There are many benefits of leasing as opposed to ownership, and the core benefits are summarized as below:
No more hassles from maintenance, COEs, insurance and road-tax
The scheduling work for servicing and inspection falls on us instead of your staff, thus they can be better focused on their prior responsibilities. Resources are saved as previous deployment in manpower for inspection becomes obsolete. Time and resources saved can then be directed towards augmenting company’s revenue.
Prompt replacement for road-unworthy vehicles
We offer a 24-hours breakdown and towing service, which equates a peace of mind for our clients. A replacement vehicle is provided whenever the leased vehicle is due for maintenance, or deemed roadunworthy. Downtime is minimized, and delays in business appointments due to unexpected breakdowns or accidents are prevented. The company is therefore able to gain the trust of her business associates as a reliable partner. It also ensures the full utilization of manpower, which may otherwise been undermined by a vehicle’s downtime.
Option to upgrade to newer models upon lease expiry
There is the freedom to change to any existing or newly launched models in the market upon lease expiry. A newer vehicle also means better quality and higher safety levels. It boosts the staff’s morale and enhances the company’s image at the same time.
Reflected as a fixed expenditure instead of a liability in your balance sheet
Leasing is reflected as expenditure in the balance sheet and is therefore straightforward and easy to account for. No more headaches arising from calculations in depreciation.
Predictable monthly vehicle expenses
The monthly expenditure is constant and there are no unexpected bills due to sudden breakdowns.
Not subjected to changes in LTA policies
Minimum impact on your car fleet as changes in government policies are cushioned by us. This is particularly beneficial in view of the fluctuations in the automobile trade over the past few years.
Better cash flow management
Cash flow is not tied down by a hefty sum of down payment as in the case of ownership. Cash flow issues will not handicap the company when business opportunity arises.
Free from scrapping and resale woes
No more frizz and frills that come about by the selling or scrapping of your vehicles. Time and resources may then be channeled towards generating more revenue for the company.