Industry Memberships You Should Look For in a Vehicle Leasing Company

Vehicle Leasing Company

Choosing a trustworthy vehicle leasing company in the UK can be a bit challenging. To help you weigh up all your options, you should consider checking their accredited industry memberships – these affiliations endorse a businesses’ compliance with the industry standards set by well-known organisations.

Find out if a vehicle leasing company is truly reliable by getting to know the organisations they are associated with:

British Vehicle Rental and Leasing Association (BVRLA)

 

BVRLA is the trade body for vehicle leasing and rental companies. Its members provide short term self-drive rental, leasing hire and fleet management services to corporate users and consumers. BVRLA also ensures that the regulations affecting its members in the UK and EU are unbiased and inspire competition.

Quality assured members

BVRLA administers the industry through quality assurance inspections and a mandatory code of conduct. Members of this association provide the best service that they can offer to potential clients, as they carry out sector specific codes of conduct.

Vehicle leasing advice and information

BVRLA keeps their members up-to-date with matters related to vehicle leasing. This can guide the members with the right solutions for their customers, ensuring a trouble free service.

BVRLA’s exclusive services

BVRLA’s products, events and services include:

  • Training
  • Seminars, forums and conferences
  • Publications
  • Electronic services (i.e. fraud prevention system and a vehicle mileage database)

Simply put, BVRLA breeds vehicle leasing experts – a very good reason why you should always trust BVRLA members!

Association of Car and Fleet Operators (ACFO)

 

ACFO is the UK’s leading representative organisation for fleet decision makers; they assist vehicle fleet operators to enhance the effectiveness of their business travel operations.

Opportunity to network

With great networking opportunities, ACFO members are exposed to insights and experiences of other fleet operators – these are invaluable, as they can also be considered for future approaches.

Enriching fleet management expertise

ACFO members are supplemented with adequate knowledge and practices regarding different angles of fleet management, including:

  • Controlling costs
  • Duty of care
  • Reducing CO2
  • Alternative funding options

Meetings, informed debates and training are regulated to develop the members’ proficiency. They are also notified early on ACFO’s dealings with tax issues and about the new regulations from their work with certain agencies.

Finance & Leasing Association (FLA)

fla

The FLA is a dominant trade body for asset, consumer and motor finance in the UK and Europe. This organisation helps its members to reinforce their workforce in the finance and leasing industry; it also raises concerns to authorities that are influencing their businesses.

Access to the latest industry growths

Members are provided with the essential information, which comprises of:

  • Statistical service involving market trends
  • Performance and economic analysis
  • In-depth sector research

Nurturing a competent workforce

Throughout the year, FLA provides courses to cultivate the members’ workforce. Some of the in-demand courses are:

  • Intermediate Leasing
  • Introduction to Consumer Credit
  • Consumer Law for Motor Finance Providers

With extensive opportunities for partnerships, networking and sponsorships in both local and international events, members become more proficient and credible in providing their services.

Members also sign to either the FLA Lending Code or the Business Finance Code, which guarantees that their potential clients are availing finance services from a trustworthy firm.

The Society of Motor Manufacturers & Traders (SMMT)

 

The SMMT is an organisation that upholds the interests of the UK automotive industry. As prominent representatives, they advocate their position to the government, stakeholders and the media.

To make the motor industry live up to its capabilities, SMMT tackles important matters that affect the sector, including:

  • Competitiveness
  • Consumer protection
  • Education and training
  • Environment
  • Globalisation
  • Legislation
  • New technology

Members are granted access to up-to-date information, products, services and professional advice offered by SMMT. As promised by SMMT, they are also refined with a competitive edge to provide their customers with an exceptional service.

ALD Automotive is proudly affiliated with all the above mentioned organisations – we are the vehicle leasing and fleet management experts, after all! With any enquiries, please call 03700 011 181.

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