A Key Ally of the Construction Sector

The construction sector is one of the biggest customers for leasing, both because of the high volume of units needed and because of the diversity and variety of models that projects require.

Virtually any type of vehicle can be included in a construction company's fleet: Off-road or utility-type vehicles for use by skilled personnel. Light commercial vehicles of different sizes and capacities for transporting equipment, all kinds of loads and people. Small trucks for moving heavy loads or large industrial vehicles if required.

Construction companies also add vehicles to their fleets for support during the transport of all types of special machinery (road rollers, dumpers, cranes, trucks, wrecking balls, etc.), vehicles that are very convenient to hire with the flexible leasing option..

Depending on the type of work to be undertaken, construction company fleets, especially those of larger companies, need a wide and versatile catalogue that the automotive sector can offer.

When choosing a vehicle in the construction sector, what´s important is the function and utility to be covered, as well as comfort and safety for the person who’s going to drive. For smaller companies, the vehicles in their basic fleet are the ones in which the company manager travels in and ones that meet the main needs of the company. The option of flexible leasing is very attractive so that a different vehicle can be chosen in specific cases, depending on the needs of the building project.

In construction fleets, what really counts is having the vehicle you need when you need it. This has been particularly evident in the various phases of lockdowns that the pandemic has brought about.

The smartest concept for companies that have been able to adapt to this situation has been to ensure their mobility through leasing, rather than long-term contracts or purchases. This has given them a competitive advantage in having the right vehicle. Circumstances have finally convinced us to think in the short and medium term, and fleet managers are indeed aware of this.

Watching vehicles sit idle while companies continue to pay purchase or lease payments has caused many business owners losses that could be alleviated with a change of focus in their flexible leasing operations.

In this type of leasing contract, the customer does not choose a specific car, but a category or market segment. The leasing operator provides the customer with a new or used car (usually up to 24 months old) from among those available at the time.

For construction companies, using flexible leasing is an option that prevents them from going into debt to solve their mobility needs. As a leasing operation, it is a tax-deductible expense that allows them to use the company's capital to generate assets of greater value and profitability for the company. In addition, with flexible leasing, they avoid the long-term commitments required by fixed leasing operations and the possible penalties for cancellation