Whether you are a small, medium, or large organization, the benefits of leasing a car is much higher in comparison to an outright purchase. The act of leasing takes away the stress of renewal of insurance, services, and maintenance costs, among others. Why lock your money in a depreciating asset that you get stuck with for years, especially when you have the option to lease? In other words, why limit your option to one car when you can replace it with the latest trending vehicles as and when you need it? There are a variety of benefits of partnering with an excellent car leasing company in the UAE. Here are some of the benefits of corporate leasing.
Ownership
Yes! Ownership has its benefits too, but it is more for cars owned by individuals. From a corporate point of view, cars are usually used for travel by employees, for clients, and other office-related requirements. A medium or large organization may require multiple vehicles for its myriad employees. By investing in the outright purchase of cars, the company will be blocking its capital in a depreciating asset. When you opt to lease, it ensures that you pay only for actuals, which means you pay a monthly sum merely for the months the car has been leased. This ensures you are not holding an asset that may become obsolete in a couple of years.
Maintenance
Save your organization from those monthly and annual expenses incurred in the maintenance of a fleet of cars. The higher the number of vehicles you have, the higher the cost of its upkeep. The process of leasing a large number of cars from a dealer can prove to be a financially beneficial deal. Save your organization from the expenses on the additional like parking and idling vehicles. Along with the depreciating value of a car comes with it the monthly and annual costs of maintaining the vehicle, which includes servicing, insurance, annual maintenance fees, to name a few.
Variety
One of the benefits of leasing is the option to pick and choose from a range of vehicles based on your specific requirements. For business specifically, one may require a variety of options to choose from based on the need or type of travel. For top management travel requirements, a range of luxury cars across varied brands can be availed of, while for routine pick and drops for executive, the standard brands can be put to use. The flexibility that leasing brings to an organization’s travel needs will definitely surprise you.
Responsibility
Smart car leasing companies will take complete responsibility for the vehicles you lease under their contract. They ensure their vehicles are compliant as per the norms of the land. Their insurance covers the losses in case of accidents and damage to the vehicles, giving you the freedom from worrying about the occurrence of uncertainties. Good car leasing agencies usually have a 24/7 emergency assistance policy in the contract that ensures you are never left hanging when vehicle trouble occurs, alternatively offering you a spare vehicle to ensure your work is not hampered.
Easy
What better way to explain vehicle leasing than to say how easy it is! The convenience of a hassle-free way to have the best range of cars at your disposal with the least responsibilities at stake makes it a relatively practical and cost-effective choice. Pick the time frame of leasing based on your needs as well as routine tasks like setting-up, accounting, and monitoring of Salik, an innovative and mandatory toll collection system is all a part of the leasing company’s responsibilities. Let your robust organization enjoy hassle-free transportation across the UAE by choosing a smart car leasing company.