3 questions to consider before ordering new fleet vehicles
When the leasing cycle of a vehicle ends, it’s worth revisiting the terms of individual models to assess their lease duration. To determine how your company can benefit from setting an optimal replacement cycle, consider the following questions.
- How important is fuel efficiency for my company?
With continuous advancements in technology, new vehicles are approximately 3% more fuel-efficient each year. Opting for shorter lease terms, such as replacing vehicles every three years, can reduce fuel consumption, resulting in lower fuel costs and decreased CO₂ emissions. Ayvens experts can recommend models tailored to client needs and current market conditions, helping your company achieve significant cost savings.
- Can I extend the flexibility of my fleet?
At Ayvens, the composition of services included with vehicles can be flexibly adjusted to suit changing requirements. If you’re unsure which additional features to incorporate into the monthly fee, consult Ayvens for recommendations based on their experience. For instance, if windshield damage, pothole incidents, or rodent damage frequently occur within your fleet, you can expand the services package to include supplementary insurance coverage for these events.
- Is Retaining Skilled Employees a Priority for My Company?
Attracting and retaining talented employees has become an increasing challenge across many industries. Offering a corporate car, often included in an attractive benefits package, is a key tool for retaining talent. Leasing vehicles enables employees to receive new cars more frequently, which not only makes advertised positions more appealing to potential hires but also boosts satisfaction and loyalty among existing staff.
If predictable cost savings are your company’s primary concern when determining lease contract durations, the conventional four-year lease term may be the best choice. However, if your focus is on increasing employee satisfaction, reducing environmental impact, minimizing tax burdens, and leveraging available benefits, shortening the vehicle replacement cycle offers a more effective solution.