Sale and rentback - switch from ownership to flexible vehicle hire
Are you looking to update your current ageing vehicles? Are your vans costing you more every year due to increasing maintenance costs? Do you need to control your fleet costs and budget?
Moving from ownership to flexible vehicle hire has helped many businesses gain a competitive advantage. Northgate’s Sale and Rentback is the simple way to move from the risks of owning your vehicles to operating a truly efficient and flexible van fleet.
A smarter way to operate a business fleet
Northgate's Sale and Rentback is the simple way to move towards an efficient and flexible fleet, whether its one van or one hundred.
It allows you to release capital tied up in your owned vehicles which can then be more productively invested in other areas of your business. With funding an issue for many companies, this is an excellent opportunity to finance other areas of your business as well as obtaining the latest fuel efficient vehicles, saving you even more money.
Hiring your commercial vehicles from Northgate gives you the full support by a nationwide back-up service that keeps you on the road 24/7, 365 days a year with breakdown support, vehicle recovery and provision of replacement vehicles when required from any one of our 54 branches.
The simple road to success.
Step 1
We inspect your fleet of vehicles and within 10 days provide a proposal which includes a valuation of your fleet carried out in line with industry guidelines.
Step 2
We purchase your vans at an agreed price to release working capital from these depreciating assets.
Step 3
Depending on the age of your vehicles, we will then hire them back to you at a competitive rate, including servicing, maintenance and other typical running costs.
Flexible Vehicle Hire
After just 10 months you will move to our Flexible Vehicle Hire product. This allows you to add to, change or reduce your fleet at any time without penalty.
