What are the types of leases and their main characteristics?
Within Total Fleet's alternatives for managing your vehicle fleet, there are more specialized renting contracts for one or another type of sector.
Certainly, the use required by an independent professional is not the same as that of a construction project company. Based on this use and management, the variables between one renting contract and another are determined, thus giving way to all the different types of renting we offer.
We could think, according to the previous example, that the sectors will be decisive, however, it is possible that the same fleet of a single project has different uses and service needs, and this is where Flexible Renting strengthens itself against other models such as financial leasing or operational leasing in financial terms.
What types of Renting are there and which one is right for you?
Renting for businesses.
This type of contract is specialized in the management of fleets with Company Car or Plan Car type vehicles, attending to the needs of users such as Directors, Managers or Executives who have the option of choosing a vehicle as part of their benefits.
The Renting service for business users focuses on being able to meet the budget requirements assigned to each collaborator. In this way, the advice in Total Fleet is 100% personalized to the user since they will have alternatives to choose their vehicle, the extras, and adapt the fixed fee to a term determined by the company without the need to resort to an additional financial entity.
Normally, these renting contracts are given for periods of 3 to 5 years or the replacement is made when a previously defined mileage is reached. In these contracts, the company taking the Renting assumes the monthly fee, but the employee can pay for any additional accessory installed on their vehicle.
As for the benefits preferred by business customers, they include:
- Valet service for maintenance appointments.
- Valet service for ITV (Vehicle Technical Inspection) appointments.
- 24-hour roadside assistance service.
- Renting of equipment.
- Replacement vehicle service.
- Simple replacement management at the end of each contract period improves customer service.
With these types of contracts, users can choose private use vehicles in gasoline, diesel, hybrid, or electric and in their different available categories such as sedans, crossovers, SUVs, and pick-ups.
Commercial Renting
These renting contracts are focused on companies that need to have a variety of vehicle types for their operation. From compact and sedan cars to pickup trucks, trucks, or cargo vans.
The differentiation in a Commercial Plan is that you can choose from all these available vehicle lines and the term conditions can go down to 2 years, considering contracts that maintain intensive use, such as units used in projects for defined periods of time.
On the other hand, units can be contracted for the use of high and middle-level management of all types, both administrative and project or commercial, in order to improve profitability by divisions and achieve greater efficiency, making it our most convenient flexible renting model.
Special vehicles such as 2 and 3-ton trucks, pickups for fieldwork, and cargo vans are also not overlooked.
Some of the most liked benefits by Commercial Renting clients are:
- Ease of managing and coordinating preventive and corrective maintenance.
- The rental contract adjusted to each vehicle use.
- The company pays a fee without hidden charges that helps them better manage their cash flow for other projects.
- They are not obliged to apply a purchase option at the end of each contract. Monthly rate is 100% tax deductible.
- Outsourcing the fleet operation to the Renting company.
- Minimizing financial risks.
- Constantly renewed fleet.
Cargo renting
This plan is incredibly successful for businesses that require transporting goods in panel vans or small trucks.
Among the main customers of Cargo Renting are delivery companies, SMEs that already have routes and a portfolio of clients who demand better service, and businesses that need to deliver their materials or provide specialized services.
These users promote among their clients the ability to provide attention, efficient services, and timely deliveries, which is complex and requires a fleet of vehicles in perfect condition.
Customers of Cargo Renting are mainly attracted to the following benefits:
- Fast maintenance services.
- Possibility to manage contracts for shorter periods than with vehicle leasing.
- Vehicle replacement service in case of accidents or major maintenance.
- Variety of models to choose from, both diesel and gasoline. ISR-deductible fee.
- Flexibility in contracting services according to use, routes, type of cargo, etc.
- Personalized attention with drivers to maximize internal operations.
- Simple and uncomplicated replacement process.
In this plan, Total Fleet customers can choose from small, medium, and large cargo vans, as well as trucks of up to 5 tons from different brands in the market. The most common contracts in Cargo Renting plans are for 2 years and a maximum of 5 years depending on usage or business type. You can choose from various brands and styles of cargo vans and trucks to have a new fleet under the best conditions.
Would you like to know about the types of Renting contracts we offer? Contact us at 2542-4800 or email us at totalfleet@adobecar.com and we will be happy to assist you.