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LeasePlan provides companies with a tool to compare acquisitions costs of their car fleet

27/10/2014
When financing their vehicles, most companies consider interest costs, the residual value, insurance and tax. But they often forget the cost of repairs, maintenance, tyres or time spent in the garage...

To help them make an informed choice between purchasing and operational leasing, LeasePlan has developed a powerful tool that very accurately compares the different methods of financing.

A tool for comparing the costs of purchasing and operational leasing

The best way of making your choice is to do the figures! By not restricting the comparison to just the acquisition cost of the vehicle... It is easy to forget indirect costs such as depreciation and sale costs, insurance, repairs and maintenance, tyres and taxes, periods in which the car is unable to be used, etc.

Thanks to its more than 50 years’ experience of managing car fleets, LeasePlan has acquired valuable insight into the most efficient way of achieving savings without compromising the fleet’s performance and driver satisfaction.

This has enabled LeasePlan to offer businesses a new comparison tool, that is unique in the market. Alessandro Tutucci, Sales Manager at LeasePlan, explains: “This comparison tool is very powerful; it allows you to carry out a line-by-line comparison based on specific choices (vehicle type, length of agreement, mileage) between the real costs of the different acquisition methods. But that is not all it does; it also highlights the potential savings with explanations of how they can be achieved.” The tool is available at www.try-us.lu.

Being responsible for a vehicle fleet and keeping a handle on the cars, finances, insurance and the legal and tax positions is not straightforward. A leasing professional can therefore help companies find their ideal strategy and thereby optimise performance, while at the same time lightening the load of administrative and operational tasks.

By turning to operational leasing, companies can save between 10% and 15% of their fleet costs over the course of their partnership with the leasing company. Compare the true costs for yourself at www.try-us.lu.

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