Having a fleet of business vehicles and buying a fleet of business vehicles are, surprisingly, not always the same thing. Many businesses keep their fleet flexible by leasing the vehicles they need year-to-year. This is not just good for changing out models regularly, it's also great for your business credit and operating capital which do not take the hit from a large vehicle purchase.
Wilmar, Inc.
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No vehicle on the road can match the utility of a truck for service industries. Whether towing or loading, hauling or installing, trucks are vital to your industry. Many businesses need the utility of a truck in a more compact, economical size.
Looking forward to add more business cars to your fleet? Well, there are two ways you could accomplish that. You can choose the usual route of purchasing new vehicles and paying much of the buying price. Alternatively, you can lease new vehicles and only pay a fraction of its buying price.
Topics: Vehicle Leasing
Launching a startup business is no easy task, especially if that business requires special industry equipment that is not easily mimicked with software and a home computer. Whether you need high-end copiers, manufacturing equipment, or commercial kitchens, the investment in these large equipment pieces can take a huge bite out of your initial startup capital, which can be dangerous in the long run.
Topics: Equipment Leasing
If you still provide company vehicles, then you may want to limit the personal use of those vehicles. Bear in mind that for your employees, personal use of the vehicle is considered a taxable non-cash fringe benefit. In other words, there is a tax benefit for the employee if personal use is limited to occasional or "de minimis" personal use, such as stopping during a commute.
Topics: Fleet Safety, Fleet Management
Equipment leasing is turning out to be one of the most popular options for enterprises looking to acquire new equipment. According to the results of a recently concluded survey, 8 out of every 10 businesses in the US prefer leasing their equipment over procuring.
Topics: Equipment Leasing
No vehicle epitomizes off road driving and cargo hauling more than full-sized trucks. These vehicles are renowned for their versatility and toughness. In recent years, manufacturers have been blending the ruggedness of full-size pickups with comfort and family friendliness. This explains why they continue to be bestsellers at most dealerships.
Topics: Vehicle Leasing
Topics: Fleet Management
Running a field service business is all about coordination. You must coordinate your services between customer scheduling needs and practical daily routes for your service teams. It makes no sense to send your trucks zig-zagging across the city or spending hours idle only to rush between appointments later when you have more efficient scheduling solutions.
Topics: Fleet Management
Are you interested in a Toyota Tundra? Whether you want to transport supplies between Aberdeen and Raleigh or to navigate the roads of Beaufort with efficient agility, there's one question that you're bound to answer: should you buy or lease a vehicle?