Tag: commercial fleet financing

Why Transparency Is So Crucial When Getting Your Leased Vehicle

Posted on by gffdev

Transparency is a trait that more and more businesses tend to adopt in order to attract the trust of their clients. Leased vehicle Colorado commercial fleet financing requires transparency for a number of reasons:

1. You have to know what the company is doing with the vehicles before you decide to invest in them as some of the main tools you’ll be using to promote and expand your business. Failure to get the right intelligence can end in disaster.
2. Transparency helps you suggest better solutions and actions that the company can take, which will directly or indirectly benefit your business and provide you with better features and upgrades that will come with future vehicle leases.
3. Transparency also provides you with a better overall idea on what you’re actually spending your money on. A lot of leasing companies are not too forthcoming when it comes to the terms of their leases and any hidden fees they might require you to pay. That is why, the companies that do take all this into account and really support their customers are the best in the industry.

commercial fleet financing

If you want to work only with the best vehicle leasing providers in the business, consider transparency one of your main selection criteria. It will be well worth it once you have your own dependable fleet of vehicles.

How Will Leasing Commercial Cars Save You a Lot of Money?

Posted on by ALAdmin

Are you interested in leasing commercial cars? Maybe you have a new business that provides services that require your drivers to be sent to remote areas quite often. Depending on the demands of your business, leasing an entire fleet of cars might also be on the agenda. But how will that truly benefit you in the long run, and how much money can you really save?

Save with colour confetti. vector paper illustration.

Leasing cars from a professional cost effective commercial fleet financing company will save you a lot of trouble from the start. You won’t have to take care of any of the repairs – as you would, if you had purchased your own fleet of vehicles – and if a car breaks down, you can have it replaced without much fuss. It’s very easy to calculate how much money it would cost you to buy your cars, perform all the repairs yourself and purchase new ones when they break down. If you compare the total amount with how much you’d pay to lease commercial cars over that period, you’ll find it’s much more convenient and affordable to lease.

Of course, there are still potential pitfalls. For instance, if your driver damages the car, you might have to pay for it. However, when you consider your bottom line and how much profit leasing a fleet of high quality, brand new cars can bring you, that risk is worth taking.

Should My Business Have Corporate Cars?

Posted on by ALAdmin

If you rely on a vehicle fleet for carrying out your corporate activity, you have two options for getting the vehicles that you need: you can buy them or you can lease them. Each option comes with its own benefits, so here are a few aspects to bear mind before making any decision related to fleet ownership.
capital expenditure fleet vehicles
Capital-related Aspects
Buying the vehicles for your fleet is a huge investment that will give you ownership rights, but will also require you to handle tax issues, insurances, repair and maintenance issues. If you decide to lease the vehicles, you will have to pay a much smaller sum. The titles for the leased vehicles will not be transferred to your company, but you will not need to handle taxes, insurances, repair and maintenance costs either, what’s more, you will be able to renew your entire vehicle fleet when the lease period is over. You can look at cost effective Denver CO commercial fleet financing to see cost consideration benefits of both buying and leasing.
Downtime
When buying their fleet, most companies look for used vehicles to reduce the investment. Used cars need more attention and they break down more frequently – an issue that does not exist with leased cars. If you decide to lease your vehicle fleet, you will have access to new cars and the latest models that offer superior fuel-efficiency and spend much less time in the mechanic’s garage.