Our products at a glance
If your business is VAT registered and you don’t want the financial risk of buying your own vehicles or the administrative burden of sourcing, servicing and selling them, then Contract Hire with Alphabet may suit your business.
As a member of the BVRLA, the trade body for the vehicle rental and leasing industry, you can be assured that we are operating under strict quality standards and codes of conduct.
What are the benefits for you?
- Configure, quote, order and manage your fleet with Alphabet Online
- Can include incident and accident management, reducing downtime and controlling costs
- Consultancy and guidance on your Fleet policy
- Can be linked with maintenance, driver risk services, fuel management and Mobility Services
- Integration with your Telematics provide
- Fixed monthly rentals based on an agreed term and mileage
- Opportunity to amend rentals if planned mileage changes
- No depreciation risk for you at agreement end
- Can improve financial gearing and release capital for investment elsewhere.
If you want to take the financial and operating responsibility for the risks and rewards of your fleet then Finance Lease may be the funding product for you?
Finance Leases offer the tax advantages of contract hire with the risk and reward benefits of outright purchase, making them ideal for businesses with an appetite for risk and who have a dedicated in house resource.
What are the benefits for you?
- Reduce rentals by including an agreed final balloon payment
- Option to extend into a secondary lease period on a peppercorn rental basis for a percentage of the original invoice price, payable per annum, in advance
- On balance sheet funding from an accounting perspective
- You can benefit from surplus in the sale proceeds at the agreement end.
With a Contract Purchase agreement, the vehicle appears on the balance sheet, which allows you to claim capital allowances. The finance element of the payments is not subject to VAT, which may be beneficial if you are unable to recover VAT.
At the end of the contract you can pay a predetermined balloon payment to complete your purchase of the vehicle or, choose to return the vehicle to Alphabet.
We are a member of the BVRLA, the trade body for the vehicle rental and leasing industry and means we are quality assured, operating under sector specific codes of conduct. This gives you comfort that if you choose to return the vehicle, we will assess the condition in accordance with the BVRLA Fair Wear and Tear Guidelines, a copy of which is available here.
What are the benefits for you?
- Predictable costs
- Potential tax and VAT benefits of ownership
- Opportunity to amend payments if planned mileage changes
- No depreciation risk for you at the agreement end
- Option to purchase.
If your business wants to release capital tied up in the fleet, reduce risk, or you want to accelerate the changeover to Contract Hire or Contract Purchase as efficiently as possible, then Sale and Leaseback may be suitable for your business.
Under your new funding arrangement you pay one fixed monthly payment, enabling you to budget accurately and confidently. You can also choose from an additional range of services to further reduce the burden of running your fleet. These include servicing and maintenance, breakdown recovery, accident management, fuel management, vehicle rental and Alphabet Online, our quotation and reporting system for fleet managers and drivers.
What are the benefits for you?
- Helps free up cash to grow your business
- Stable budgeting for the lease back period
- You could for example: Contract Hire your cars but Finance Lease your vans, so you can keep them longer if needed.
Structured Employee Car Ownership schemes can be a viable alternative to either giving a cash allowance or a traditional company car.
Employees don’t pay company car tax but they usually fund a proportion of the car’s cost through tax free payments for business mileage. Dependent on circumstances, this can make Structured Employee Car Ownership very tax efficient for both you and your employees.
However, it is very important to consider any potential pitfalls and professional advice is critical.
What are the benefits for you?
- Control the quality and suitability of vehicles used by your employees
- Perceived as a benefit by many employees
- Tax efficiency.
Our schemes could boost perceived value to your employees without adding to your rewards bill. Schemes can give your valuable employees the opportunity to own a car with the some of the benefits and peace of mind associated with a company car.
We offer your employees several ways to enjoy exclusive finance deals on personal cars through our fully administered Employee Car Schemes.
What are the benefits for you?
- Simple set up and low ongoing cost to yourselves
- Increased employee retention and motivation
- Easy online quote, ordering and monitoring with Alphabet Online
- Potential National Insurance savings for your business.
Alphabet Direct is Alphabet's dedicated channel for busy, growing SME businesses like yourself. We can take care of all your company vehicle requirements, from helping select the right car or van through to the full management and maintenance of your vehicle.
You can add maintenance packages, accident management, daily rental, fuel cards and driver risk management services to support your changing needs, giving you piece of mind and allowing you to focus on your core business. The choice is yours.
Whether you need to make cost savings, find simple and flexible mobility solutions or want to improve your sustainability, we are here to provide individual advice and support at the end of a phone.
What are the benefits for you?
- Advice and support on vehicle choice, Fleet policy and supporting services
- Support for your drivers, if they need it, by phone or email
- As much support as you want, when you need it and how you need it
- Quote, order and manage your fleet with Alphabet Online
- New vehicles include breakdown recovery, road fund licence (Road Tax)
- A dedicated Account Manager and access to a 24 hour 7 day a week driver helpline.
For more details and offers from Alphabet please click here.
Few companies can match our track record and experience when it comes to Commercial Vehicles for private and public sector organisations. We guide you through the complex process of Commercial Vehicle specification, preparation, maintenance and disposal so you can count on receiving the best advice, with outstanding service, every step of the way.
In this changing world and whatever your business, our unique approach will help deliver Commercial Vehicle solutions that match your business now and in the future.
What are the benefits for you?
- A complete consultancy and fleet management solution
- Provision and guidance on Electric Commercial Vehicles (ECVs)
- Interior fitment solutions including innovative racking, specialist and bespoke equipment
- In life support and downtime management for your vehicles and drivers
- Virtual vehicle handover for your drivers of custom conversions.