Leasedrive Velo wins £2.1m sale and leaseback contract from Palmer & Harvey

Leasedrive Velo, one of the UK's largest independent privately-owned vehicle management groups, has won a major contract from Palmer and Harvey, the UK's largest wholesale distributor. The £2.1m contract involves the sale and leaseback of 204 company cars plus the replacement of 130 contract hire vehicles over the next six months.
Commercial director, Roddy Graham at Leasedrive Velo said: "This represents another big win for us following a competitive tender review. Once again, duty of care and risk management were key client concerns tabled during discussions. Following the contract signing, we will assist immediately with a full vehicle management review and a re-design of fleet policy.
"Our online totally-integrated fleet management system, Drive:Manager, together with our open and transparent approach, were key deciding factors."
Jim Glover, HR director, at Palmer and Harvey, commented: "The sale and leaseback deal allows us to release capital investment into our core activity. During the competitive tender exercise, we were impressed with the dedicated account team structure, the bespoke service delivery and pro-active team approach."
Palmer and Harvey will benefit from a suite of solutions available under Drive:Manager including Fleet:Manager, Service:Manager, Admin:Manager, Info:Manager, Accident:Manager, Licence:Manager; Mileage:Manager, Rental:Manager and Responsibility.
- ends -
Leasedrive Velo is the largest independent privately-owned vehicle management group in the UK and comprises two main operating divisions.
Leasedrive Velo Vehicle Management
Working in partnership with fleet managers, or delivering a complete outsourced service, Leasedrive Velo offers blue chip clients a range of bespoke fleet management services. Major investments in the finest asset management system and pioneering, flexible, web-based customer service technology have resulted in Leasedrive Velo offering customers a truly world class fleet management service capability.
Leasedrive Velo Rental Management
One of the largest short-term vehicle rental management companies in the UK, with access to an almost unlimited choice of vehicles and locations throughout the country, Leasedrive Velo Rental Management offers a simple and transparent pricing policy with no hidden surcharges. For rentals of 28 days or more, it offers the Stopgap mid-term vehicle rental solution. Rates are substantially reduced compared to daily rental.
The headquarters for Leasedrive Velo is at hi-tech offices at TRL in Wokingham. Awards won by Leasedrive Velo include 'Innovation in Services and Systems' Energy Saving Trust Fleet Hero 2009 Award, Best Rental System category in the BusinessCar Techies 2009 Awards; the ITM 'Fleet Management Company 08/09' Award; the ITM 'Independent Vehicle Management Company 07/08' Award; the 2008, 2007 and 2006 Thames Valley Business Magazine 'Management Team of the Year' Award; the 2006 Fleet News Award for 'Best Contract Hire/Fleet Management Company'; and the 2006 GreenFleet Award for 'Leasing/Rental Company of the Year'
For further press information on Leasedrive Velo, contact:
Mr Jeremy Snook
JSPR Ltd
Telephone: 01235 227572
Mobile: 07957 867139
E-mail: jeremy.snook@jspr.co.uk
Website: www.jspr.co.uk

