CVM Launch iLease To Target Salary Sacrifice Uncertainty
By Maddy Price
Monday, March 21, 2016 - 10:26
Vehicle supply and fleet management specialists CVM, are pleased to announce the launch of iLease to rival the salary sacrifice sector offering no restrictions. Southampton-based CVM, perhaps best known for its work in the SME market has developed this revolutionary product giving drivers the ability to quote their own personal lease vehicle lease via a web portal using a unique login.
iLease is aimed at the corporate market as a staff benefits package and targets all employees receiving a cash allowance although any employee can join the scheme. It costs nothing to join and offers no financial liability to the employer whilst the employee has the comfort of knowing that behind iLease is the back-up and support of CVM’s dedicated call centre and industry partners.
Any company adopting iLease will be able to offer their employees maximum flexibility in choosing a brand new vehicle tailored to their own specification. Employees are given access to a secured on-line portal from which they can choose how much they wish to spend, on what car and can add as many factory options as they wish to ensure that the chosen vehicle matches up to their own specific needs. CVM have agreed discount terms with top manufacturers to ensure that iLease is able to offer some of the most competitive personal leasing rates found anywhere in the market today.
All iLease agreements include Road Fund License, breakdown cover and free delivery anywhere in the UK. For additional peace of mind a comprehensive maintenance package covering vehicle servicing, repairs and tyres can be included.
And there’s no deposit to find either. Employees simply agree a fixed price monthly rental they’re happy with for the duration of the agreement, which can be anything between 2 and 4 years and from 6,000 to 30,000 miles per year.
For the employer iLease will finally offer them the solution to the headache of managing their grey fleet. It has become increasingly clear in this litigious age, employers legal duty of care to their employees extends beyond the workplace. With iLease an employer can now take all reasonable steps to ensure that the vehicle their employee is travelling in and for which they are ultimately paying for, albeit indirectly is both legally roadworthy and safe.
Emma Walker – HR Business Partner for Kwik Fit said:
We are currently in the process of introducing our 7,000 staff members to iLease. We are very excited at the prospect of being able to offer our staff a unique personal lease quotation tool to enhance their current staff benefits package. The monthly rates that iLease has demonstrated offer excellent value together with a seamless online order process.
Speaking at the launch of iLease CVM’s Jaymie Stanbrook – iLease Senior Account Manager said:
I am delighted on behalf of CVM to offer iLease. It is a pioneering on-line solution for the corporate market enabling them to offer their grey fleet users the comfort and feel of a well-managed company car scheme but with all the added benefits of being able to choose and tailor a vehicle to meet their individual needs. And for a very competitive fixed monthly price without having to find a hefty deposit too!
We believe the concept is unique and invite any interested parties to contact us here at CVM to discuss how it will assist and benefit them.”
An on-line video presentation of iLease can be viewed at www.cvmgroup.co.uk/ilease. Interested parties are invited in the first instance to contact Jaymie Stanbrook or Danny Hayter personally.