At the end of the contact term, Yorkshire Fleet will arrange for the vehicle to be collected, either from the company or employee address. As part of this collection process, the vehicle will be appraised, and any excess mileage or damage which falls outside of the published fair wear and tear guide will be charged […]
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The employee returns the car to their employer, and they are free to either re-allocate the vehicle to another employee under a new Salary Sacrifice arrangement, or return the car to the finance company. It is possible to include Early Termination insurance as part of your scheme, which significantly reduces the finaicial exposure of the […]
MoreNo, they do not need to be on a full-time contract, however in order to be eligible for the scheme, the reduction in salary can’t take them below the National Living Wage.
MoreIt is possible to cancel the vehicle order prior to taking delivery, and in most cases, this would incur a cancellation charge, which would be a maximum of £500 + VAT.
MoreIf we are able to source a suitable vehicle from UK stock, a lead time of 10 – 14 days is usually achievable. If we need to place a new factory order built to your specification and colour, lead times can vary from 2-3 months to over 12 months, depending on the make and model. […]
MoreNo, there is no minimum uptake. Some companies set up the scheme purely for the benefit of one Director or Employee.
MoreContract terms can run from 2 to 4 years. Generally speaking, the longer the term of the contract, the lower the cost of the monthly rentals, and typically 3 or 4 year contracts are the most popular and offer the best value for money.
MoreThe rentals are collected vie Direct Debit directly from the Company, and the appropriate amount is deducted from the Employees salary through the regular payroll process. The Employer is provided with a report detailing all of the required information for payroll.
MoreQuotes are usually valid for 28 days, although sometimes this may reduce due to factors outside of our control, for example if a manufacturer has a price increase, or if there is a rise in interest rates. Prices fluctuate over time due to a multitude of different factors, such as interest rates, changes in fleet […]
MoreYes, provided that the total deduction from their salary does not take them below the National Living Wage.
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