Friday 4 October 2013

Benefits of commercial vehicle leasing


There’s and entrepreneur hidden inside each one of us. We have various business ideas in our mind. Some start ups are minor which require limited resources, while some ideas may require huge investments including a number of vehicles for the operation. Funding a fleet of vehicles is not a piece of cake. It soaks a large portion of our investment.
Commercial vehicle leasing is perhaps the best way to equip your business with the cars or vans required for that particular business. There are many benefits to leasing.

The Benefits of Commercial vehicle Leasing

Access to working capital – funding vehicles off balance sheet removes the burden of owning ageing assets and frees up working capital to fund growth.

Reduced risk – Vehicle leasing companies carry all vehicle residual risk and you just sign a contract for a new vehicle at the end of the contract term.

Access to discounts– vehicles are bought in bulk from the manufacturers resulting in huge discounts to the leasing companies. Companies pass on the discounts to its customers. This access to discounts also includes savings on tyres, parts and other equipment

One easy payment - one fixed monthly lease rental covers all maintenance and leasing costs over the life of the lease.  This removes cash flow spikes enabling budgeting to be easier as well as simplifying accounting.
Reduced administration time and costs – with monthly rental payments incorporating all invoices from suppliers, company vehicles can be bought, managed and disposed of efficiently and cost effectively.

Specialized maintenance and technical support – some leasing companies in India also provide the service of fleet management to its customers. It includes maintenance of the vehicles which is carried out by dedicated and highly experienced fleet management team.  This ensures that all servicing and repairs are handled in accordance with manufacturers’ standards.

To know more about commercial vehicle leasing, visit www.aldautomotive.in now.