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Whether you need to get employees to business meetings or products to customers, you may be considering company cars to simplify the process - and boost brand awareness in the process. However, buying a fleet of corporate vehicles outright can be an expensive commitment. So, for many businesses, the popular choice is fleet leasing.
At Rivervale, we are proud to be the number one ranked vehicle leasing company on Trustpilot.
But how does fleet leasing work, and what are the benefits?
The term ‘fleet leasing’ refers to the leasing of a group of vehicles. Most commonly, this service is used by businesses seeking good rates and minimal maintenance. Whether your company requires five vehicles or 5,000, fleet leasing is the most economical and hassle-free option.
A fleet lease vehicle is a vehicle owned by a leasing company and leased to a business as part of their fleet (group) of vehicles. Fleet leasing allows a corporation to use a number of vehicles for a set lease period with monthly payments.
These vehicles can be used by employees, delivery drivers and so on for business use, and sometimes personal use, too. Once the lease period has ended, the cars are returned and can be updated with brand new cars, should the company decide to continue with a renewed fleet leasing contract.
This can include car leasing or van leasing, depending on the company’s needs.
Leasing a fleet of vehicles is much more simple than it might seem. Follow our step-by-step guide to find out how to lease a fleet of cars.
Find out if your company would qualify for a lease deal with our simple guide to business leasing eligibility.
There are numerous benefits of fleet leasing your company vehicles. The specific factors that apply to your company will depend on the type of business you run and your unique needs. However, the main reasons to consider fleet leasing are:
You can find out more about the perks of vehicle leasing in our guide to the benefits of business leasing.
When you’re deciding whether to go ahead with fleet vehicle leasing - and choosing which plan is right for your business - there are several factors to take into consideration. Here are a few aspects to consider:
One of the primary benefits of fleet leasing is that there is less risk of extra cost or inconvenience should one of your vehicles encounter a fault. However, fleet management is still an important part of any company vehicle system, whether owned or leased.
Luckily, at Rivervale Leasing, we offer tailored fleet management services, allowing you to focus on your core business tasks. Our expert fleet management professionals work to offer you a range of solutions, including:
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