The V4B Group has introduced daily hire company Absolute Car and Van Hire (ACV), in response to demand for short-term hire from vehicle leasing customers.

ACV will be based at the V4B Group’s headquarters in Wrexham. Vehicle leasing broker V4B was founded in 1992, and supplies over 2,500 vehicles a year.

ACV will offer rentals in range from single day up to 12 months. Small hatchbacks such as the Ford Fiesta will be offered in the region of £30 a day for a daily to weekly hire. Options available go up to luxury 4x4s such as the Volvo XC90, available for less than £100 a day for rentals longer than six months.

Customers will also be able to access a wide choice of vans including every length of transit, double-cabs, pick-up trucks and heavy-duty vehicles up to 7.5 tonnes.

Kayleigh Evans, short-term hire manager at ACV, said: “With more than 26 years’ experience in the leasing industry the V4B Group has proven experience and knowledge as a leasing broker.  Extending this knowledge to the short-term hire market will give customers reassurance that they are dealing with a reputable company.

“We aim to continue the impressive level of customer service provided by V4B within ACV, offering all customers an exceptional service.”

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Last month, quarterly leasing survey results released by the British Vehicle Rental and Leasing Association (BVRLA) showed a decline in the fleet leasing sector for the first time since it began compiling the report.