As the electric vehicle landscape evolves, fleet managers are having to juggle business and driver needs with the advancing technology and performance of new models coming onto the market. Making commitments to electric vehicles for several years doesn’t make sense.
In response, Europcar has developed Flex Model Choice.
Flex Model Choice gives businesses the flexibility of rental with the vehicle model certainty of leasing. Specific makes and models from Europcar’s comprehensive BEV and PHEV fleet can be booked for rental for a minimum of 3 months and up to 12 months at a fixed monthly rate, enabling employers to accurately allocate vehicles and forecast Benefit-in-Kind tax expenses.
As Tom Middleditch, Head of Electric Mobility at Europcar explained, Flex Model Choice gives fleet managers a level of flexibility – as well as cost certainty – that is critical as electric mobility evolves. “The pace of change in electric vehicle technology is impressive; every new model that comes out brings better battery life and charging performance as well as a host of other driver benefits. The challenge for fleet managers is what to commit to – and when.
“Critically, Flex Model Choice gives businesses access to the latest BEV and PHEV models without the long term commitments and early exit penalties of leasing. That means they can access the latest electric vehicle technology, rather than being stuck with a model for three or more years that is quickly surpassed. And, crucially, by being able to book the specific make and model, it is ideal for salary sacrifice schemes where the BIK needs to be forecast accurately.”
The long wait times typical of leasing are also eliminated with Flex Model Choice – vehicles are usually available within just 5 working days, anywhere in the UK. And nationwide delivery and collection is available for all models.
To find out more about Flex Model Choice visit: https://www.europcar.co.uk/en-gb/p/business/fleet-services/long-term-solutions
