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ARI funding solutions axe mileage limits and damage charges

ARI Fleet UK has launched new funding solutions that enable customers to lease vehicles with no mileage limits, or end-of-life damage charges.

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The new funding solutions come with no mileage or damage costs

The additional solutions, which cover both cars and vans, are intended to provide fleets with increased transparency and cost control, disrupting the current practices within the sector.

Rory Mackinnon, head of asset funding at ARI Fleet UK, commented: “Our innovative new finance solutions offer fixed monthly costs, which cover the vehicle rental and there are no mileage or damage costs. For fleet managers that want a full maintenance package, we offer a ‘pay as you go’ solution, which we deliver for tens of thousands of vehicles in the UK. We manage every penny of expenditure.

“Fleet managers no longer have to worry about fluctuating mileage, or excessive wear and tear, as these are taken into account at the start of the lease, when the residual value is agreed with the lessor.

“Then throughout the entire vehicle’s life, ARI controls spend and provides visibility through its in-house fleet management services including SMR, accident management and driver risk management, to provide complete control and transparency. Then at the end of the finance contract, lessors will receive 100% profit from the sale of the vehicle.

“Customers can now choose from a complete suite of funding options including finance lease, contract hire, solutions for outright purchase and hire purchase, which allow customers to maximise their return, minimise any risk associated and retain all the rewards.”

The new funding options will be a main highlight of ARI Fleet UK’s stand at the CV Show next month, along with its fleet management solutions.

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Written by Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.

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