You should consider what leasing can offer your business.
After all, financing and managing your fleet are important decisions for your company. Operational leasing gives you more time and resources to expand your business.
**Types of financing **There are several ways to finance your fleet. You can buy vehicles and manage them yourself, or opt for a type of leasing that gives you the time and resources to focus on your core activities.
Buy | Management only | Financial lease | Operational lease | |
---|---|---|---|---|
Company resources / money | Company funds the vehicles with company money (or bank loan) | Company funds the vehicles with company money (or bank loan) | Fleet management company funds the vehicles | Fleet management company funds the vehicles |
Company resources / people | Company employee manages fleet services (ordering and managing vehicles, fuel, taxations, drivers) | Fleet management company manages fleet services (ordering and managing vehicles, fuel, taxations, drivers) | Company employee manages fleet services (ordering and managing vehicles, fuel, taxations, drivers) | Fleet management company manages fleet services (ordering and managing vehicles, fuel, taxations, drivers) |
Commitment | Long term commitment as vehicles are owned by the company | Long term commitment as vehicles are owned by the company | Contracts are 3 to 4 years on average | Contracts are 3 to 4 years on average, with options to extend or flexible terms |
Risk acceptance | Company takes on residual value risk | Company takes on residual value risk | Fleet management company takes on residual value risk | Fleet management company takes on residual value risk |
Level of support | No support to finance vehicles or provide fleet services | Only support for fleet services, no support financing vehicles | No support for fleet services, only for financing vehicles | Different levels of fleet outsourcing are available |
Benefits of leasing for your business
Whether your fleet only has a few vehicles or several thousand, leasing will make your life easier. We can help you to make the right choices for your fleet and in turn, lower your costs, improve drivers' safety and satisfaction, and achieve your sustainability targets. Together, we'll take care of your fleet. With LeasePlan, you'll have a mobility partner to help you make the right choices and allow you to focus on your company's future.