All Employee Car Ownership Scheme

Leasedrive Velo has designed an All Employee Car Ownership Scheme for Companies who wish to give employees who are not entitled to a company car the opportunity to lease a new car and benefit from specifically negotiated manufacturer discounts and bonuses. As a consequence of this, employees are often able to lease a new car at a rate which is more competitive than can be obtained from a dealership.

Leasedrive Velo's All Employee Car Ownership Scheme is designed to provide competitively priced, fixed cost, trouble free motoring for the length of the agreement including maintenance and breakdown recovery. This is an excellent method of improving employee benefits at no cost or additional administration to the company.

Key Features - Employer

  • No cost enhancement to employee benefits
  • No additional administration or guarantees required
  • No risk of default - agreement remains with employee

Key Features - Employee

  • Access to superb choice of new vehicles
  • Competitive APR
  • Monthly payment deducted from bank account
  • Fixed cost motoring - comprehensive maintenance package included and no depreciation risk
  • Flexibility of contract terms and mileage
  • Three end of contract options: pay guaranteed future value and retain vehicle, return the vehicle and take a new agreement or just return the vehicle
  • Optional add on packages such as GAP insurance and European breakdown cover
  • Online quotation facility

System

To support this Scheme Leasedrive Velo offers an internet/intranet capability allowing employees access to regular promotional offers 24 hours a day, 7 days a week, in addition to client fax, e-mail and poster campaigns.