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Teacher Impressed With Simple Service

When a Stockport teacher was referred to Anthony K Vehicle Leasing by a relative she wasn’t anticipating it being an easy process.  She had a demanding full-time job and no real interest in cars except the daunting task of needing to replace an ageing Mini Cooper.   Professionals are often working long hours with no real time to sort out personal things so a quick chat with Rob at Anthony K and further conversations over the coming weeks led to this beautiful car being delivered to her door during the summer holidays.

Initially the script was to find a deal on the Mercedes A-Class.  However at this particular time we found no deals that seemed attractive so immediately widened the search.  Out of the blue a deal was launched on some incoming stock Mercedes GLA AMG Line in a variety of colours.  The deal was just perfect for her!

Dealing with busy professionals is something we do well at Anthony K Vehicle Leasing. We aren’t a call centre so don’t have to interrupt your day every 5 minutes to make a sale.  Once our customers trust us to find a deal more often than not it’s exactly what we do.  Of course all businesses follow up but we try to do it at convenient times or even by whatsapp, text to suit the customer’s preferences.

So whether you are a teacher, solicitor, architect, accountant, self-employed or simply just don’t want to spend all your days searching around for a deal, then more time satisfying yourself its the best deal then give our fantastic team a call on 01706 577 040 or email enquiries@anthonyk.co.uk

Rothwells Discover New Land Rover

Long standing customer of Anthony K Vehicle Leasing  Rothwells have recently taken delivery of this beautiful Land Rover Discovery for their Managing Director.

The Delivery at Rothwells Rochdale Office of the  Land Rover Discovery from Anthony K Vehicle Leasing

 

Rothwells Established in 1947 by Herbert Rothwell the business was bought by Roy Nuttall in 1977 . The firm is now run by Roys son Chris who joined the business in 1992. Rothwells are stockists of Draper Tools and engineering supplies to trade and DIY enthusiasts across branches in Rochdale, Bury, Todmorden and Nelson.

Chris has become a great friend of Anthony K. Over the years together we have supported several local business events.  Together we have been recently involved in  Rochdale Man of The Year, Business Awards and  especially Springhill Hospice events such as their Golf Days and Business Buddies 

 

Latest News

We are very pleased to announce several new and improved services # in expanding our existing finance options. What’s new?

 

# Vehicle Sourcing and Supply

We have partnered with a national central hub to help us locate a wider range of cars and commercial vehicles – making it quicker and easier to locate vehicles in a shorter time and with even more competitive terms.

# Flexible short term Contract hire for limited companies

Anything from 3 months up to 2 years on a flexible monthly basis. Particularly useful for filling short term requirements for new employees, short term or temporary contracts, filling gaps in the event of extended lead times for replacement and new vehicles.

# Cash or Hire Purchase corporate terms

Do you purchase any vehicles?

If you decide to purchase some of your vehicles, we can now offer our corporate discounts on a wide range of vehicles without the need to lease or contract hire them.

# Staff Affinity Scheme

We realise that individuals who require vehicles but are not part of a company car scheme or mileage allowance scheme are left to their own devices in negotiating prices and finance options – of which there are many jargon confusing terms in the big bad world of car finance.

Our solution:

There are three finance options available to individuals

  1. Personal Contract Hire
  2. Personal Contract Purchase
  3. Hire Purchase

Choose any of these options with the corporate buying terms of ourselves (AKA) to achieve a competitive package to suit individual’s requirements based on their budgets.

 

What are the benefits?

A complete choice on any of the above finance options – the driver can choose according to their requirements.

A complete choice on any make or model – we are not tied to any brand of vehicle.

One point of contact to discuss – less time consuming and hopefully less stressful in achieving each individual’s requirements.

# Refer a Friend Scheme

We have also introduced a “Refer a Friend” scheme on our website:

https://www.anthonyk.co.uk/refer-a-friend/

 

We feel these options will be time saving for all our customers with one point of contact to help you make the appropriate decision for your business and personal requirements.

 

We also have two contact numbers for enquiries, making it easier to reach us:

0161 655 3200 or 01706 577040

New Model Mitsubishi PHEV Ready For Quoting

 

2019MY OUTLANDER PHEV

Mitsubishi have released details of the Outlander PHEV 2019 MY as below. 

19MY Outlander PHEV benefits from a range of exterior and interior improvements, but the real focus has been on powertrain and mechanical improvements, including an ultra-efficient new 2.4-litre petrol engine. Other improvements include, but are not limited to, increased power and torque (up 11%) enhanced driving dynamics, and more driving modes including a Sport Mode.

Mitsubishi are also pleased to advise that under the new and stringent WLTP tests, 19MY PHEV still manages to achieve excellent fuel economy and emissions. CO2 levels, at 40 g/km (NEDC Correlated)/46 g/km (WLTP), remain comfortably below the 50 g/km level. 

Model Range

The 19MY Outlander PHEV range at launch will consist of 3 trim levels; Juro, 4h and 4hs.

Specification

19MY Outlander PHEV features high levels of equipment across the range, the highlights of which are:

Outlander PHEV Juro:

  • 18” Alloy Wheels
  • Heated Windscreen
  • Heated Front Seats
  • Electric Pre-Heater (and Air-Con function)
  • Remote Smartphone App (Android and iOS)
  • Smartphone Link Display Audio with Apple CarPlay & Android Auto capability
  • DAB
  • Electronic parking brake with brake auto hold
  • EV priority mode
  • Sports mode
  • Reverse camera
  • Cruise Control with Speed Limiter
  • Dual-Zone Climate Control
  • Front & Rear Fog Lamps
  • Keyless Operation System with Start/Stop Button

 

Outlander PHEV 4h: As Juro plus:

  • 360° Camera with Steering Wheel Camera Switch
  • Leather Front & Rear Seats with 8-Way Power Drivers Seat
  • Black headlining
  • LED front fog lamps
  • Blind spot warning
  • Rear cross traffic alert
  • Power Tailgate
  • Heated steering wheel
  • LED Headlamps with Auto Levelling & LED High Beam

Outlander PHEV 4hs – As 4h plus:

  • Adaptive Cruise Control (ACC)
  • Forward Collision Mitigation (FCM)
  • Lane Departure Warning (LDW)
  • Unintended Acceleration Mitigation System (UMS)
  • Front & Rear Parking Sensors
  • Auto high-beam

 

Colours:

All colours for 19MY are carry over from 18MY with Metallic/Pearlescent remains a £550 list price option.

 

Performance and selected other technical figures:

Engine 2.4L Petrol
Max. Engine Power 135 PS @ 4,500rpm
Max Engine Torque 211 Nm @ 4,500rpm
Front Motor Power / Torque 82 PS / 137 Nm
Rear Motor Power / Torque 95 PS / 195 Nm
Traction Battery Lithium-ion 13.8kWh
EV Driving Range

 

NEDC Correlated: 33 miles

WLTP: 28 miles

WLTP City Driving: 35 miles

NEDC Correlated Fuel Economy – Combined 159.59mpg
WLTP Fuel Economy – Combined 139.77mpg
NEDC Correlated CO2 40g/km
WLTP CO2 46g/km
First Year VED £0
Braked Towing Capacity 1,500kg

 

Service Intervals

19MY Outlander PHEV service intervals remain at 12,500 miles/12 months 

Pricing

Despite this comprehensive list of enhanced exterior/interior styling improvements, new specification across the range, significant technical improvements and outstanding WLTP related emissions – Mitsubishi are pleased to confirm that 19MY has carryover pricing, as follows:

 

Model

 

List Price
Juro Petrol Hybrid Auto £36,700
4h Petrol Hybrid Auto £39,445
4hs Petrol Hybrid Auto £41,545

 

 

5h/5hs & Commercial variants

Mitsubishi advise that they are currently developing a 5h, 5hs and commercial variant, further details and

pricing information will follow.

If you require any further help or assistance regarding the above, or any of the Mitsubishi range please do not hesitate to contact us.

Additional Information WLTP

So as the summer cools off the motor industry is hotting up for the changes with new emissions tests.

Of course there are going to be winners and losers in the changes!  Winners are looking like those that can take a stock deal in July and August as there are some cracking offers.

1 Page Explanation of WLTP

The best thing to do is contact a trusty leasing broker to get the best advice for your situation.

Finance Lease

Finance Lease is a popular funding option for commercial vehicles or vans where Contract Hire is not always suitable or the best option.

Your business uses the vehicle while paying a rental rather than a repayment. The monthly rental is determined by the initial cost of the vehicle (excluding VAT), the period of the finance lease and the residual value (the estimated future value of the vehicle at the end of the finance lease period once depreciation is taken into account), plus int

Advantages:

  • Minimum capital expenditure
  • Accurate monthly budgeting
  • A fixed interest rate is available on some contracts
  • No damage recharge as you are responsible for disposal of the vehicle
  • Finance lease is a very popular choice for VAT registered companies and businesses as they can claim back 50% of the VAT on the finance element for cars and generally 100% for commercials (subject to no private use). On contracts with maintenance the service element VAT is 100% recoverable
  • Rentals can be offset against the businesses profits.
  • Reduced administration
  • On-going advice and support
  • Optional full maintenance package with breakdown rescue cover
  • Optional GAP insurance which provides cover for the shortfall between the outstanding finance and the insurance value if the vehicle is declared a write-off by your insurance company

Disadvantages:

  • You will never own the vehicle as the vehicle must be sold to a third party as the end of the agreement
  • Operating risk associated with the vehicle
  • Interest rates can vary on some contract
  • You must have fully comprehensive vehicle insurance

More Information on Finance Lease:

Although you never take ownership, at the end of the finance lease contract a payment equivalent to the residual value is payable. Usually this means that the vehicle is sold and a proportion of the proceeds of the sale are returned to the lessee.

Most finance lease companies will offer a number of payment options to suit your cash flow. You can lower the monthly rental with a balloon payment at the end of the contract, or you can pay the entire cost in monthly rentals (normally referred to as a fully amortised Finance Lease), in which case you may be able to extend the finance lease with a secondary rental (sometimes called a peppercorn rental).

 

Using A Leasing Broker

Why use a vehicle leasing broker? 

You probably have a mortgage broker, use an insurance broker or comparison service for your insurance, have a Financial Advisor find you the best savings, investments and pensions advice? Then having a recommended vehicle leasing broker to arrange a deal on your next car can be a logical step and has been for thousands of businesses and consumers for 3 decades.

What to look for in your leasing broker

I tend to measure the number of great brokers by the numbers of partners of a major leasing company. As an example, we have been a franchise of LeasePlan (formerly Network Vehicles) since 1995 and they tend to have around 100 quality companies that they deal with.  This provides healthy competition which is more and more based on service and feedback as well as the all-important price.

Along with other criteria, all partners must demonstrate to have the following:

  • Office Premises
  • Be members of the BVRLA – our trade body
  • Have a licence from the FCA – Financial Conduct Authority
  • For each member of staff to attend at least two industry training days each year facilitated by motor industry experts Professional Inspirations

Large or Small?

Not all brokers are the same, some are huge organisations with full telesales centres, sales teams, admin teams, buying teams and marketing departments others are literally a business owner and maybe an administrator and most (like us)  are somewhere in between.

However what is key is that you are comfortable with who you are dealing with and rest assured ‘most’ of us are actually pretty good at what we do.  Brokers have their own culture and it’s up to you who you ‘get on with’ and trust to get the right advice and deal for you or your business.

A medium sized broker will tend to get you access to great deals AND a personal service, a smaller one maybe great service but not as many deals and a larger one a very slick experience but occasionally lacking that personal touch many small businesses and consumers still value.

Ask who they represent

One thing to look out for is to get as much coverage from your broker as possible.  They ‘should’ have access to a number of major leasing companies, the ones that you can only access via a broker. These are the guys buying thousands of stock and specially priced cars each year that you’ll see advertised widely.  Most of us also access hundreds of dealers from across each manufacturer to get the best access to stock and special offers that your local dealer won’t get.

Top Tip: 

Don’t get too many brokers pitching for your business. It’s prudent to get a couple of quotes but the best brokers will put you to the bottom of their to-do list if they think you’re going to take every quote out to 10 other people.  The reason we are the broker is that we find you the best deals – if you trust them you’ll let them get on with the job.

Something to keep an eye on – admin fees

Some brokers charge admin or processing fees and this should be transparent at the point of quoting.  We currently don’t charge these but again there’s nothing ‘wrong’ with this unless it seems a little more important they get your cash rather than supply the deal!  Remember this is a heavily regulated market so the days of spurious fees and charges should be over.

The truth is good enough

This article was supposed to be informational rather than advertorial however  I can list example after example of our absolute honesty being valued by our clients.  The motor industry is far from perfect. Stock lists can be out of date, cars get sold before our eyes, some supplying dealers are awful and some are fantastic.  Some cars get delayed at the factory, some are even taken off order but out of 9 problems that happen a good broker isn’t at fault – however, it’s all about communication.  It’s my role as Director here to get you to trust us, not by sales speel but by our actions.    It’s a good brokers job to seek out not only good deals but fantastic dealers, it’s my role to find out why a funder is letting things slip and help them improve using our account managers to feedback.

If we have an issue the customer knows straight away. Throughout the sales process, we are being as transparent as possible in what can be a very hazy industry.  That’s a promise from me (remember our regulators will be reading this too!)

Do you want our help?

Finally, if you’d like to chat to us about using our vehicle leasing brokerage just drop me a line 01706 577040 or email robert@anthonyk.co.uk to see if we can provide what you are looking for.

 

 

 

WLTP on Contract Hire Vehicles – Will It Affect Me?

Confused by WLTP? Not sure what it is? Is your leasing provider not really sure what’s going on?……………….read below or save yourself some time and get in touch with our experts on 01706 577040

Below is an email sent by our Sales Director to one of our regular fleet customers regarding the new WLTP tests which come in to effect from September 1st 2018.  The tests are new ways of measuring emissions which of course Road Fund Licence is now calculated on. However in many cases the tax position of both the company and company car driver will be changed – and in most cases not in a positive way!

The Transition from NEDC to WLTP – Brief Expansion

The New European Driving Cycle (NEDC) is the current testing procedure for engine emissions and fuel consumption has been in place since 1990 and was last updated in 1997.

This is being replaced by the Worldwide Harmonised Light Vehicle Test Procedure (WLTP).

Relevant timelines at this point are as follows:

All vehicles manufactured after July 2018 must be certified to WLTP.

All vehicles registered in the UK after 01/09/2018 will need to be certified to WLTP but will also require NEDC equivalent emission figures which will be used to calculate first year Vehicle Excise Duty and Benefit in Kind. The NEDC equivalent figures are derived from the new WLTP test and may differ from current NEDC results due to them being more representative of Real World Driving.

Current HMRC plan is to use WLTP emission figures from April 2020 and at this point will be included in customer facing material.

Any vehicles manufactured that are not certified to WLTP must be registered by 31/08/2018.

As the majority of manufacturer order banks are already full for July production a lot have now been closed and will not re-open until vehicles have been tested to WLTP. The first to announce this was Jaguar Land Rover who closed their order bank early last week. A number are continuing to take customer orders, BUT, with the caveat that from order to delivery there is a likelihood that WLTP testing will have done and therefore it is likely that emissions will increase in turn affecting first year Vehicle Excise Duty and Benefit in Kind.

To this end many popular makes and models are closed for ordering. So at this point I am unable to offer valid figures but will monitor the position for you moving forward as I understand that as well as new emission figures there may also be a price increase.

What we Know So Far about WLTP

There seem to a lot of companies out there who are turning a bit of a blind eye to these changes, but we are trying to be as transparent and informative as possible.

I find it hard to believe that only Jaguar Land Rover have tried to communicate their changes and that NONE of the major funders have made any comment whatsoever.

Here are few actual working examples of the changes that WLTP has already highlighted

I have a Land Rover Discovery on order for a client which was initially ordered to coincide with his mid-September renewal date. This vehicle will be produced before the end of July, will not be certified to WLTP and therefore it MUST be registered 31/08/2018 at the latest. He isn’t ‘plate’ sensitive fortunately and happy to take it a couple of weeks early. It could have been a bit of a problem of course.

I have 2 x Lexus CT Hatchbacks that were ordered last month at which point the emissions under NEDC were 94g/km. They have since been WLTP tested and will come through with the new NED Equivalent 101g/km.

This has meant a slight increase to first year Vehicle Excise Duty which on this occasion Lexus have taken on the chin as timing was so unfortunate, BUT, the drivers will see a 2% increase in BIK.

Jaguar Land Rover have this morning announced that the Jaguar F Pace 2019 model year range has now re-opened for ordering, certified to WLTP with NEDC Equivalent emission figures. THESE ARE HORRIFIC. An example:

F Pace 2.0d 163ps RWD Manual

18 MY – 126 g/km

19 MY – 147 g/km (and 152 g/km with any alloy wheel upgrade)

The impact to driver’s clearly massive for this vehicle.

Relevant to Quotations Above

As time progresses, and hopefully almost daily, we will see the introduction of updated pricing and emission figures, but, at this point, save for the previously mentioned Lexus CT and Jaguar F Pace examples the good news is that the full BMW and Volvo rages are already certified to WLTP.

* This means that the BMW 5 Series figures are good to go, and we will not see any further change.

** The Mercedes E Class emission figures could change as they have yet to be tested. If they are like the BMW 5 Series, this will be around 5-7g/km, but we have no further indicative information, so this needs to be taken into consideration in your decision process.

I do hope that whilst this may be perhaps a touch mind numbing I have explained things in an understandable fashion but please do not hesitate to contact me if you/John would like to chat further.

 

Rochdale Business Club

What started out as a few business friends in a local pub evolved to having a logo and now I have a problem……. a fantastic problem but problem nevertheless…………people keep asking for a comeback!

 

Have you heard of Rochdale Business Club ? 

For over 2  years we met monthly at my cousins fantastic traditional pub the Hare & Hounds, on Bury Road, Bamford for a few drinks and bite to eat.  We had some fantastic nights and I believe incredible business relationships were formed in a laid back and informal environment.  Now a completely social get together isn’t everyones cup of tea but there are plenty of more formal organisations putting on networking events all over the area and there is a plenty of demand for this type of event.

Now I already run two businesses, have a young family and like to exercise 4 or 5 times per week so the simpler the better for me.  I appreciate that most small business owners rarely get to socialise and hopefully we can provide some fun and activities, combined with the possibility of some good contacts and let your hair down for a few hours on the doorstep of your office or home.   If you want to get involved with helping me organise the odd social event in and around Rochdale to bring people together just drop me a line robert@anthonyk.co.uk