As your business expands as it expands, you could be required to offer additional products, move additional equipment or employ new sales representatives to meet with many more customers. If the requirements for your business’s vehicles rise, you’ll get savings on costs if you purchase all of your vehicles in one go all from one source. In the field of automotive it is referred to as Fleet Vehicles.
Fleets Small and Big
In the past, you required 10 cars at once in order to be eligible for discounts on fleets. In recent times certain dealers have started providing more flexible Fleet Vehicles programs and you should look into fleet buying even if you’re planning to purchase only three or four vehicles. If you require a variety of kinds of vehicles and models, you could be unable to qualify for a fleet price, since the majority of fleet programs are based on the purchase by a business of many models of one model.
Numerous major companies offer fleet purchasing plans which include Ford, General Motors, and Nissan. Certain manufacturers offer buyers access to local experts in fleet for more information about their fleet programs, whereas others might post information about the fleet programs on their sites.
Certain makers restrict the types of vehicles available through bargain fleet buying deals. Check out and compare deals before making a purchase decision and weighing carefully the kinds of vehicles that can serve your business best.
Many businesses rent their vehicles for fleet use rather than purchasing them. If you’re planning to lease your fleet, study lease options in depth to ensure that you understand how leases work and what options you have after the leases expire. Certain companies offer assistance with leasing out fleet vehicles when leases are over, an excellent benefit that could prevent your company from ending up with a large garage filled with older vehicles years later.
The pros and cons
The idea of purchasing a vehicle fleet for your company might sound like a great idea however it is a significant costs. In addition to the expense of purchasing or leasing the vehicles take into consideration how you will ensure that the vehicles are running smoothly and in good shape. You’ll likely need to place an employee already on the task of managing your fleet or employ a fleet manager to handle periodic maintenance and cleaning and repairs to your vehicles. Make sure you factor this into the total cost of your fleet acquisition project.
Compare the costs of getting the vehicles via leasing or purchase versus giving employees the opportunity to use rental vehicles when they drive frequently. It is possible to incur costs for keeping all cars in safe area. It is also necessary for the company to insure the vehicles to safeguard itself from accidents risk that could ruin the company’s assets. Take a careful look at whether your company really has enough driving that is sufficient to cover the expenses associated with having an own vehicle fleet.
The positive side is that having a fleet of vehicles available is an advantage for employees who could find it beneficial to to rent a vehicle at the office lot and not have to travel down to a rental company. Another advantage is that you can place your logo on every car and create a continuous advertising campaign that can help increase your brand’s recognition and allow your company to attract new customers. If employees drive identical models, the cars can aid in creating a brand identity for your business in your principal markets.
