Five reasons corporate car rental is a positive choice for your business
As more and more companies look to enhance their employee benefits packages and cut the operational costs of running their fleet, corporate car rental is becoming a popular option.
Not only does it help monitor, maintain and reduce expenditure, but it also helps to minimise risk associated with their grey fleet, improve environmental credentials and meet the demands of a busy corporation.
That’s why this month we wanted to showcase five reasons that corporate car rental is a positive choice for your business.
Season-specific corporate rentals
Corporate car rentals are all about giving you the flexibility you need during the busier and quieter periods throughout the year. The main benefit of season-specific corporate rentals is that you can forecast when the vehicles are going to be needed most and budget accordingly.
For example, if your sales team regularly meet with prospects and clients during the summer months, then you can adjust the number of corporate rentals in your fleet to meet this demand. In contrast, if you have quieter periods, then you can cut back on your fleet.
Not only does this help streamline your operations, but it also helps to improve your cash flow.
Fully serviced and maintained
When you’re taking out a corporate rental agreement, whether it’s short or long term, you know that the vehicles are going to have a full service and maintenance history.
The added benefit of choosing a corporate rental over purchasing a vehicle for your fleet is the significant savings it can include. These include the saving on operational costs, saving on unplanned fleet downtime and saving time on unnecessary administration.
The rental company will take care of maintenance scheduling, so you don’t have to. If it’s part of your agreement, you may also receive a courtesy car should one of yours break down.
Vehicles based on your unique requirements
Whether you need refrigerated vehicles for corporate catering events or overseas rentals for planned business expansion, corporate car rental companies have a wide range of vehicles available for you to choose from.
At the same time, any vehicle chosen for your fleet is based on your specific company requirements. For example, if you’re employing staff on a trial basis, but they still need to drive to different locations, then a corporate car rental is ideal.
The vehicle can be rented for a however long you need it, even if it’s just for the term of the employee’s contract. This helps you to manage your cash flow, whilst still ensuring that your business is operating smoothly.
Reduce the total fleet costs
As with any business, overheads and operational costs need to be monitored, especially when it comes to your fleet.
We’ve already touched on seasonal-specific rental requirements, but it’s important to remember that corporate car rental can help reduce your total fleet costs in other ways too. These include:
- A choice of modern, economical vehicles, reducing your fuel expenditure
- Rental cars can be used as car shares, reducing your fleet costs
- Fully maintained, reducing the cost implications of unplanned downtime
- Delivery options are available, reducing travel time and costs for your staff
- Fleets can be increased or decreased, dependent on your needs
24/7 management portals
When you’re taking out a corporate car rental, it’s important that you’re able to access all the relevant information surrounding your booking in one, central location.
For example, at Fourways Vehicle Solutions, we have a 24/7 management portal, which can be used to organise and monitor your booking in one central location. Foursky gives you insights into the total cost of your vehicle rental, but it also allows you to extend the rental length if needed.
Not only does it allow you to manage your existing booking, the system also remembers your previous rental data, meaning you don’t have to spend time or resources inputting the same information.
Foursky also lets you monitor authority levels or driver profiles, whilst your dedicated support team can be contacted directly should the need arise.
There we have it, five reasons why a corporate car rental is a positive choice for your business. Not only does it help cut the costs surrounding employee driving, but it also helps you adhere to your Duty of Care as an employer. What do you think?
Are you an employer that regularly rents a vehicle for your employees? Or maybe you’re an employee who’s been given a rental car by your work. We’d love to hear your thoughts, so make sure you let us know in the comments below.
Our specialist team are happy to answer any questions you may have, so make sure you get in touch today if you’d like to learn something specific.