Many companies may be able to make a better financial deal where their end-of-contract cars are concerned than is currently the case, according to a recent article in Drive Talk. The opportunity lies in offering these vehicles to their previous drivers or to others in the company who may well be interested in a recent used car rather than a new one, and a car which comes with an impeccable service record. The price window is situated between the lower price a company may expect to get from the traditional auction solution, and the higher price the car will eventually fetch on a dealer’s forecourt, meaning both parties win. On top of this, company car drivers who may decide to leave the scheme for tax or other reasons, would have the option of purchasing a vehicle from a higher category, thus trading up.

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