Vehicle Leasing franchises in the UK

The vehicle leasing sector is thriving thanks to several trends that are likely to persist.

Larger operators are best placed to capitalise, making car hire franchises the best – or maybe the only – route in for aspiring entrepreneurs of ordinary means.

What’s out there?

Motor Republic, for example, leases millions of pounds worth of vehicles every year – with “practically every automotive make and model available” – through a range of leasing solutions. As a franchisee you’ll generate business – much of it recurring revenue – from both consumers and local businesses.

The company, which has traded for more than two decades, says it offers deals with low monthly payments, while head office liaises with financial providers and negotiates special offers with manufacturers.

Boasting 30 years in the trade, 150 locations and a 3,000-plus-strong fleet, Practical, is another leasing company of considerable pedigree.

A five-year franchise agreement – with no renewal fees – entitles you to a three-day training course, ongoing support from an experienced business development manager and a web page and booking facility dedicated to your territory.

Franchisees of Driver Hire, which began franchising in 1987, recruit drivers and logistics staff on behalf of customers including multi-national freight companies, builders’ merchants, parcel carriers and local authorities.

The vehicle leasing industry is well placed in the franchising world, so if you believe that you have the traits, experience and passion to operate a car hire franchise, then this may be the business venture for you.