Asset Management can mean different things depending upon the context and the industry. In Faamco’s case, it encompasses all the processes and procedures that we can offer a customer to assist with the End of Lease, Return Management and Used Vehicle Sales.
The return of a vehicle to a manufacturer or leasing company can be a substantial profit opportunity for them and an administrative and costing nightmare for the customer. Likewise, should the customer own the asset, managing the resale to market and ensuring a top valuation can be an unnecessary distraction from core business. So whether as the customer you need to minimise the vehicle return costs or maximise its resale value, we can use our experience and tailored software to your benefit.
Of course, if the vehicle being returned is subject to an Faamco controlled operating lease, then End of Lease and Return Management will be included automatically.