Long-term rental, much more than rental!
Published on
16/3/2022
Long-term rental is more than just rental!
Long-term leasing (LTL) is a popular model that continues to appeal to companies. However, despite its many advantages, how do you know if long-term leasing is suitable for your company's structure?
Numerous ancillary services
Long-term leasing is a financing solution with many services. If we take the case of the car, the range of services offered is quite wide: assistance, maintenance, tyres, insurance, among others. The long-term leasing of a car therefore allows your company to manage the car more easily. Remember that it is up to the leasing company to take care of the various services inherent in the maintenance of a vehicle. A welcome peace of mind in a sometimes very busy day-to-day life!
Great flexibility to choose and change equipment
As a company, choosing a fleet of cars is never easy. Long-term leasing allows you to choose the company vehicles that best correspond to your identified needs, as well as the duration and mileage adapted to your use. This is also easy to do when you want to change vehicles. Here again, it is much simpler to do this via leasing: the company simply has to hand over the vehicles to the leasing company, which will then put them back on the market.
A real advantage
This is probably one of the most important arguments for a company that wants to be profitable, namely the financial impact of such a method. Because of its nature, long-term leasing has the advantage of preserving the company's capital . Using the example of a car, we can see that operational leasing requires far less capital than a traditional purchase. This is an important aspect to bear in mind, given that a vehicle loses value immediately upon purchase. Long-term leasing is therefore interesting for companies that do not wish to incur excessive debt over a more or less long period and thus smooth out their expenses.
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