Shift to contact hire to cut Cape Plc van costs
Energy services company Cape Plc is to see significant savings after switching to the majority of its van fleet from daily rental to contract hire.
Under a new three-year deal with ALD Automotive, the firm is moving approximately 75% of its 400-strong LCV fleet to a contract hire solution, whilst at the same time renewing ALD’s position as sole supplier for the company’s 200 company cars.
In partnership with Cape, ALD conducted a comprehensive review of the fleet policy on LCVs with the change to contract hire expected to cut costs by around 30%.
However, Matthew Hammond, UK fleet & transport manager for Cape, said the business is also benefiting from enhanced service and support, adding: “Since the beginning I have felt ALD fully understood my aim. They provided the support, advice and suggestions to help us successfully achieve the results required – it was refreshing to feel everyone concerned felt involved and working together.”
The deal will also see ALD provide its ProFleet telematics solution for Cape’s company cars as well as a Personal Contract Hire (PCH) offering to support Cape’s 85-100 cash takers.