Van leasing solution reduces end of term damage costs

Xylem Water Solutions UK is seeing RED thanks to a flexible leasing solution from Pendragon Contracts, which will eliminate the end of contract damage concerns and charges that LCV operators hold.

The RED (Reduce End of Term Damage) programme from Pendragon Contracts has been applied to the 44 Ford Transit and Transit Connect vans supplied, enabling Xylem to avoid damage costs when the vehicles are returned at the end of the lease.  Working to a tight deadline before the selected model ran out, the fleet management company assisted Xylem in its van choice and placed the orders before the manufacturer deadline, avoiding vehicle downtime.

In addition, Pendragon Contracts negotiated a competitive deal with a tyre supplier for winter tyres, ensuring Xylem’s engineers remain mobile in all types of weather, and will be providing relief vehicles from its daily rental provision when the vans go in for a service.

Martyn Lewis, senior transport manager of Xylem Water Solutions UK, said, “We were impressed with Pendragon Contracts’ knowledge and understanding that time is money.  It is critical to our business that we keep our engineers on the road at all times and the total package it has provided will help us to achieve this successfully.  However, an added benefit for us is the guaranteed cost saving on end of life damage issues that have been an issue for us in the past. We really feel that Pendragon Contracts understood our needs and has our best interests at heart.”

John Given, sales & marketing director of Pendragon Contracts, added: “It’s important when receiving a client’s brief that we clarify, understand and explore their objectives clearly for their LCV vehicle leasing requirements.  With Xylem we were able to meet or surpass their requirements due to a combination of our expertise, flexible leasing programmes and speed of service.” 

Comment as guest

Login  /  Register


No comments have been made yet.

What's the tax liability on my van?

Calculate the BIK tax on any van on sale today with our van tax calculator

How green is your van?

Check out the CO2 emissions for new vans with our CO2 calculator?