How Can A Professional Fleet Leasing Company Help Reduce Acquisition Costs?
by jimlive Posted on Thursday, November 9, 2017
Regardless of who you think actually authored it, the 1987 best seller “The Art of The Deal” has some surprisingly intelligent advice for business people and, by extension, companies requiring fleet leasing services. Included in the book’s 11-step program of success are tips like “maximize your options,” “know your market,” “use your leverage” and “contain the costs.” When it comes to commercial fleet leasing, one of the biggest benefits of using a professional fleet leasing company aligns perfectly with one of the book’s primary steps – helping you contain your costs related to acquisitions.
Commercial fleet leasing companies are in the business of ensuring you get the right fleet car lease. When it comes to vehicle acquisitions, a professional fleet leasing company uses the leverage of their significant buying power (based on purchase volume) to help get you the best deal. Commercial fleet leasing companies usually have negotiated acquisition costs across a large network of automotive dealers. Typically, a respected commercial fleet leasing company will pay a fleet acquisition cost of approximately $150 over the dealer cost price on factory orders and $300 over dealer cost price on in-stock domestic vehicles. There are exceptions to this rule, including hard to find vehicles, imports or vehicles in remote areas. However, this buying power helps you achieve another step championed in the book: maximizing your options! When there is less capital outlay required during the initial acquisition phase of your commercial fleet, you can maximize your investment by channeling dollars to other areas where money can be better put to use.
Knowing the market and the manufacturers operating within it is also one of the things a professional fleet leasing company brings to the table. For example, well-established car fleet leasing companies can work directly with a manufacturer to factory-order your vehicles; this helps ensure you get the exact options you require, not the additional add-ons and aftermarket options added later by the dealer that cost you more money and can send your acquisition costs soaring. Factory ordering helps reduce the overall cost of the vehicle, which is certainly the deal you want when procuring your fleet.
At the end of the day, understanding the art of using a professional fleet leasing company is a good way to trump the high cost of acquisition. Learn more. Visit Jim Peplinski Leasing at http://www.jimpeplinski.ca/.