David Hurley

Merrion Fleet Management was established in 1999. We are Ireland's largest independent fleet management company. We pride ourselves on exceptional customer service and competitive pricing. Fleet Management Fleet Management is a complete vehicle management service that enables companies to cut down on paperwork, administration time, and capital expenditure while at the same time maximising their vehicle fleet's productivity. There are many benefits, mostly cost & time savings, but also peace of mind. • You benefit from the purchasing power that Merrion Fleet negotiates and passes directly on to our clients • All motoring costs are amalgamated into one monthly invoice and accompanied by a detailed cost analysis • Your drivers are no longer distracted by maintaining or sourcing their own vehicles and motoring costs are no longer processed through expenses which makes it easier to manage and budget costs. • Because vehicles are our business, we are at the forefront of driver safety developments, new vehicle specifications, and as a client you can be assured that every vehicle in your fleet is the best suited for your requirements which leaves you free to concentrate on growing your business. Contract Hire There are a number of varieties of leasing, but contract hire is the dominant type used in Ireland. Contract Hire allows you to fix your monthly lease rental based on a pre-agreed term and mileage. Your monthly payments are based on the difference between the cost of the vehicle after discount and the residual value, i.e. What the vehicle is worth at the end of the agreed term. You are essentially funding the vehicle's depreciation. In this case you are not opting for ownership of the vehicle; it is returned at the end of the lease. The benefits to companies are; fixed monthly payments, the asset is off balance sheet and is treated as a rental rather than a depreciating asset. There is also no residual risk at the end of the term.