Asset Management & Disposals

Over the years we have amassed both a huge degree of asset knowledge and gained a network of contacts in various UK and International export disposal routes. Where we can genuinely assist your business, is if there are any vehicles that need to be moved-on as they may be surplus to requirements due to the age and condition, or perhaps due to the unforeseen loss of a contract or a fleet restructure. If the asset(s) are on finance, we can liaise with the finance companies to assist with managing either a novation of the finance agreements into our own client base, or we can obtain settlement figures for Advance to then sell the vehicles either to an end-user, dealer network, auction-house or by export. If the objective from the outset is to mitigate any future losses or achieve a profitable upside we will always work with you to find the best solution.

On the ground, we have access to heavy haulage removal services and secure storage facilities. In this case, we can act very quickly if we are required to locate and retrieve any commercial vehicles in a distressed situation and manage an onward sale in accordance with good practice and safe management of the assets. Being an independent intermediary we are perfectly positioned to exercise our professional impartiality with sound judgement to remedy any arising disputes on return condition charges due to incorrect apportionment of mileage pooling clauses, accidental damage or fair wear and tear. We have access to various stock-lists from finance companies who are looking to sell returned assets from their portfolio. In this case, we can arrange new finance on repossessed assets either with the existing finance company or ourselves. 

To find out how Advance Finance & Leasing could help to potentially dispose of some of your commercial vehicles, please get in touch at enquiries@advanceleasing.co.uk