Still wondering whether alternate to leasing a car or van is right for you and your business? With new car sales in decline many new buyers are opting on importing their vehicles from the UK mainly due to getting higher vehicle specification on vehicles at the same cost . However, those who chose to purchase their vehicles in Ireland for both personal and business needs, leasing has become popular as it offers plenty of benefits.
But many have not investigated alternate to leasing option as a solution to vehicle ownership. Option for an alternate to leasing vehicles option of vehicle ownership more than the general leasing.
What is car/van leasing?
According to Wikipedia, car leasing or vehicle leasing is the leasing of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring vehicles for business, without the usually needed cash outlay.
Here are our top 10 reasons why you and your business should consider leasing with Europcar Business Fleet Services for when you consider fleet ownership:
Benefits of Leasing with Europcar Business Fleet Services
Get a great deal
Car leasing companies operate as independent vehicle brokers, continually getting the deals from all the major finance companies and dealerships. This means they can offer some of the most competitive market rates available, helping drive your monthly costs down. What they lack is the flexibility to provide favourable terms. Alternate to leasing from Europcar Business fleet offers almost the same monthly cost with much more flexibility businesses need.
2. Drive a better car
When you lease a car and you’ll invariably find you’re driving a better vehicle than you would if you had bought one in. Why is this? With a car lease you only pay the car’s depreciation for the lease period, not the value of the car (because you don’t own it). As a result, your monthly payments are typically lower compared with other forms of finance, so you can lease a better vehicle. This also applies to alternate to leasing vehicle rental offered by Europcar Business Fleet Services.
3. Drive a reliable car
Are you worried about not getting to work or the airport because your car might break down? The older cars get, the less reliable they become. With alternative to Leasing that won’t be a problem because you’ll be driving a brand new model. What’s more, if something does go wrong with the vehicle, our service comes with full repairs or replacement.
4. Enjoy the latest technology and safety features
Because you are driving new, you benefit from the latest in-car technology manufacturers are introducing. Recent popular additions include things like Autonomous Braking to help prevent crashes, MirrorLink that syncs your smartphone screen with the car, and even night vision.
5. Avoid tying up your money
Billionaire oil tycoon J Paul Getty said: “If it appreciates, buy it. If it depreciates, lease it.” Lease a car and you won’t be sinking your savings into something that spends much of its life sitting outside your home losing your money. And as a business you will always want to keep your working capital. With Europcar Business fleet services, you ensure your business working capital is not tied to a depreciating asset.
6. Take control of your monthly vehicle spend
Apart from fuel and insurance, when you lease a car you know exactly what motoring is going to cost you because your expenses are rolled into one – monthly payments, mileage and Insurance (if you want our packaged insurance) makes your ability to budget becomes even stronger.
7. Cut out big ticket motoring costs
You’re driving a new, hence more reliable car, so it’s highly likely you won’t have to replace big-ticket mechanical items such as timing belts or aircon units. You probably won’t even need a new battery.
8. Avoid the hassle of the NCT
Cars don’t have to have an annual NCT, roadworthiness check until their third birthday. By that time, the car will most likely not be your responsibility any more.
9. Avoid PCP hassles
With leasing you simply hand back the car at the end of the lease and you are free to choose your next new vehicle. Unlike PCP, there’s no haggling over the final, versus the estimated value of the vehicle. You avoid having to negotiate a part exchange with the dealership on your next vehicle or having to buy the car outright.
10. Avoid the dealership monopoly
Dealing with independent brokers who constantly review the market for the best rates, means you’re not being held captive to dealership finance. You also don’t have to trawl around car dealerships trying to work out which one will give you the best price – only to end up feeling like they all want to rob you.