LONG-TERM BUSINESS VEHICLE RENTAL
- WHAT?
- ADVANTAGES
- WHY US?
- HOW?
A long-term business rental involves rental of one or several vehicles for a period of at least one year, whereby all the terms of rental and payment are agreed upon beforehand. It is an integrated form of service that allows clients to make their own choice of a model and equipment of the vehicle, while at the same time it relieves you completely of the organizational concerns and communication with different suppliers. It involves financing, operating leasing, insurance, regular servicing, maintenance of winter/summer tires, substitute vehicle, 24/7 assistance, etc…
Upon the lessee’s request, the lessor purchases the vehicle and hands it over to the lessee for the latter’s use. During the period of the lease contract as well as after its expiry, the lessor remains the legal owner of the vehicle. The subject matter of the rental is not shown among fixed assets in the lessee’s balance sheet as it is recorded as such with the lessor. The depreciation costs are therefore borne by the lessor. The lessee shows the rental (which includes all costs in connection with the rental) under the service costs entry of the current accounting period.
A faster and easier way to a new vehicle: The business rental provides for a more frequent replacement of vehicles, so your vehicles are always in excellent condition. Despite the fact a business rental does not make you become the owner of the vehicle, you can use it as if it were yours. Simplification of everyday management: All your operating and administrative procedures are taken care of, from the purchase of a new vehicle to the sale of the used one upon the expiry of rental period. Flexibility: Rental period is optional, typically from one to five years.
Precisely planned expenditures: You know in advance how much precisely the use of the vehicle is going to cost you. Monthly instalments remain unchanged throughout the entire period of rental. Saving of liquid assets: Business rental requires only a small portion of your own assets. You may use your free assets for business activities and investments which provide a higher yield. Optimisation of expenses: Business rental with additional services (purchase, maintenance, vehicle insurance, etc.) provides you optimum consumption of assets for vehicles. Cash flow stability: Rental costs are shown as current costs of vehicle use. In this manner, they have no influence on the structure of the balance sheet.
In case of a long-term business rental we study minutely your wishes and needs, including business specifics, and on the basis of our findings the best rental solution will be tailored for you.
Years of experience, a stable business model and strategic development orientation allow us to be able to offer our partners innovative mobility solutions which are perfectly tailored to their individual needs.
Commitment to continual searching for new opportunities and focusing on exploring new opportunities to achieve economical mobility are the driving forces of our development.
We are looking forward to your questions.
Please contact us and together we will create such a program of a long-term business rental which will be the most appropriate for your mobility needs in view of costs and functionality.