How to finance your fleet
Here at Zenith, we offer a range of fleet financing options so that we can deliver flexible, tailor-made solutions that drive our customers’ business operations forward.
So, whatever you’re preferred fleet funding method, we’ve got you covered.
Contract hire
The reduced risk, easy way to fund your fleet with no upfront outlay and no hassle, all for a fixed monthly cost.
Contract purchase
A flexible alternative to Contract Hire with the option to retain the vehicle at the end. We’ll even provide an optional maintenance service and handle the admin.
Sale and leaseback
Free up valuable capital by selling your vehicles to Zenith. We'll manage and maintain your fleet, so you can concentrate on your business' operations.
Personal contract hire (PCH)
New car, no fuss. Personal contract hire is the simple, easy and flexible option for your employees
Outright purchase
Up-front purchase of vehicles direct from the supplier, facilitated by Zenith, using either your internal funds or alternative credit lines.
Finance lease
A range of end-of-term options, flexible monthly repayments, and no end-of-contract charges.
Whole life cost
Our whole life cost methodology helps you understand the actual cost of running a vehicle - not just its on-the-road price.
Fleet funding FAQs
Vehicle leasing allows businesses to gain access to a vehicle without purchasing it outright. The company pays a fixed monthly rental for a set term, based on mileage and vehicle value.
At the end, the vehicle is returned to the leasing provider. This helps businesses control cashflow, reduce capital outlay, and access newer, more reliable vehicles.
Leasing preserves working capital, provides predictable monthly costs, reduces administrative burden, and avoids disposal risk. Businesses also benefit from access to newer vehicles with better fuel efficiency and lower emissions.
Cars, vans up to 3.5T GVW, and in some cases specialist conversions, can be leased. Vehicles above 3.5T usually fall under HGV regulations and have different funding models
Zenith provides a website for customers to configure their vehicles in line with their specific policy guidelines. This is in collaboration with the support of our Account Management team who will manage the vehicle orders. Once a vehicle is chosen, the order is placed with the manufacturer or dealer, and Zenith manages the process until delivery.
Business lease contracts typically range from 24 to 60 months, with 36 or 48 months being most common.
Yes, Zenith can offer formal or informal extensions on leased vehicles. Typically, informal extensions are up to 3 months. Extensions can be short-term or until the delivery of a replacement vehicle. Formal extensions would normally be requested for periods of 3 months or longer so long as the maximum vehicle age and mileage does not exceed 5 years or 150,000 miles.
It’s a contract where servicing, MOTs, tyres, and breakdown cover are included for a fixed monthly fee.
Yes, the lessee must provide fully comprehensive motor insurance, or the equivalent level of cover if a company is ‘self’ insured – often with third-party liability underwritten through a separate held policy
The business covers fuel costs. Fuel cards may be provided as part of a managed fleet package.
Yes, Zenith offers a wide range of EVs and plug-in hybrids.
Employers have a duty of care to ensure vehicles are roadworthy and drivers are fit and licensed. Vehicles must be taxed, have an in-date MOT, and serviced on schedule.