When renewing or replenishing the car park, carriers often find themselves in a difficult situation: use installments or purchase equipment at their own expense. As practice shows, it may be more profitable to buy equipment from leasing . In order to understand the benefits of this service, you need to compare it with a loan and a regular purchase.
The concept of leasing is known to everyone, however, most companies, for which the car park plays an important role, have a vague idea of this concept. Many of them believe that leasing is a long-term loan. Someone even tries to compare it with mortgage lending, but these are completely different products. The growth of the leasing market is gaining momentum every year, so it is more of a financial lease. At the same time, enterprises with limited financial capital get an opportunity for development. The difference from a regular purchase is that only one car can be purchased for a certain amount, and as many as three can be leased.
Frequently, road carriers put loans for equipment and leasing on the same row. Leasing has several additional benefits. In particular, it makes it possible to optimize taxation by reducing the tax base, and also gives the opportunity to save on property tax due to financial incentives for the company when paying tax fees. In addition, the customer receives several related products. Many companies offering to conclude a contract offer bonuses, for example, free technical inspection or assistance with a tow truck at any time.
Leasing differs from a loan also in that credit history does not play a big role in concluding an agreement. Consideration of an application for a lease is considered in a shorter time, there is an opportunity to use almost any property as collateral, and most often such collateral is not required at all.
By purchasing equipment on lease, the company is able to maintain existing credit lines, which directly affects the competitive environment. Moreover, when using this service, the carrier gets the opportunity to open new credit lines and continue the expansion and integration of the enterprise.
If we briefly outline the main advantage in comparison with a regular purchase, with it you can free up certain funds for other needs of the enterprise that are not associated with the purchase of commercial equipment. The freed up funds can be used to overhaul production facilities or to build new workshops.
Using leasing , a transport company can significantly save on energy and time. The benefits are clear for the purchase, registration and maintenance of vehicles. The solution of such professional tasks is entrusted to specialists who sell equipment on lease, they select it based on the specific requests and needs of the enterprise. After the conclusion of the contract, the beneficiary gets the opportunity to effectively manage his budget through long-term planning of maintenance of the vehicle fleet.
Savings are also an obvious plus. After the expiration of the contract, the transport company takes ownership of cars with a zero book value. If a businessman decides to keep a specific piece of equipment, he can significantly save on property tax. In addition, using leasing, a businessman forms a positive credit history.
