Tuesday November 3 2009. Fleets reassured by BVRLA
Following some high-profile reductions by finance providers in the broker market, the British Vehicle Rental and Leasing Association BVRLA, is moving towards reassuring fleets that the market is not about to disappear.
Members of the BVRLA's leasing broker committee say they remain committed, despite Lex Autolease' decision earlier this year to reduce its broker business, and more latterly, the closure of Lombard Vehicle Finance' broker operation.
Jo Elms, Brand Director at LeasePlan's Network small business division commented: "Introducer-based business is a key part of our product mix. We intent to significantly grow our volumes in this area in 2010, but we will use fewer brokers and will deliver higher levels of customer service."
Head of SME divisions at Arval, Mike Curtis, has echoed this view saying: "We are keen to support brokers who offer a relationship-based approach with their customers and provide efficient back-office processing and strong risk management."
Friday October 30 2009. Copart integrate with Dealer Services Corporation
Leading online vehicle auction company Copart, Inc. have integrated with a leading used-car financing company Dealer Services Corporation (DSC), giving their members access to more purchasing power and simplifying the financing process.
Copart's website allows members to select and pay for vehicles using their DSC account - and provides a link for members to create a DSC account even if they dont have one.
Copart sells a wide-range of vehicles on behalf of insurance companies, fleet operators, dealerships, finance companies and the general public. Jay Adair (President) comments: "Copart is always finding new ways to streamline the process for our members, so they can find the vehicles they need in our vast inventory of more than 50,000 vehicles each day and purchase them quickly and easily. By allowing our members direct access to DSC, we are simplifying the process for them so they can maximize their purchasing power."
