Hitachi Capital Driving Instructor Solutions has launched a new flexible leasing solution aimed directly at provisional driving instructors (PDIs).
The market leading supplier of new dual-controlled cars to driving schools and instructors is now helping PDIs get on to the road in a brand new car and start building a diary of lessons to help them recoup the initial outlay of driving instructor training with a no-risk flexible leasing contract.
With the training to become a driving instructor costing upwards of £1,000, PDIs are keen to build experience, customers and revenue as quickly as possible having passed their part one and two exams.
Once a trainee driving instructor has passed their part one and part two exams, they are entitled to a trainee driving instructor license, classifying them as a PDI, which allows them to start teaching whilst working towards their part three exam and becoming an approved driving instructor.
However, Hitachi Capital was noticing a reluctance by PDIs to commit to a long term lease; in the unlikely event they did not pass their part three exam. The solution was a flexi-lease contract of 12 months with the option to hand the car back after month seven without charge.
Available on all makes and models supplied by Hitachi Capital, the new flexi-lease has mileage options available from 20,000 per annum, requires customers to have passed both part one and two exams, is subject to credit check and includes a £300 plus VAT cost which can be paid up front or split over the initial seven months, helping to reduce the risk for the newly qualified PDI.
Chris Tarry, general manager at Hitachi Capital Driving Solutions, commented: “We’re listening to our customers and recognised the need for a flexible option for trainees working towards their last exam whilst building up a diary of lessons.
“Another significant benefit of partnering with Hitachi Capital is that we will fully maintain the car, so our PDI customers can concentrate on starting, building and running a successful business without the added complication of worrying about servicing, repair and maintenance.”