News

Mar 22, 2017, 12:00 PM
The three-year/60,000-mile contract hire lease, which for decades was the fleet industry standard, is becoming less significant as companies look for greater flexibility, according to Meridian Vehicle Solutions. Phil Jerome, managing director, said: “There are several factors behind the slow death…
Apr 3, 2017, 10:19 AM
Meridian Vehicle Solutions is among the first medium term rental companies to offer the new Volvo V90 estate. Available on leases from 3-6 months, it is priced from around £400 per month excluding VAT on a 1,000 mile per month basis.
May 2, 2017, 4:01 PM
Much has happened in the five years since we last visited Club Class Chauffeurs' head office in Sussex. The company has transformed itself from an ambitious local operator to a major player with almost national coverage. And it has done this through taking an original highly innovative approach to…
May 2, 2017, 4:11 PM
A new report from economic forecasters Oxford Economics has found that, from April, the rental sector's overall first-year Vehicle Excise Duty (VED) bill will rise by 400% - from £11m in 2016 to £55m in 2017, with the inability to claim back over-paid tax responsible for £14m of this. The report,…
May 2, 2017, 4:33 PM
The traditional three-year/60,000-mile lease is becoming less and less significant, as companies are looking for more flexible solutions, a rental company has claimed. According to Phil Jerome, managing director of Meridian Vehicle Solutions, the leasing market has become more adaptable to the…
May 2, 2017, 5:04 PM
Fears of an economic slowdown following the UK's decision to leave the European Union could lead to a boost in businesses renting vehicles this year. That's according to Meridian Vehicle Solutions, which said the possibility of a downturn could make businesses choose more flexible vehicle…
May 4, 2017, 4:21 PM
Companies have long been vexed over the issues of providing quality cars to starters during probationary periods, to staff on fixed term contracts and as cover cars ordered on extended lead times. Solutions have been created in recent years through the growth of medium-term car hire offerings from…
May 4, 2017, 4:33 PM
The daily rental industry is learning the value of defleeting stock in ready-to-retail condition in order to maximise returns, says Meridian Vehicle Solutions. Phil Jerome, managing director, at Meridian Vehicle Solutions, believes the sector is increasingly putting more effort into ensuring cars…
Feb 15, 2017, 3:33 PM
Diesel, petrol and hybrid versions of the BMW 5-Series are to be offered by medium term rental specialist Meridian Vehicle Solutions – the first time it has made available all three fuel types of any model.
Jan 8, 2018, 12:20 PM
Russell Brooke has been appointed as the first ever remarketing manager at medium term rental specialist Meridian.
Mar 5, 2018, 5:23 PM
A move towards thinking about fleets as just one element in general mobility strategies is helping to power interest in medium term rental among corporate employers, says Meridian Vehicle Solutions.
Apr 26, 2018, 9:25 AM
Plans for the launch of a new prestige medium-term rental fleet later this year have been announced by Meridian Vehicle Solutions.
Jun 5, 2018, 11:45 AM
Some fleets are turning to medium-term rental as a way of managing the uncertainty that currently surrounds WLTP and company car taxation.
Jul 3, 2018, 12:40 PM
Demand from dealers for nearly new stock is increasing thanks to long waiting times for many new cars, reports Meridian Vehicle Solutions.