5 Benefits of Renting Fleet Vehicles for Your Business in Fort McMurray
When it comes to growing and running a business in Fort McMurray, corporate car rental can be a factor in your overall profits. A rental fleet has a number of benefits, and you are going to be able to keep more of your capital when you invest in a corporate fleet rental instead of buying all the vehicles you need outright. When you are trying to establish a fleet of vehicles, but you aren’t quite sure what you need, it’s time to look at the benefits of renting a fleet vehicle over purchasing.
Keep Your Upfront Costs Down
If you are just getting your business off the ground, it’s important to protect as much of your capital as you can. By renting your fleet vehicle instead of purchasing, you are going to be able to save your capital for other needs. You will be able to use some of your capital for the rental fees, but this is going to cost less than purchasing any fleet vehicles outright. As you build your Fort McMurray business, you will want to use your capital in a wide range of ways. You may need to upgrade the building you are in, or need to invest in marketing to expand your customer base. The more capital you can save upfront on vehicles and other equipment, the easier it will be to grow your business.
When you don’t finance your fleet of vehicles and you rent it instead, you are also protecting your credit for anything else you might need to run your business. If you finance a bunch of vehicles up front and you realize you don’t need them all, you will end up paying for the upkeep and storage of the vehicles regardless of whether they are used or not.
There are Few Surprise Costs with a Rental Fleet
When you invest in a fleet vehicle, you can end up with surprise costs that are difficult to cover when you are just starting out. If the vehicle is in an accident and is totaled, the insurance may not cover what you owe on the vehicle. When you go with a corporate car rental instead, you don’t have to worry if the vehicle is damaged in an accident as long as you have the insurance required by your rental company.
Your monthly budget numbers are important to your overall profits. Once you set a budget in place, maintaining your budget helps keep your business on track. You can budget in the cost of corporate fleet rental services and know what to expect each month to cover your vehicle needs. Costs that you don’t budget for can throw your business into the negative, making it hard to recover in the short-term.
Maintenance is Taken Care Of For You
Nothing will drain your bank account faster than having a fleet of vehicles that you have to provide maintenance for. From oil changes to routine inspections, taking care of your fleet becomes a full time job. You’ll have to employ a mechanic to provide the maintenance and to deal with any necessary repairs. A corporate fleet rental makes it easy to deal with maintenance issues because the rental company does this for you.
Stop dealing with maintenance problems with your fleet when you go with a rental fleet. You can decide what you will be responsible for and what your rental company will take care of every month if your rental is going to be long-term. When you don’t have the space to have a mechanic working on your property, a rental fleet is more cost-effective. Check our previous blog and learn why you should leave fleet repairs to the professionals.
Expand or Decrease Fleet as Needed
It’s possible that you aren’t sure how many fleet vehicles you are going to need at a given time. If you purchase too many vehicles for your fleet, you can end up having to provide storage for vehicles you aren’t using. When you go with a corporate fleet rental, it’s easy to expand or decrease the size of your fleet whenever you need to. You aren’t going to be worried about spending your capital on vehicles that aren’t being used. If you need a quick vehicle replacement or you suddenly require a number of vehicles at your disposal, it’s easy when you use a fleet rental service.
More Flexibility to Replace Vehicles
Buying a vehicle, you have to figure out what to do with it when you want to replace it. You might discover that a vehicle doesn’t meet the size requirements or gas mileage you want soon after you purchase it. When this happens, you are either stuck with the vehicle you purchased or you are going to take a financial loss if you decide to sell it. Renting your fleet vehicles makes it possible to replace anything that doesn’t meet your needs. Flexibility is important when you are running a business. You might have a time when you need extra fleet vehicles on the road, but then a slow time when many of your fleet would sit idle. Have the flexibility you want when it comes to your fleet by renting instead of buying. You can then focus your energy in other important parts of your business, such as training your employees and investing in fleet safety programs for drivers too.
Keeping your business afloat may take some creativity. When you can cut costs on the purchase of fleet vehicles, you can use the savings to expand your business. You’ll be able to offer fleet vehicles to your employees on an as needed basis, and you won’t have to worry about financing or paying outright for the vehicles you use. When you use corporate fleet rental services instead, you will be able to prevent an excess of vehicles sitting around that aren’t being used. It’s not always easy to estimate how many vehicles you are going to need to serve your employees, and renting your fleet vehicles makes it simple to change the number of your vehicles whenever you need it.
At Young Motors, we provide fleet vehicles for rent in Fort McMurray, including vans, trucks, pick up trucks, SUV’s, cube trucks and cars. We can help keep your fleet and your business in working order. We also prevent mechanical problems with our regular fleet maintenance program. For more information about our professional fleet rental and maintenance in For McMurray, we invite you to call one of our three locations or Contact Us today.
Comments are closed