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Dinex cleans up on lease

23rd August 2001, Page 14
23rd August 2001
Page 14
Page 14, 23rd August 2001 — Dinex cleans up on lease
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A new approach to cleaning up truck engines has been launched by le. Dinex, in conjunction with the Energy Saying Trust. Operators can 1 now lease particulate filters on a full repair and maintenance contract, rather than haying to shell out up front.

CM EXCLUSIVE

• by Colin Barnett Why Should an operator want to fit a particulate filter? Well, apart from the carrot offered in the shape of a VED rebate of up to £500 a year, and the "conscience policies" operated and demanded by many urban-based companies, the prospect of the combined sticks of congestion charging, Low Emission Zones and various other bits of local legislation looms on the horizon. For many hauliers meeting a fairly loose definition of "operating in

England", the attraction is even greater thanks to the various grants that the government is currently making available.

While Dinex is quite happy to sell its particulate filters outright, it believes that the option of leasing the kit makes more sense. The usual benefits of leasing, such as paying out of revenue rather than capital and shorter writedown periods, apply but the scheme comes with the additional benefit of being truly "fit-and-forget" from the operator's view. Since the introduction of particulate filters, some operators have apparently been under the impression that they already were "fit-andforget", whereas regular and correct cleaning is essential to maintain efficient engine performance.

The Dinex leasing scheme is funded by a tailor-made scheme from UK

Equipment Rentals. Before the lease begins, Dinex will assess the duty cycles of the recipient truck and devise a specific maintenance programme. Servicing at appropriate intervals will then be carried out by Dinex's network of mobile fitters and accidental damage insurance can be incorporated into the leasing arrangement.

While every contract will differ slightly in detail, due to different hardware and maintenance requirements, Dinex says that a figure in the region of £50 per month would be typical. Although this adds up to a bit more than the maximum £500 VED rebate, the equation should also include the savings in workshop time and the cash flow and tax benefits of leasing, not to mention the unquantifiable peace-of mind value of any problems being someone else's problems.

Dinex is currently seeking more technicians to join the Pro-fit Centres franchised operation—potential partners should call 01295 849859 or visit www.pro-facentres.com. More information on various aspects can be found at: wwvv.dinexexhausts.com; www.dieselemission.org.uk; www.envirolease.co.uk; www.transportaction.org.uk.

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