A NEW
ALTERNATIVE TO TRADITIONAL
CONTRACT HIRE.
MAGM FlexOwn™
Contract hire works well for a lot of operators. But more of our customers are asking for something else: certainty. Predictable costs while they're running the vehicle — and something to show for it when the agreement ends.
MAGM FlexOwn™ is a fully managed lease that ends with you owning the asset — not handing it back. One fixed weekly cost for the life of the agreement, and the vehicle is yours when it ends.
Five Simple Steps, From Sourcing The Asset To Owning It Outright.
01
Source
We supply the asset — new or used. Truck, trailer or van.
02
Fund
You pay one fixed weekly rental. Predictable from day one.
03
Maintain
Full MAGM Repair & Maintenance, or maintain it yourself — your choice.
04
Own
Ownership transfers to you at the end of the agreed term.
05
Continue
Stay with MAGM R&M or bring maintenance in-house.
Either way, it's your vehicle now.
Built Around Your Fleet
Available on new and used assets across your operation. Specialist asset? Talk to us.
Choose Your Term
Every agreement is tailored to your business. Whatever the term, the rental's fixed and ownership transfers on the date agreed at outset.
Typical terms:
Maintenance That Doesn't Stop At Ownership
Ownership doesn't mean you're on your own.
During The Agreement
-
Full MAGM Repair & Maintenance
-
Or maintain it yourself
After Ownership Transfers
-
Stay with MAGM Repair & Maintenance Support, PMIs, MOT preparation, compliance, breakdown support, workshop management, parts, labour and tyres (optional).
NO HANDBACK.
NO DISPUTES.
NO SURPRISES.
Traditional Contract Hire
Low capital outlay
Handback inspections
End-of-contract damage recharges
Excess mileage charges
Vehicle goes back
MAGM FlexOwn™
Low capital outlay
No handback, ever
No damage disputes
No excess mileage charges
You own the vehicle
Optional maintenance, before and after ownership