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Glen Newman of Purple Contracts gives Vale Life the lowdown on what vehicles customers are choosing in the current economic climate. If you’re thinking of changing your vehicle in the next six months then perhaps you should...
TALK TO PURPLE
Can you tell us about your business?
Purple Contracts are a small, family-run vehicle leasing company based in the Vale of Glamorgan. We provide vehicles and vehicle finance to small businesses and private individuals nationwide.
We adopt a very consultative approach with all our customers – not many realise that although a £10,000 vehicle will always cost £10,000, the way you finance it can save you a small fortune, so we ensure that customers get all the facts to make an informed decision.
Have you noticed a change in enquiries since the onset of the
credit crunch?
Yes, of course. It’s not all bad though, quite the opposite! Each and every one of our customers has the same thing in common – they all want to save money. We’ve all got to look at our outgoings and overheads and a major one is our vehicle costs.
Many lower mileage customers have been switching back to petrol driven cars. Smaller cars are now cooler than bigger cars. Mpg is now more important than Sat Nav. Instead of impressive 21 inch alloys, drivers now prefer to ‘boast’ that their Road Tax is only £35 a year! It’s got to be a good thing, hasn’t it!
What type of vehicles are people showing an interest in at the moment?
We’re supplying Fiat 500’s aplenty. They’re terrific little cars (a bit different too), cheap as chips to lease and run, and only £35 a year to tax. Now that really does make good sense in these uncertain times.
Also, for double cab drivers, they’re missing a trick with crew-vans. Most double-cab vehicles are classed as LCV’s, which means they’re usually 100% tax deductable and business users pay much less company car tax. Their big disadvantage is that they are so expensive and heavy on fuel. Get the best of both worlds by going for a crew van, such as the Mercedes Benz Dualiner. It drives like a car with lots of luxury goodies, it’s better on fuel, is 100% tax deductable on a lease and you can claim back all the VAT (if you’re VAT registered).
What do you think makes Purple Contracts stand out from
the competition?
The broker market has flourished over recent years (there are nearly three and a half thousand vehicle leasing ‘brokers’ in the UK at the moment), and with good reason - they all do one job really well... save you money! However, despairingly absent is a reasonable level of customer service. Our surveys reveal that the main reason a customer leases from a broker is price, and they are willing to accept poor service in return for a better price. At Purple, this is unacceptable. Why not have both?
I know that if I provide competitive vehicles and great service my business will flourish. I don’t want you to buy from Purple because we are the cheapest, I want you to buy from us because we are the best. Talk to Purple and find out for yourself – we only want your business if we earn it and deserve it.
“Fiat 500’s are terrific cars, cheap as chips to lease and run and only £35 a year to tax.”
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