Should you lease or own your fleet? Deciding whether to own or to lease company vehicles can be a complex question for business and individuals alike.

This 2 minute video clearly explains the differences between ownership and leasing and you’ll see why businesses choose to lease.

Things to consider before leasing a business vehicle or fleet include:

Erin Heese - Fleet Partners

  1. Businesses need to compare operating lease payments versus loan, finance lease and/or hire purchase payments

  2. Cash flow impacts of each type

  3. Depreciation versus tax savings & investment potential

  4. Cost to purchase & fringe benefit tax

  5. Maintenance & disposal costs

  6. Fuel costs & environmental costs

  7. Reporting and compliance

  8. Managing your fleet