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CLM launches dedicated Mini-lease website

CLM has launched a new dedicated website for its Mini-lease range of products following a surge in demand from corporate customers, both small and large.

CLM's dedicated Mini-lease site offers a range of cars and vans on durations from 3 to 12 months
CLM’s dedicated Mini-lease site offers a range of cars and vans on durations from 3 to 12 months

The fleet management specialist has seen bookings for its flexible, short-to-medium term rental product increase by 30% year-on-year and the new site enables firms to find and book Mini-lease vehicles more easily, with increased information and support.

Vehicles range from small cars up to large-sized vans across a large number of manufacturers and are available for durations from three to 12 months. Customers can also choose specific makes and models.

Chris Mitchinson, CLM director – in life services, there were a number of reasons for the increase in bookings in Mini-lease products in recent months, including declining economic and financial confidence in the market, partly down to Brexit, as well as uncertainty over the tax impact of the switch to WLTP.

He added: “It is also worth noting that Mini-lease may be of great interest to those organisations operating under international accounting standards which will, under IFRS16, be required to show on their balance sheet all liabilities for leases, unless the lease term is 12 months or less. The short-term nature of Mini-lease means that this does not apply.

“In addition, it can be more motivational for drivers to change their cars every few months rather than every three or four years, especially with the wide variety of new vehicle launches each year, and some business want to reward their staff in this way.”

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Written by Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 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.

Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news.

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