Manage a company, not a fleet of vehicles!

Managing a business requires constant attention, but often there are processes associated with managing a company that take up too much time and resources. One of these processes is fleet management. Mobire board member Marek Kurs spoke about the opportunities that entrepreneurs have to reduce the burden of fleet management.

Full service rental is long term rental car, which relieves the owners or management of the company from the obligations associated with owning vehicles and managing a fleet. “Although car leasing has become the most widespread among Estonians and entrepreneurs, full-service rental is becoming an increasingly popular alternative to leasing.”

“With the fast pace of life, there is less and less desire to deal with routine tasks. Entrepreneurs are looking for solutions that will help optimize costs and reduce administrative burdens,” Kurs explained. He identified 5 ways in which full-service leasing optimizes fleet management.

1. Predictability and cost control

When choosing a car, it is important to estimate the full cost of ownership in advance, as in addition to the leasing payment, there are significant additional costs associated with the vehicle, such as changing and storing tires, insurance, maintenance, etc. In the case of a full-service lease, all costs are included in a fixed monthly payment. This allows the company to better plan its costs and avoid unexpected expenses that may arise with leasing, as the monthly payment remains the same throughout the entire lease period. The monthly payment is not affected by price increases and Euribor.

2. Save time and freedom from administrative tasks

Full-service leasing frees a company from the tasks associated with fleet management. Maintenance, repairs, insurance, and even finding a temporary vehicle are the responsibility of the lessor. This means that the company’s employees can focus on their core business rather than dealing with fleet-related issues.

3. Flexibility and innovation

Full-service rentals are more flexible than leasing. If a company’s needs change, the fleet can be replaced and replenished with new vehicles much faster. “This has become especially important in recent years, as entrepreneurs have been affected by various crises – the pandemic, war, the rise of Euribor and the economic crisis,” Kurs said. Full-service rentals also keep the fleet fresh, as a new model can be selected at the end of the lease. All vehicles in Mobire’s range are brand new and quickly available. Even if the delivery time is longer than expected, Mobire will provide a temporary vehicle until arrival.

4. Risk reduction

Vehicle depreciation and unexpected repair costs are the responsibility of the lessor. This means that the company does not have to worry about the residual value of the vehicles or the large repair and maintenance bills that can arise with leasing. Mobire’s full-service rental price includes a temporary vehicle, so the company can continue to operate without interruption even if the leased vehicle is in for repair.

5. Financial efficiency

Full-service leasing allows a company to control its balance sheet because vehicles do not need to be recorded as assets. This can improve a company’s financial performance and creditworthiness because the amount of assets on the balance sheet is reduced.

Full-service leasing provides a company with greater flexibility, predictability, and freedom from administrative tasks compared to traditional leasing. This allows you to fully focus on the company’s core business and leave fleet management to specialists. Manage your company, not your fleet!

Explore Mobire’s full-service rental offerings HERE!

If you have any further questions or would like a personalised offer, please contact us by email. (email protected)

Source: www.dv.ee