How to reduce the cost of fleet leasing
Learn how to lower the cost of fleet leasing
- Start with a needs analysis
Begin by completing a fleet and utilization analysis to determine the optimal number of vehicles you need in your fleet. You should have enough fit-for-purpose vehicles for your employees to do their jobs effectively, while ensuring no vehicle is under-utilized.
- Order your vehicles from the factory
Choosing factory ordering, rather than dealership stock, will significantly reduce your acquisition costs, leading to lower monthly lease payments.
- Consider open-end leases
Open-end leases are specifically designed for business use. They have no mileage limits, a more flexible wear and tear policy, and more flexible lease terms. They also improve financial ratios, keep credit lines open, convert capital expenditure into a monthly expense, and can reduce the up-front cost of sales tax.
- Talk to the Ewald Fleet Solutions team
The specialists here are Ewald can help you reduce your fleet leasing costs, with a focus optimizing the total lifecycle costs of each vehicle.