services

Managing a fleet has never been simple or inexpensive. Yet while cost control remains a critical element, operating a fleet or permitting people to drive for work purposes has never been more complex or as important to get right.

Fleet Complete is a full outsourcing solution where Insight manages and controls all aspects of your vehicle fleet including:

• Vehicle leasing and contract management
• Fleet administration
• Driver management
• Cash or Car guidance
• Fleet policy
• P46 and P11d
• Supplier sourcing and management
• Taxation advice
• Cost control and invoice accuracy
• Vehicle life cycle management

Managing Occupational Road Risk (MORR), or Managing Work-Related Road Safety (MWRRS) as it is sometimes called, is now one of the biggest issues facing businesses.

Businesses have an obligation to protect the welfare, health and safety of staff as well as the general public, whilst employees are driving at work - irrespective of who owns the vehicle or how many business miles are travelled.

Fleet Assured is a practical programme that cuts through much of the industry hype around what is required and gets to the core of what needs to be done, minimising cost exposure.

Fleet Assured significantly reduces corporate risk:

• Audit and management of risks
• Document checks - licences, maintenance, insurance
• Driver declarations
• Accident reviews
• Driver training

We understand that committing to long term leasing contracts is not appropriate for everybody's circumstances, Utilising a flexible shorter term option can save businesses £000’s in unnecessary leasing termination costs. Our Flexible Leasing product offers companies a low fixed cost alternative to our long term contract hire and short term rental offerings. Ideal for temporary staff, probationary periods, start up businesses, Pre-contract vehicles.

• Minimum period of 28 days
• Contracts include servicing and maintenance costs
• Delivery and collection included (additional charges may apply for some areas of Scotland & Wales)
• Variable contract lengths and mileage restrictions available

Access to over 150 branches in the UK and branches at all major airports; we can provide the car or commercial vehicle of your choice.

• Business hours delivery and collection included
• Specialist vehicles
• 3 working hours booking to delivery time (standard vehicles)
• P11d and management reporting

Our accident management service gives you and your drivers’ peace of mind that we’re only a phone call away 24 hours a day, 365 days a year, in the unfortunate event of an accident.

We assume total responsibility for managing the incident from the moment the driver contacts us through to the completion. By minimising downtime, avoiding unnecessary repairs and reducing associated costs our team of experts work to get your vehicle back on the road in the most cost effective way.

• End-to-end management
• Liaison with all parties (Insurance, Leasing Companies etc)
• Transparent cost summaries and management information
• Uninsured loss recovery (ULR)
• Third party claims management
• Replacement vehicles
  

A robust and well-constructed vehicle policy is the single, most important element of successfully overseeing and operating a vehicle fleet. Such documents demonstrate understanding and set out the expectations of all parties. Fleet Policy is equally about compliance as without this, any policy is rendered meaningless.

Working with your business, we take a consultative approach to help develop and evolve tailored documents that achieve your cultural and corporate objectives. They must uphold high standards of driving, health and safety, offer good management procedures; as well as ensure record keeping.

We offer a vehicle purchase service with fantastic savings on new and used cars. The volume of vehicles our group buys and the excellent partner relationships we have forged over many years results in exceptional pricing and service levels that are second to none.

Contract Hire enables you to enjoy the benefits of using a vehicle at a fixed cost and without the headaches and risks of ownership.

It is excellent for budgeting and minimising your financial exposure.

Since 1995 when changes were made to the way VAT was charged on cars used exclusively for business purposes, the significant VAT advantages have resulted in contract hire seeing consistent growth in popularity.

Contracts can be provided with or without an optional fixed cost maintenance package which typically covers all maintenance, servicing and repair including tyres, batteries and exhausts for the duration of the contract.

Contract Purchase is very similar to contract hire in that it provides fixed cost funding for your company vehicles. However, it is essentially a hire purchase agreement with a balloon payment (i.e. lump sum) at the end of the term.

The principal difference is in the treatment of VAT and corporation tax for higher value vehicles. This is treated in the same manner as if you were purchasing the vehicle under a conditional sale (or hire purchase) agreement.

There can be financial benefits by funding more expensive vehicles under a contract purchase arrangement and contracts can be provided with or without an optional fixed cost maintenance package which typically covers all maintenance, servicing and repair including tyres, batteries and exhausts for the duration of the contract.

A finance lease is a VAT-free method of financing a vehicle that is usually accessed by VAT-registered businesses and companies. It is offered to businesses where a moveable asset (the vehicle) is purchased from a supplier – your business can then use this asset while paying an effective rental rather than a repayment.

The monthly rental is determined by the initial cost of the vehicle, the period of the finance lease and the residual value – that is the estimated future value of the vehicle at the end of the finance lease period once depreciation is taken into account. As a residual value is used to calculate your monthly rental, most finance lease companies will insist that you stick to a strict mileage limit as this mileage restriction is used to determine the future value.

You have full use of the vehicle during the finance lease period. Although you never take ownership, at the end of the finance lease contract a payment equivalent to the residual value is payable. Usually this means that the vehicle is sold and a proportion of the proceeds of the sale are returned to the lessee. Alternatively you could choose to pay the entire cost of the vehicle (plus interest) in monthly instalments.

You often also have the option to extend the finance lease with a secondary rental.

With sale and leaseback, you can immediately free the capital tied up in your fleet. You get cash injected straight into your company's reserves.

Sale and leaseback benefits

• Increased company reserves - the cash released through our purchase goes directly into your business
• Fixed monthly payments - simplify your budgeting
• New for old option - at the end of the agreement, trade up to new vehicles through advantageous contract hire

We would purchase your existing vehicles, depending on book value and specific requirements. Then we would lease them back to you for an agreed term. Your business retains full use of the vehicles involved, but you will no longer have any of the concerns that come with ownership.

Similar to Hire Purchase but with a pre-agreed balloon payment. This is not optional as it is with Contract Purchase. At the end of the contract period the vehicle becomes your property. The monthly payment is determined by the amount of deposit paid, the amount of the balloon payment, the interest rate, the period of the contract, and the cost price of the vehicle.

Personal Contract Hire and Personal Contract Purchase PCP and PCH are where company car style funding reaches the private motorist.

Both schemes effectively make cars more affordable to the private motorist, by taking into account the future re-sale value of the vehicle when calculating the monthly re-payments. This means they operate like a contract purchase / contract hire agreement.

With PCP the driver has the option to purchase the car at the end of the agreement based on the pre-agreed forecast residual value. With PCH there is no automatic option to purchase.

Contracts can be provided with or without an optional fixed cost maintenance package which typically covers all maintenance, servicing and repair including tyres, batteries and exhausts for the duration of the contract.