Asset Alliance Group

asset-alliance-group-logo-white.png

Boundary Industrial Estate

Fordhouses

Wolverhampton

WV10 7EL

United Kingdom

About & Service

About Us

Asset Alliance - Newmains

As one of the largest independent sellers of new trucks and used trucks in the country, Asset Alliance Truck and Trailer Sales can provide a huge range of services to make the buying process as straightforward as possible. They have sites in Wolverhampton, Lanarkshire and Ipswich and are able to provide repair and maintenance services, customisation, refurbishment and general servicing of all makes and models of vehicle. The Asset Alliance Truck and Trailer Sales group also includes the former businessese of ATE Truck and Trailer Sales, which operated for more than 25 years, as well as Hanbury Riverside – with more than 35 years of experience in the used truck marketplace.

They sell a wide range of high quality used trucks from makers including Volvo, DAF, Scania and Mercedes-Benz trucks. There is also a sizeable choice of both rigid and tractor units, so you can get anything from a Scania R-series or a DAF XF down to a Merecedes-Benz Antos or a MAN TGS. In addition to their heavy truck sales, Asset Alliance also sell a large range of trailers from manufacturers including SDC and Montracon, with a choice of curtainsiders or more specialised equipment like refrigerated trailer units or step-frame machinery trailers. Lawrence David, Krone, Gray & Adams and Schmitz Cargobull are just some of the makes you’ll find in their extensive stocklist.

Asset Alliance also export to more than 60 countries across the world, and provide a range of other services to help with the buying process, particularly in the area of truck finance. Asset Alliance are specialists in asset finance and can offer a number of finance packages with contract hire, operating lease, flexihire, spot rental, finance lease and hire purchase all available – click on the services tab to find out more.

With contract hire packages, Asset Alliance can also offer a fleet management service, covering maintenance and servicing as well as other important aspects of running a fleet such as fuel management, accident management and overall fleet efficiency.

See also: Hanbury Riverside, a leading tractor unit sales specialist and part of the Asset Alliance Group.

Services

CONTRACT HIRE
A contract hire agreement is over a fixed-term and includes a number of maintenance options to suite the working needs of the customer. Asset Alliance retains ownership of the vehicle and the end-of-life risks. Contract hire is an off balance sheet arrangement and therefore has no capital tie-up. It allows for particularly accurate budgeting and is often a tax efficient way for businesses to finance their trucks and assets.

OPERATING LEASE
Spanning a fixed-term, operating leases are a popular finance method that includes the option to buy or extend the lease at the end of the contract period. Operating lease is the opposite to contract hire in that it offers no maintenance or basic asset management. There are tax benefits though, as the lease allows you to deduct its costs as an operating expense.

FLEXIHIRE
Flexihire is Asset Alliance’s own rolling 12-month rental contract. It is a type of operating lease but contracted over a shorter period. These loan arrangements are typically structured to support businesses that need their fleet size to increase or decrease according to specific contracts and their own fleet management needs. A short term rental therefore reduces the risk of taking a longer three to seven year contract on the asset.

SPOT RENTAL
The simplest, most short-term needs can easily be met with Asset Alliance’s spot rental service. With no minimum rental period, a spot rental is ideal for when a vehicle is off the road, as well as fill a much-needed gap in the event of a short term or unexpected contract opportunity.

FINANCE LEASE
A finance lease from Asset Alliance is calculated across the total remaining cost of the asset returned at the end of the agreement and upon sale of the vehicle as a “rebate of rental”. Monthly repayments are generally higher which may provide greater tax efficiencies when deducted from annual expenses, especially as the rebate is received at the end of the contract – which can then be typically reinvested in the next hire or purchase of a new asset.

HIRE PURCHASE
If you want to end up owning the vehicle and assume all the costs and responsibilities for maintaining it yourself then hire purchase is option to take. It is an “on balance sheet” cost which means VAT must be paid upfront but you can deduct the capital costs which can suit some businesses.

FLEET MANAGEMENT
As well as providing a range of finance offers, Asset Alliance also has a fleet management option for its contract hire customers. An outsourced management service can be incorporated into your finance package to make sure that maintenance and safety compliance are all in place. The fleet management option also covers fuel management, servicing, accident management, charging and overall efficiency monitoring. The Asset Alliance fleet management services is there to keep fleets and drivers legal and efficient on the roads.