How Can A Professional Fleet Leasing Company Help Reduce Acquisition Costs?

The 1987 best seller “The Art of The Deal" has some great advice for companies requiring fleet leasing services. Included in the book’s 11-step program are tips like “maximize your options," “know your market," “use your leverage" and “contain the costs." These are all helpful when considering commercial fleet leasing companies, especially when it comes to containing your acquisition costs.

A professional fleet leasing company can use the leverage of its significant buying power to get you the best deal. When there is less capital outlay required to acquire your commercial fleet, you can maximize your investment by channeling dollars elsewhere. A professional fleet leasing company also knows the market, and can work directly with a manufacturer to factory-order your vehicles, ensuring you get only the options you require.

At the end of the day, understanding the art of using a professional fleet leasing company is a good way to trump the high cost of acquisition.

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Leasing Equipment From Your Vehicle Leasing Provider

Leasing versus buying. That is the eternal dilemma facing business owners. Is leasing vehicles the right decision? What about leasing equipment from your vehicle provider? Is it better to buy what you need to operate your business? There is no right answer, but there are smart choices to be made that can save you money. Leasing equipment and vehicles from a sole provider is one of those choices. 

Understanding the advantages a great vehicle or equipment lease offers is key. Take the open-ended leasing option for example. An open-ended lease can be a great advantage to any company considering commercial equipment leasing or vehicle leasing.

If you always lease, you will always have a monthly payment. That’s the reality of commercial vehicle and equipment leasing. However, this can help you keep up to date with the newest vehicles and equipment, and newer assets – whether it is a fleet of trucks, forklifts or large machinery – is much cheaper to maintain. 

A professional leasing company can instruct you on the many advantages of leasing vehicles and equipment that goes with them.

Vehicle Cycling Policy Explained

Every sports fan knows there’s a time when even the most durable athlete needs to retire. The same goes for commercial vehicles. When your duties include fleet management, you have decisions to make regarding your rapidly diminishing assets; implementing a vehicle cycling policy is a great way to manage the full cycle of your vehicle fleet.

Your goal is to maximize your fleet’s resale value. To do that effectively you need to consider the cost and eventual sale of your fleet during the purchase stage, ownership stage and selling stage. Fleet management requires you to make some very pragmatic decisions, like establishing your cycling policy based on vehicle mileage and usage, selling vehicles before they’re too expensive to operate. 

Choosing vehicles that have the right options for higher resale value is important; so is keeping your vehicles maintained over the ownership period. 

Your vehicle leasing partner can work with you on various strategies designed to help you sell for top dollar.

How To Get Rid Of Old Redundant Vehicles

“Out with the old, in with the new.” That’s a sage piece of advice for any business that understands the financial implications of keeping old, redundant vehicles on the ledger. Moving pre owned vehicles is never as easy as it should be without the expertise required to facilitate effective car disposal. That’s where working with an experienced fleet leasing company to facilitate the sale of your used cargo vehicles, cars, trucks and other pre-owned vehicles comes in. 

It’s only natural to want to get the highest return possible for the old cars and trucks your company no longer needs. Your fleet vehicle provider can help assess the true market value of the vehicles you want to move and dispose of them as quickly and efficiently as possible.

Understanding the Benefit of Vehicle Remarketing

You’ve got a fleet of vehicles in the yard. What you don’t have is the time or manpower to effectively remarket your unwanted vehicles. When it comes to vehicle remarketing, contracting the job to a professional vehicle leasing company is a smart way to gain a national audience of potential buyers. 

An experienced vehicle leasing company can help sell-off your vehicles by remarketing them through national vehicle auctions. There is no more engaged audience for your fleet of expendable vehicles than the buyers who participate in live nation-wide auctions looking for used trucks, cars and equipment. By making the auction part of their vehicle remarketing strategy your vehicle leasing company can help save your company both time and money. 

Before you sign any contract make sure the company you’re considering for your vehicle remarketing strategy has nationwide auction representation; this will ensure your for-sale vehicles will receive maximum exposure the first time through the vehicle auction process.