Navigating fleet financing:
From buying to full-service leasing.
There are many ways to finance your fleet. From buying the cars and managing them yourself to full-service leasing, where a leasing company finances and manages your fleet with you. At Ayvens, we offer a wide range of flexible financing solutions tailored to meet your specific business needs. Our financing options provide cost-effective ways to acquire and manage cars, offering operational and financial benefits. Let’s dive into the different methods of financing a fleet and the details of each option.
Buying
As a company, you finance your cars with company money or with a bank loan. Managing the fleet will be done by an employee. The typical fleet management tasks this employee or employees will need to do range from ordering cars to managing fuel, driver services, taxation and eventually, selling the car. When a company funds the cars in fleet, the company also takes on the residual value risk.
Financial lease only
A financial lease is almost the opposite of a management only lease. With a financial lease, the fleet management company will finance a company’s cars while the management of the cars is done by the company and not the fleet management (leasing) company. Typically contracts are 3-4 years long and the fleet management company takes on the residual value risk.
Management only
With a management only lease contract, the company still finances the purchase of the cars with company money or a bank loan, but a fleet management (leasing) company manages the car services. The residual value risk stays with the company as the cars are still company owned. With a management only lease, the fleet management company will take care of a fleet matters from ordering and managing cars to supporting drivers.
Full-service leasing
Full service leasing is the most all-encompassing leasing option. The fleet management company (e.g Ayvens) finances the purchase of the cars and manages the fleet, from ordering, fuel management and driver services. The fleet management company also bears the residual value and the risk for repairs and maintenance costs. Contracts are typically 3-4 years long with options to extend or go for a flexible contract.
Advantages of fleet management with full-service leasing
- Global experience and knowledge
Harness the power of an efficient fleet without the operational hassles, and lean on Ayvens' global expertise.
- Comprehensive monthly rates
Experience the simplicity of monthly lease payments, which encompass everything from repairs and maintenance to insurance and road tax.
- Mitigated operational risks
Say goodbye to unexpected costs and unplanned car repairs. With Ayvens’ inclusive monthly fee, you're protected from sudden expenses and the uncertainties of car residual values.
- Optimal capital allocation
Direct your business's resources towards pivotal growth initiatives. With Ayvens managing your fleet, employees benefit from state-of-the-art cars without a substantial upfront commitment from your end.
- Decades of expertise
Ayvens, a union of ALD Automotive and LeasePlan, stands as a testament to excellence and innovation in global mobility. Our journey has been marked by strategic growth, always aiming to redefine the future of transportation. Our commitment is clear: simpler, smarter, and sustainable fleet solutions for every business.
- Leadership in sustainable mobility
As we transition into the future, Ayvens leads the charge. Boasting the world's most extensive multi-brand EV fleet and managing a staggering 3.4 million cars globally, our ambition remains unwavering. We're not just participants; we're shaping the very future of sustainable mobility.
One size doesn't fill all
Ayvens Flex
For many of us, flexibility is key and that is what Ayvens Flex offers. The flexibility to have a full-service lease from 1-24 months, a car that’s available immediately, no early termination fees if you decide to return it early and a replacement car if your car is out of service (for repairs) for more than 1 day.
Used car leasing
Looking for a lease car but on a budget? Or need a car quickly? Used car leasing can be the perfect solution. All cars are four years old or younger, well maintained and have a low mileage. Leasing a used car means the car is available to be delivered much faster than a new car, 12-month leases are available, and it is more affordable than leasing a new car. Find out more about used car leasing.
Commercial vehicle leasing
At Ayvens, we know a van is not a car and requires a different approach. This is why we are specialised in both passenger cars and light commercial vehicles. Offering tailor-made advice on LCVs from choosing the right vehicle to setting up racking, we are here for you. Find out more about leasing a commercial vehicle.
Release your capital with sale and leaseback
If you need cash to invest in your business, it’s worth considering sale and leaseback. It is exactly as it sounds. You sell Ayvens your company cars and lease them back from Ayvens, at a fixed monthly rate that includes repairs, maintenance and fleet support.