There are various ways to significantly increase the yield of your fleet. It is an art as an entrepreneur to keep costs under control so that every euro is spent efficiently. Below you will find useful tips why using shared cars is a lot cheaper.
A lease car quickly costs an average of € 9,000 per employee per year. In many cases, the cars are not used optimally and are often stationary. Car sharing can offer a solution in various ways. But why would you actually do car sharing? We have listed a number of tips and benefits for you: 1. Have employees share their car It is an everyday scene. Employees come to work in their lease car, after which the car can stand still for up to 8 hours. This while colleagues may rent another car to come to an appointment. The cars are simply not used optimally. It is more profitable for both the employer and the employee if a partial scheme is used in this case. The most economical solution as a company is that employees within a company share their cars. Of course, a sharing platform like Snappcar sounds much more attractive to the drivers themselves. To make it attractive for both parties, you can discuss that the driver gets a share of the rental costs saved. As a result, car sharing among employees becomes more alive and they are more willing to participate in this. 2. The electric shared car An extremely economical solution for making the most of your fleet is to use the commercial electric shared car . Nowadays it is very important that as a company you radiate that you take the environment seriously. You reduce your CO2 emissions, you save money and you also stimulate your employees by setting a good example. Who knows, because of this they may take the bicycle or public transport more often to get to work. You show that you care about sustainable mobility. 3. Pool car? Share it! It often happens that a three-year-old lease car is difficult to use. In many cases, the earlier return of this business car is far from advantageous and because of the shorter duration, more costs are involved. These types of stationary cars are really best used as a shared car. For example, you can make it available to your employees or to surrounding companies. When more use is made of shared cars, fewer cars are needed for the total fleet. This is another typical case of saving. A smaller but more efficient fleet can reduce unnecessary commuting and commuting. Not only will it reduce the number of cars on the road, but also in your parking lot. Read more: hybrid cars nz 4. Purchase small, more fuel efficient cars This already speaks for itself. But in practice we often see that lease drivers often go for large cars. In many cases they do this to be able to go on holiday with it. A disadvantage is that these lease cars are on the expensive side. Especially in relation to the small and greener business car. There is an enormous amount to be achieved on this. If necessary, exchange the small car for a bigger one when it is needed. 5. Do you temporarily need extra capacity? By creating a flexible construction you can avoid this problem. One of the last things you want is to purchase additional lease cars that eventually come to a halt. A company like Green wheels offer business plans. The advantage is that these cars are also accessible with the NS business card. All travel costs incurred ultimately appear on one invoice.
0 Comments
|
5 mistakes to avoid when leasing a car It’s no wonder that leases account for nearly one-third of the new car market. The average price of a new car is $36,000, and the average car payment is $554 a month for almost six years, according to Edmunds, a provider of auto industry data, advice and reviews. And that’s after paying $6,000 down. Reference
“New cars are expensive, and leasing is the cheapest way to get into a new car,” says Matt Jones, senior consumer advice editor at Edmunds. “Lots of people live on a monthly budget. They look at what they can afford to pay per month. Leasing allows people to get a new car without paying $554 a month.” Although a lease can lower your monthly payments — the average monthly lease payment in April 2019 was $466, according to Edmunds — it can be very expensive if you don’t know what you’re doing. Always read the fine print before signing a contract. Here are five common mistakes to avoid when leasing a car. Leasing a car — 5 costly mistakes: Paying too much money upfront Not buying gap insurance Underestimating how many miles you’ll put on the car Not maintaining the car Leasing a car for too long 1. Paying too much money upfront Car dealers advertise low monthly lease payments on new vehicles, but you’d probably have to pay several thousand dollars upfront to get that payment. That money covers a portion of the lease in advance. But what if the car is wrecked or stolen within the first few months? If that happens, the insurance company would reimburse the leasing company for the value of the car, but the money you paid in advance likely would not be refunded to you. You’d be out of a car, despite having paid a lot of money in advance. It’s recommended you spend no more than about $2,000 upfront when you lease a car. In some cases, it may make sense to put nothing down. If you pay less in advance, your monthly payment will be higher, but you could deposit the prepayment cash into an interest-bearing account instead. You could use that money to help make the monthly lease payments. And if something happens to the vehicle before the end of the term, at least the leasing company doesn’t have a big chunk of your cash. 2. Not buying gap insurance If you drive a leased car, it’s in your best interest to have gap insurance. The “gap” refers to the difference in what you still owe on your lease and the value of the car. Let’s say your contract states that at the end of the lease, you have the option of buying the car for $13,000. That’s what’s called the vehicle’s “residual value.” If you total the car before the lease expires, the insurance company will determine the market value of the car and pay that amount to the dealership, which owns the vehicle. If the insurance company says the market value is only $9,000, you’ll probably have to pay $4,000 out of pocket to cover the gap between the residual value and the market value — unless you have gap insurance. Before you sign a car lease, ask whether the contract will include gap insurance coverage. If it doesn’t, pay extra to get it or look for a vehicle with a lease plan that includes gap insurance. 3. Underestimating how many miles you’ll put on the car If you see an advertisement for a lease with low monthly payments, it could be because the lease has a low restriction on how many miles you can drive the car per year. It’s common for leasing contracts to have annual mileage limits of 10,000 to 15,000 miles. If you exceed those limits, you could be charged up to 30 cents per over-the-limit mile at the end of the lease. If you exceed the mileage limit by 5,000 miles, you could end up owing $1,500 (at 30 cents per mile) on a car you’re no longer driving. To avoid extra charges, know your driving habits before leasing a car. If you know you’ll probably drive more miles than the agreement allows, you could ask for a higher mileage limit, but that will probably increase your monthly payment. Jones says if you know you’re going to exceed the mileage limit, you could also pay extra each month to avoid the fat fee at the end of the lease. “Make extra payments to the leasing company,” he says. “If you figure a 5,000-mile overage, pay a little extra every month to cover those costs.” 4. Not maintaining the car If your car has damage that goes beyond normal wear and tear, you could be on the hook for additional fees when it’s time to return it to the dealer. If a car has a scratch but the mark is less than the size of a driver’s license or business card, many companies may consider it normal use and probably won’t charge a penalty. If the leasing company considers the damage excessive, it can charge additional fees. The definition of normal use can vary from dealer to dealer. Your lessor will inspect the car before you turn it in and look for things such as dents and scrapes on the body and wheels, damage to the windshield and windows, excessive wear on the tires and tears or stains in the upholstery. Don’t assume that your inspector will be lenient. Lease Cars Nz Before leasing a car, ask about the guidelines on the lease-end condition. These guidelines specify the types of damage you would have to pay for before you return your car. If the car is significantly damaged, drivers can expect to pay full market prices for repairs. 5. Leasing a car for too long The average car lease is three years, although some can go longer. However, drivers who lease cars for too long can end up paying extra money in maintenance. If you lease a car, make sure the lease period either matches or is shorter than the car’s warranty period. Warranties vary from lender to lender, but on average they last up to three years or 36,000 miles, whichever comes first. If you keep the car for longer than the warranty period, you may have to consider an extended warranty. Otherwise, you could be responsible for maintenance and repair costs for a car you don’t own, while still making monthly lease payments. If you do plan to lease a car for an extended time, it’s probably better to buy it, says Barbara Terry, a Texas-based automobile expert and columnist. “If the driver owns the car, he’d have to pay for the car and pay for maintenance, but then he could continue to drive it for several years without having to worry about a required monthly lease payment,” Terry says. Use Bankrate’s calculator to figure out whether leasing or buying a car will save you more money. Choosing to lease a car instead of buying one can be a great way to drive a newer car with the latest technology and features for less money per month. By doing your homework, shopping around and reading the fine print, you can find a lease that’s right for you and your budget. |