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Rental minimising grey fleet costs

Date: 09 March 2012   |   Author: Jack Carfrae

Vehicle rental, including daily hiring, is increasingly being used by businesses to minimise the cost of grey fleet usage in financial, environmental and safety terms, according to a report commissioned by Enterprise Rent-A-Car.

Entitled Driving Futures, it highlights the impact professional and lifestyle changes are having on the rental sector, claiming that car hire is becoming a "cornerstone of sustainable motoring".

Rental is identified as an alternative to employees using their own cars for business trips, potentially saving on recharged mileage costs and offering greater control on the type, quality and environmental suitability of cars or vans used.

The report stated: "Daily rental charges, even including fuel, can be significantly lower than mileage reimbursement for many business trips. Drivers or the company can select a more appropriate vehicle for a journey to reduce the environmental impact."

Rental is endorsed as a means of addressing duty of care responsibility, and potentially reducing the weekly toll of 200 work-related road deaths and serious injuries, some involving poorly maintained vehicles.

The report added: "Car rental provides peace of mind as hire cars are regularly maintained and always in top condition."

Quoting research showing that only 16% of consumers across Europe are currently consider buying electric vehicles, the rental sector's 'try before you buy' approach can, maintained Enterprise, provide access to new technology and "help bridge the anxiety gap".

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