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York Trailer Leasing Plan

27th July 1962, Page 42
27th July 1962
Page 42
Page 42, 27th July 1962 — York Trailer Leasing Plan
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FOR the first time in this country 'I York Trailer. Co., Ltd., are offeri to British commercial vehicle operat a trailer leasing plan. Experience of I success of trailer leasing in Noi America has prompted York to devel this plan in conjunction with the Merc tile Leasing Co., Ltd., 8-18 Gt. Que Street, London, W.C.2.

The lease enables operators to obtthe use of York semi-trailers with t minimum cash outlay. The basic lea consists of .a period which is usually tht to five years, following which the less has the option to renew on a year-to-ye basis for as long as he wishes to use t equipment at a pre-arranged fractior rental.

Any model in the York range can leased.

CRANES' RESULTS

THE trading profit of Cranes (Del ham). Ltd., for the year 1961-62 w £53,201 before deduction of tax, cornpar with £66,000 in the previous year. his statement as chairman, Mr. L. .Allwood says the fall in trading pre was due almost wholly to increases overhead expenditure and in the cost the sales organization. He reports th the company's order book is " healt and good.