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Finding Lost Dollars in Your Fleet Budget - Leasing as a Solution

Posted by Wilmar, Inc.

Leasing as a Solution

Your business is growing, and you need to build a fleet of vehicles, or perhaps you've already got a fleet, but it costs you a fortune. 

Every profitable business looks to find ways to cut costs. The first thing you look at in your fleet budget is depreciation expense and fuel costs, as this can be a much as 80% of a fleet's budget.

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At the same time, it can be useful to think outside the box and lease your vehicles. Through leasing, you not only gain money back on depreciation, but you solve a host of other problems too.

Lower Fuel Costs:

Fuel is always going to be your most expensive cost. Finding ways to lower your fuel costs is the goal of every company, and some solutions to that are here and here, but another is to lease vehicles.

By leasing vehicles, you can have newer, more fuel-efficient cars on the road and not worry about their depreciation costs.

Predictability:

As anyone who's ever worked with trucks will tell you, they can be unpredictable. Keeping a fleet on your lot may be convenient but trying to budget for it from month to month is a nightmare.

Leasing solves all that. Leasing allows you to invest your capital upfront and allows your maintenance costs to be more evident and trackable.

Safety:

A well-maintained fleet is a safe fleet. Our fleet management plan makes it easy for your drivers to get their vehicles repaired and back on the road. Road safety not only increases the reputation of your brand, leading to more customers but also limits your liability.

CSA Scores:

Keeping safe, well-repaired vehicles on the road lessens your chance of a roadside inspection. A violation of this inspection will lower your CSA (Compliance, Safety, Accountability) score and hurt your reputation.

CSA's scores are made public, and a low CSA score may not only lose you customers; it may also lose you experienced drivers who don't trust their safety in your vehicles.

Breakdowns:

Any time a truck breaks down, it will cost you money not only in vehicle repairs but also in opportunity costs from late shipping and inactive drivers. Leasing your vehicles lessens your chance of wear and, thus, breakdowns.

Keeping the Correct Vehicles on Hand:

It can be challenging assessing how to put a fleet together. Trying to figure out the exact right balance between heavy trucks and medium trucks can be exhausting. By leasing from us, you'll also get our fleet analysis.

Our fleet analysis will work with you to determine what trucks are best for your business, and when you need them on hand.

Stick to What You Know:

We know how to maintain a fleet. It's what we do. Maintaining, analyzing, and monitoring your fleet can be a full-time job. By leasing your vehicles from us, you allow us to do what we do while concentrating on your core business concerns.

Lease to Buy:

At some point, you may decide it's easier to own your vehicles than lease them. We make it easy to convert your favorite cars from lease to own. You can even contract with plans to buy eventually.

You can rent the vehicle, get it correctly optimized by our trained technicians, and when it's perfect for your business, you can buy it. You win all the way around.

Easily Expand:

You've just opened your first location, and with our help, you've figured out the optimal number of vehicles you need. Then you open a new site and need twice as many vehicles. By leasing from us, it's easy to double or triple your order. We allow you to expand without the worry of whether your fleet will grow with you.

Leasing vehicles will find you money in your budget that you thought was gone. You can use this money to invest, expand, or to buy whatever your business needs. For more information on how we can help you with our leasing vehicle solutions, click here.

unbiased recommendations for lease choice

Topics: Fleet Management, Fleet Financing

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