1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156 
Rental contracts changing as credit crunch starts to bite
Page 45
If you've noticed an error in this article please click here to report it so we can fix it.
VEHICLE AcQuismoN patterns are shifting towards low-commitment contracts, according to fleet solutions companies.
The length of van hire terms is increasing dramatically, according to TLS Vehicle Rental, with a greater number of customers on the hunt for long-term vehicles, which they can hand back at any time.
Axis Intermodal, which supplies contract hire fleets, says there is a growing lack of commitment in its market also.
"More companies are looking for one-year rolling contracts because they lack customer commitment," reveals MD Ernie Clemson.
"We are offering packages now which reflect that level of customer commitment; and we also now agree penalty charges for early return in advance, so that customers having to return vehicles early don't receive any surprises."