How Sale and Leaseback is a Good Way to Finance and Manage your Business Fleet

Sale and Feedback is the process of selling your owned vehicles to a fleet leasing company, and then lease the vehicles back from them for a reasonable monthly payment. This is one of the cleverest car leasing options to handle your business fleet. It frees up your business’s capital and improves cash flow, and at the same time eases your management team from the responsibilities of fleet management and maintenance.

Like any other business owner, you may wonder how exactly this method is beneficial to your business in the long term. Sale and leaseback offers you a quick way to release the capital held up in your fleet management budget and pump more cash into the ongoing projects that require immediate investment. This is especially useful when you are pinching for cash to handle your new or ongoing projects.

In addition to the advantage of releasing capital, by choosing to sell and leaseback your vehicles, you can stop worrying about the vehicles’ depreciating value. Now that you have improved cash flow, you can rethink your business’s funding strategy according to the current requirements. With the car leasing company under control of the management and maintenance of your fleet, you can pay a small fixed amount every month and use your vehicles at ease, free from all worries of repair and servicing expenses.

At the end of the contract, you don’t have to worry about the vehicle’s resale value as it comes under the car rental company’s risks. After the disposal of the current vehicles, you can renew the contract and get your business fleet restored with new and efficiently managed vehicles. Reputed Fleet services like ALD Automotive also offer helpful services like handling fuel management, accidents and 24 hour on-road assistance. Sale and Leaseback is clearly a win-win deal for any business with vehicle fleet.

What are the Services you should look for when Choosing a Fleet Leasing Company

Leasing your business fleet definitely makes more sense than buying the vehicles, but you should be careful in choosing the right car leasing company that gives the best value for your money. When leasing in India, you should assess the different fleet management services offered by the company before signing the deal. A reputed car rental company offers a number of services ranging from maintenance to 24/7 on-road assistance. Look for the following services when you choose a fleet leasing company:

Maintenance

A reputed fleet leasing company frees you from the hassles of fleet maintenance and management by employing an exclusive team of professionals to handle all the maintenance and repair needs of your fleet. Look for a company that offers an extensive maintenance package for your fleet.

Tyre Safety Management

Tyres have a major influence on a vehicle’s safety, fuel consumption and driving risks. Responsible fleet services have a team of experts to assess the condition of the tyres and equip each vehicle in a fleet with the safest and most fuel-efficient tyres. This usually comes under your fleet’s management service.

Instant Replacement Service

The timeliness and mobility of the employees are of paramount importance to any business. Choose a service that offers you instant replacement in case of breakdowns or maintenance so that you can keep up the efficiency of your employee’s mobility and performance.

Fuel Management

Choose a fleet service that offers an exclusive system to analyze your fleet’s fuel requirements and suggest the right vehicles and driving techniques to ensure maximum fuel efficiency for your fleet.

24/7 On-road Assistance

Always go for a car rental service that offers 24/7 on-road service, so that if a car breaks down on the way, your employee can get quick repair assistance and a replacement car if the repair takes too long.

A good car leasing company keeps your comfort and ease-of-use its top priority. An experienced fleet service like ALD Automotive has a dedicated team of professionals to handle the maintenance and repair of the cars in your fleet so that you can invest your valuable time and energy in other core areas of your business.