Operating Lease
FLEET FINANCE
Optimise Your Cash Flow and Maintenance Costs
Effectively managing your fleet while maintaining a healthy cash flow is crucial. An Operating Lease offers a streamlined approach to fleet management by avoiding the need to tie up capital in vehicles and providing predictable monthly costs. This simplifies budgeting and removes the concern of unexpected maintenance expenses.
Operating leases for fleets offer a cost-effective, flexible, and hassle-free solution for managing vehicle assets, allowing you to focus on core business activities while enjoying the benefits of a well-maintained and up-to-date fleet.
Supporting you in securing the necessary vehicles for your Fleet
Key Benefits An Operating Lease:
Operating leases offer a flexible and cost-effective way to manage your fleet, enhancing financial management, operational efficiency, and risk reduction. Choose an Operating Lease to streamline your fleet management, optimise cash flow, and benefit from hassle-free, tailored support.
- Monthly Maintenance Costs: Although you pay for the actual maintenance expenses, we offer a managed maintenance solution where we will manage the end to end process of maintenance and repairs, ensuring costs are are appropriate and necessary. Included in the managed maintenance service is:
- Maintenance Authorisation Desk: Our dedicated team manages and authorises all maintenance requests, providing you with peace of mind.
- Invoice Scrutiny Service: We verify the accuracy and fairness of all maintenance invoices before consolidating them into a single monthly statement.
- Enhanced Cash Flow: By avoiding large upfront costs and spreading expenses over time, you can maintain a healthier cash flow.
- Simplified Budgeting: Fixed monthly payments based on mileage traveled, and included services make it easier to plan and manage your budget.
- Access to New Vehicles: Leasing allows you to upgrade to newer models more frequently, ensuring your fleet remains modern and efficient.
- Reduced Administrative Burden: With many aspects of fleet management handled by the us, your administrative load is reduced.
Operating Lease
-
Vehicle Procurement
-
Maintenance Plan
-
Maintenance Authorisation
-
Guaranteed Future Value
-
Market Related Buyback Option
-
Licence Renewal
-
Vehicle Tracking
-
Insurance
-
Roadside Assistance
Get in touch today and let our fleet specialists craft a tailored solution that drives your business forward—hassle-free and cost-effective!
IMPORTANT! Please note: We only service Business Vehicle Leasing and not Personal Vehicle Leasing.
Fleet
Frequently Asked Questions
An Operating Lease offers a comprehensive vehicle management plan that includes:
- Vehicle Procurement: Streamline the acquisition of vehicles tailored to your business needs.
- Guaranteed Future Value: Benefit from a guaranteed future value for your vehicles, providing clarity and protecting your investment.
- Market-Related Buyback Option: Enjoy flexibility and potential value recovery at the end of your lease term.
- Licence Renewal: Stay compliant with annual licence renewal regulations.
- Vehicle Tracking: Improve operational efficiency and security with real-time vehicle tracking.
- Insurance: Protect your fleet with comprehensive insurance coverage.
- Roadside Assistance: Receive prompt support in case of breakdowns or emergencies with round-the-clock roadside assistance.
- Predictable Monthly Payments: Fixed monthly payments based on predictive future mileage, simplifies budgeting and help manage cash flow.
- Avoid Capital Tied Up in Vehicles: Leasing vehicles frees up capital for other uses rather than purchasing them outright.
- Included Maintenance: Many operating leases provide service/maintenance plans included in the purchase price of the vehicle. These plans may be extended to suit expected mileage to be travelled.
- Managed Maintenance: Centralised management of maintenance requests ensures all work is authorised and the necessary payments made to suppliers.
- Shorter Lease Terms: Allows for fleet upgrades or changes in response to business needs or technological advancements.
- End-of-Term Options: At the end of the lease, you can return the vehicle, extend the the lease, or sometimes purchase the vehicle.
- Residual Value Risk: The lessor assumes the risk of the vehicle’s residual value, meaning you are not concerned with depreciation or risks associated with resale values at the end of the lease.
- Fleet Disposal: The lessor handles vehicle disposal, simplifying the end-of-lease process.
- Licence Renewal: Ensures all vehicles remain compliant with local regulations, reducing administrative tasks.
- Tax Benefits: Lease payments may be tax-deductible as operational expenses, potentially offering financial advantages.
- Insurance and Roadside Assistance: Often included to offer additional protection and support.
- Vehicle Tracking: Available as part of the lease package for real-time monitoring and enhanced fleet management.
- Fleet Specialists: Access to experts who assist with selecting, acquiring, and managing the fleet, providing a tailored approach to your needs.
- Dedicated Support: Regular meetings and personalised service ensure smooth and effective management of your fleet.
Yes, there are alternatives to an Operating Lease, including Dynamic and Full Maintenance Leases.
- Dynamic Lease: This flexible 'Lease to Own' option allows you to acquire vehicles without tying up capital and gives you the option to purchase the vehicle at the end of the lease. You can adjust the terms of the contract, including the purchase option price and services, making it a more personalised solution with the possibility of ownership.
- Full Maintenance Lease: This lease option includes all maintenance and servicing in the agreement, ensuring your fleet is well-maintained without the need for additional expenses. It provides peace of mind by covering repair, servicing, and other upkeep, allowing you to focus entirely on running your business while keeping the vehicles in top condition.
To get started, contact our team of fleet specialists. We will guide you through the process, including selecting the right vehicles, finalising the lease terms, and providing ongoing support throughout the lease period.
Yes, there are alternatives to a Dynamic Lease, including Operating and Full Maintenance Leases.
Operating Lease: This is a cost-effective option where you lease the vehicle for a set period, but you don’t have the option to purchase it at the end of the term. The primary benefit is that it avoids tying up capital, with predictable monthly payments, and at the end of the lease, you simply return the vehicle. It's ideal for businesses seeking flexibility and lower financial commitment.
Full Maintenance Lease: This option goes a step further by including maintenance and servicing as part of the lease agreement. It allows you to enjoy the benefits of a fully maintained fleet without the hassle of managing upkeep. With a Full Maintenance Lease, all repair, service, and maintenance costs are covered, helping you to avoid unexpected expenses and ensuring that your vehicles remain in top condition.
The customer has the option to include comprehensive insurance coverage in the lease, to protect against various risks, ensuring your vehicles are fully covered.
Typically, a Full Maintenance Lease requires no large upfront capital expenditure. You pay a regular monthly fee, which helps maintain your cash flow.
We offer 24/7 roadside assistance, providing peace of mind and immediate support in case of emergencies.
Yes, there are alternatives to a Full Maintenance Lease, including Dynamic and Operating Leases.
- Dynamic Lease: This 'Lease to Own' option gives you the flexibility to purchase the vehicle at the end of the lease term or return it, with no obligation to buy. You can adjust the purchase option price, usage limits, and optional services during the lease. It offers predictable monthly payments without the inclusion of maintenance services, allowing you to manage costs as needed.
- Operating Lease: With an Operating Lease, you lease the vehicle for a fixed term without the option to purchase it. This alternative focuses on avoiding capital expenditure and offers simple, predictable monthly costs. Maintenance is typically not included, which keeps the lease terms straightforward and flexible, with the vehicle returned at the end of the lease.