End your contract on a high

Covase have introduced a unique new profit share scheme whereby end of contract vehicles can be sold on behalf of the customer and where this results in a profit, it will be shared with the client.

Historically the finance company have always been involved in the sale of end of contract vehicles, retaining any profit made, but from now on Covase will give their customers the unique opportunity to benefit from any potential profit left in their end of contract vehicles.  When coming to the end of the contract, many customers are thinking about the new vehicle they will purchase when they hand back the car or commercial vehicle they have previously financed.  The team at Covase all have specialist motor industry knowledge and and a wealth of contacts to enable them to obtain the best price for what would be a lost opportunity under normal circumstances. 

“I have never previously been given the chance to make money from vehicles at the end of the lease – Using Covase has made this possible”
Andy Hill, General Manager – King Of Shaves

The team at Covase has over 30 years experience of managing large fleets, sourcing and supplying vehicles and providing customers with a buying experience that they return to time after time. Covase can boast a loyal, knowledgeable team with customer service, and retention as its priority. The team at Covase has delivered 1000's of contract hire, lease hire and personal contract hire vehicles to their customers.  With the added bonus of enabling clients to share in the profit from end of contract vehicles, the buying experience just got easier.


http://www.carcontracthireonline.co.uk

For further details please contact Jane Peters on 0845 369 7107 or
jane.peters@covase.co.uk

Pangbourne Based Contract Hire Business Discover New Ways to Add Value

Covase, based in Upper Basildon, Pangbourne have introduced a unique new profit share scheme whereby vehicles leased on contract hire can be sold on behalf of the customer at the end of the contract and where this results in a profit, it will be shared with the client.

Historically the finance company have always been involved in the sale of end of contract vehicles, retaining any profit made, but from now on Covase will give their customers the unique opportunity to benefit from any potential profit left in their end of contract vehicles.  When coming to the end of the contract, many customers are thinking about the new vehicle they will purchase when they hand back the car or commercial vehicle they have previously financed.  The team at Covase all have specialist motor industry knowledge and a wealth of contacts to enable them to obtain the best price for what would be a lost opportunity under normal circumstances. 

“Making money from your fleet of vehicles would not normally be an option. With our profit sharing scheme we feel that it would be extremely financially beneficial to clients both new and existing to take advantage of this unique opportunity.”
Simon Homer, Managing Director Covase

The team at Covase has over 30 years experience of managing large fleets, sourcing and supplying vehicles and providing customers with a buying experience that they return to time after time. Covase can boast a loyal, knowledgeable team with customer service, and retention as its priority. The team at Covase has delivered 1000's of contract hire, lease hire and personal contract hire vehicles to their customers.  With the added bonus of enabling clients to share in the profit from end of contract vehicles, the buying experience just got easier.

For all queries please call Simon Homer on 0845 369 7101 or email simon.homer@covase.co.uk

www.covase.co.uk

Another Giant Leap for Covase 
                      

Covase, the fleet management and vehicle leasing solutions company, has recently acquired a new member of the commercial vehicle division.  Direct from UK Vehicle Contracts, Peter Haines has over 20 years experience of working within the fleet market.  Coming from a mainly dealership background, he is well suited to handling fleets for the UK commercial vehicle market. Peter will be a great asset to the existing team at Covase who have just celebrated their first year in business.

Covase has already taken the fleet market by storm by introducing new products and services to their already winning portfolio.  Most recently they were featured within Auto-Express with the industry first profit share scheme that has enabled fleet customers to profit from their end of contract vehicles. This unique development has carved out a role for Covase within the fleet management market as having a significantly fresh approach to contract hire and leasing.

Simon Homer, Managing Director at Covase comments,

“We are a young team who are ready to develop brand new opportunities and with a wealth of experience in fleet management behind us we can ensure our customers both new and existing are getting a breath of fresh air when it comes to handling their company vehicle requirements.”

For a company who have only been trading for a year their client list is already impressive, King of Shaves as seen on television during the World Cup coverage featuring John Terry – the possibly soon to be Captain of England and by coincidence the Management of a premiership football club also lease their vehicles from Covase.

For further information please call Jane Peters on 0845 369 7100 or email info@covase.co.uk.  Please visit our website at www.covase.co.uk

12 December 2006

Covase Add Lombard and Automotive Leasing to an Impressive List of Funders



Fleet Management specialist Covase has recently joined forces with Automotive Leasing and Lombard, further widening the lending capacity this fast moving organisation has access to in a rapidly expanding portfolio of high profile lenders.  The team at Covase already have strong links with a number of major players in the market giving them the edge when planning finance for their growing client base.

“Offering clients a wide range of top line funders is key to the success of our business.  This enables us to offer a completely bespoke service to our clients giving them the peace of mind that their needs and the needs of their employees are fully catered for.  Both Automotive Leasing and Lombard successfully combine the best elements of a large organisation with the most positive aspects of a small business which in turn we can pass on to our clients.”
Simon Homer, Covase, www.carcontracthireonline.co.uk

Since starting out Covase has rapidly become a key player within the vehicle leasing market and continues to grow taking on new fleets all the time.  With the support of Automotive Leasing and Lombard this growth looks set to continue.

Contact:
Jane Peters or Simon Homer
0845 369 7100
jane.peters@covase.co.uk
Simon.homer@covase.co.uk
www.carcontracthireonline.co.uk

Employers face liability for not preventing employee’s making illegal mobile phone calls whilst driving

Under new mobile phone laws, employers could be liable for fines if their employees are caught using mobiles illegally whilst driving on company business.  Nearly one in four could be liable for prosecution if their employees use a mobile phone for work-related calls while driving. Department of Transport guidelines state that employers could be liable if they require employees to use a hand-held phone while driving or if they fail to forbid employees to use company phones during business hours.

Contract hire and fleet management specialist, Covase, has come up with a simple solution to customers wishing to provide the answer to this very common problem.  All existing customers have been offered a hands free car kit with their next order which means when a new member of staff is recruited they can get a car kit delivered with their new car or van and avoid making illegal and potentially dangerous telephone calls.

“Business owners may not be aware that illegal mobile phone use by employees could result in the company being held responsible for illegal phone use whilst driving.  Covase has introduced the hands free kit programme to enable our existing customers to be fully legal and driving safely at all times.”

Simon Homer, Managing Director Covase

The new laws affect all drivers but in particular, drivers of company vehicles spend a great deal of time on the road calling clients, the office, and suppliers. Using a mobile is an essential daily action for most company vehicle users.  The purchase of a new car or van for use by an employee will nearly always result in the supply of a mobile phone for company use and with that comes the need for an in car hands free kit to enable the employee to drive safely at all times.  Covase has developed a helpful way to make this process a little simpler for business owners who run fleets.  It also takes the worry away from companies who could be liable for fines and ensure their drivers are being responsible whilst representing the company.

For more information please call Covase on 0845 369 7100 or email info@covase.co.uk

www.carcontracthireonline.co.uk



Manage Large Purchases for Your Business Using Asset Finance

Asset finance is a specialist way of funding large business purchases such as plant machinery, computer equipment or anything else that is essential to the smooth running of a successful organisation.  Traditional routes such as the bank or building society can be limited as there are no additional options such as lease, contract hire, or operating lease that can be taken advantage of.  So, when looking to spread the cost of an important business purchase, look at asset finance to find out how this specialist finance option can benefit a growing business.

“With the backing of Lombard who is part of The Royal Bank of Scotland Group, Covase is supported by the leading supplier of asset finance in the UK.  With this in mind any business can confidently purchase the essential tools to do the job, safe in the knowledge that the finance is tailored to their needs” Andy Jackson, Covase

The Obvious Advantages of Asset Finance

Asset finance can set a business free from cashflow worries when it comes to upgrading essential equipment. A finance plan can be tailored to the needs of any business making the purchasing decision an easier one. 

For further information please call Andy Jackson on 0845 369 7100 or email andy.jackson@covase.co.uk.