Vehicle Purchasing and Leasing Scheme for CTA Members

With the ever increasing demand for community transport provided by our members the CTA has recognised that assistance and leverage in procurement of vehicles is vital to be able to manage and lower costs. We are conscious that one of the biggest expenses to our members is in procuring vehicles and maintaining them.

With this in mind the CTA has reviewed how best it can help its membership source and maintain vehicles and has now introduced a vehicle purchasing and leasing scheme for CTA members. 

In association with UniLink Finance Ltd (a leading public sector asset finance advisor) we have arranged special discount terms with key manufacturers exclusively for our members. 

The primary procurement options are:

  •          outright purchase
  •          leasing or contract hire

Contract hire and leasing can be a very effective way of managing your fleet as the risk of ownership such as maintenance and future market value lies with the leasing company whilst the cost of the vehicle is spread over the period of hire usually 3-5 years.

Advantages of contract hire and leasing:

  •          Cost of vehicle is spread over the usage period (or contract period) of the vehicle conserving
             vital capital;
  •          Risk of ownership is transferred to a 3rd party, such as future market value;
  •          Maintenance can be outsourced and managed by the 3rd party;
  •          VAT is charged on the rental cost, spreading your VAT costs.

Access to the Vehicle Purchase and Leasing Scheme is only available to CTA members. In order to qualify membership will be checked at vehicle ordering stage.

To discuss your requirements please contact Phil Harrison at UniLink on 0844 887 5547 or email phil@unilinkfinance.co.uk.


Please note UniLink does not offer advice on conversion specifications or legislation issues around fleet operations.


 

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