When your office needs furniture, fast, furniture leasing can be one of the smartest choices in your options. Buying office furniture is a big investment. Desks and chairs are surprisingly expensive when bought en-masse to supply a team.
More people with businesses are enjoying the benefits of leasing a car under their business name rather than their personal credit profile. Leasing a vehicle offers a wide selection of advantages and serves as an excellent alternative to financing a vehicle.
It is a common misconception that it's always better to own equipment rather than rent it. This is true if you will use the equipment often, if the equipment will more than pay for itself in utility, and if the equipment costs very little to maintain.
When you're in the market for a new vehicle or fleet of vehicles for your business, leasing instead of buying might not be top of mind because you've heard leasing horror stories in the past.
As a fleet manager, dealing with a small fleet is a significant challenge. First, you've to ensure that all the vehicles are in the best shape to meet the customers' needs.
Some local businesses need to improve their vehicle fleets throughout the year. Purchasing and maintaining a growing number of vehicles can be expensive, especially if it requires you to keep hold of these vehicles.
Are you always behind on license renewals and registrations, unsure of which vehicles to dispose of and which ones to keep, or you simply can' understand how your fleet consumes so much fuel?
Traditionally, insurance companies must cover all the repair expenses after an accident. However, your losses might go beyond scrapes and minor dents on your car's bodywork. An interested buyer might not be willing to pay the money he would pay for a similar fleet vehicle that hasn't been involved in an accident.
There are several misconceptions about leasing that you might use to improperly justify paying cash to acquire a new car. In reality, leasing is an investment tool that allows you, without immediately giving away a large number of your own funds, to have a modern and high-tech vehicle.
A full-service lease can be pretty tempting when you are looking to build a stable annual fleet operations budget. But is it the best bang for your buck?