The benefits of long term car rental
Whether you’re looking to increase your employee benefits scheme, erase the headache of your grey fleet or you simply want to benefit from the latest model for an extended period of time, a long-term car rental could be the best option for you.
Most people only think that you’re able to rent a vehicle over a shorter period of time, but this most certainly isn’t the case. The costs of long-term vehicle rental have come right down over the last few years and so that’s why this month we’ve listed the top benefits for you and your business.
Flexible contract terms
One of the key benefits of long-term rental is that you and your business aren’t tied to a fixed term commitment. With payments made in easy to manage monthly instalments, you’ll be able to forward plan your budget and costs. If your circumstances change you can return the vehicle with no hefty penalty.
The added benefit of this is that in times of unrest or when employees move on to another company, you don’t have the worry about a large, unused fleet.
No depreciation costs
We all know that as soon as a new car is driven off the forecourt its value suffers from depreciation. With a long-term rental contract, you don’t have to worry about this. All you’re paying for is the use of the vehicle and it’s fuel, it’s down to the rental company to forward plan for the eventual car value.
Support, guidance and honesty
When you take out a contract with a well-established fleet hire company, you can rest assured that from start to finish you’ll be supported throughout the duration of your contract term.
Whether this is during an emergency or if you just have a question about your mileage, a long-term contract means long-term working relationships.
For example, here at Fourways we have a 24-hour emergency hotline that’s manned by our own staff, so you know you’ll always be able to speak to a member of our team, even in the midnight hours.
A wider variety of vehicles
When it comes to buying a new vehicle, your choice can sometimes be limited based on your budget. However, this isn’t the case when it comes to a long-term hire contract.
Well-established car rental companies offer a range of vehicles for you to choose from. From refrigerated vehicles to dual control cars, minibuses to city cars and prestige models, there will always be a vehicle to suit your needs.
Better for your balance sheet
Many large companies take advantage of long-term vehicle rental, as it gives them more control over their vehicles, and improves their cash flow. This is because they’re able to set your budgets accordingly, based on the monthly payments that have been set out in your rental agreement.
A 24/7 Fleet Management System
As we’ve already mentioned, we’ve recently launched our brand new fleet management system, Foursky. Customers are able to use the online portal to manage their vehicle rentals from start to finish, 24/7.
From efficient repeating booking capabilities to a full range of reports, every aspect of your long-term rental can be managed through the Foursky APP. Not only does this give you control on the go, it also means you can manage all your drivers from one location.
How else could you benefit?
- Delivery and collection of your chosen vehicle if needed
- Vehicles are regular serviced and maintained
- Full management of administrative paperwork
- Full rental management, from start to finish
- Competitive prices and great value for money
- Draw on years of experience from a dedicated support team
So there we have it, the benefits of long-term car rental. What do you think? How do you think fleet customers could benefit from a long-term contract? We’d love to hear your thoughts, so please do let us know in the comments below.