8 Reasons Why Fleet Leasing Is Valuable for Your Business

Have you been considering fleet leasing for your business? It’s a great option for companies with any size fleet. Many factors contribute to the benefits, but here are some of the best reasons why it’s a valuable and smart choice.

1. Welcome flexibility

How often would you like new vehicles? Most fleet lease terms are three to five years. So you have the option to switch out to different vehicles with less liability. That flexibility is priceless as your business or its needs change, grow, or completely pivot.

2. Tax benefits

Leasing allows for tax costs to be spread over the course of months of the entire term, as opposed to all at once. 

3. Conserve capital and help your bottom line

The lower monthly payments of fleet leasing compared to a financed purchase or a large upfront purchase allows your company to conserve capital. That capital can be used elsewhere and help your bottom line.

And the best part? The company gets to take new vehicles to the road. 

4. Lower spend on maintenance and fuel

Leased vehicles don’t get the chance to become old or super worn-out because of their relatively short term use. Newer vehicles have less maintenance visits, other than preventative appointments of course. And the same goes for saving at the pump because fresher models achieve better fuel economy compared to older vehicles.

Both maintenance and fuel costs are slashed even further with electric fleet vehicles because of less moving parts (goodbye oil changes) and low electrical charging costs (hello pennies per mile).

5. Tap into national leasing programs

National fleet programs aren’t just for ownership, they are for leasing too. You’re not left out from the benefits of available incentives, warranties, programs, and rebates.

We work with a network of manufacturers and are brand-neutral. This means we can provide side-by-side manufacturer comparison quotes so you can determine the best value and/or availability. 

6. Customize your wheels

Did you know that you can custom order fleet vehicles for leasing too? Sure, building vehicles takes a couple months before they're in your hands. But the little bit of planning ahead has huge rewards. 

You can get exactly the details and specs you need which means that you’re not paying for unused features. Plus you can forgo the advertising fee manufacturers automatically add (usually about 2% of MSRP) by ordering factory direct.

This is in addition to any available national fleet program discounts!

7. Elevated image and experience

Your company reflects part of its image depending on what it drives, especially if your rides are customer-facing. And newer models can express success. 

Really though, it's not all about the show. An updated model can provide the latest comforts, technology, and safety features for you and your employees.

Sedans, executive cars, SUVs, box trucks, pickup trucks, vans, and utility vehicles can all be leased.

8. Leasing plans made for businesses

You might think that a fleet lease would be too expensive to make financial sense if your vehicles tack on a lot of miles. That’s not necessarily true. While there are low or medium mile lease options, there are also plans that allow for high and even unlimited miles. 

You can also choose an open-ended option. So the residual value remains accurate throughout the lease.

Should your business lease?

As we covered, fleet leasing has many desirable benefits. But it may not be the best route for all company vehicles in certain use cases. Sometimes ownership works better, at least for a portion of the fleet. It’s about hitting the right balance.

We are one of the fleet management companies that can help with both ownership and leasing, and don’t lock you in to one or the other.

Contact us today for fleet lease quotes on gas-powered, hybrid, or electric vehicles.