Wondering when to flex? Optimise leasing and medium term rental

Many organisations like to have certainty around their fleets. This means they tend to default to fixed-term leasing when procuring vehicles.

While we’re fans of leasing, as you might expect, we think there is also space for a more nuanced approach to fleet procurement that combines leasing and shorter-term rentals. If you have seasonal workload changes, project requirements or unplanned vehicle downtime, this tool can help you use your limited resources more effectively by removing hidden efficiencies. Plus, it won’t take up your time to manage, as we’ve built a tool that does the analysis for you.

It’s part of our TCO+ Insights platform and is designed to give you data-driven analysis so you can see how flexible rental might help you optimise your fleet structure. The tool is then fully supported by our Consultancy and Insights Team. They will work with you to help you identify the best balance between leasing and rental for your specific fleet requirements, so you can:

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  See the cost per vehicle per day in lease vs. rental scenarios.
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  Spot break-even points where rental becomes more cost-effective.
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  Prevent over-leasing and underutilisation of fleet assets.
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  Ensure your fleet aligns with real-world demand.
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  Reduce hidden costs associated with early lease terminations and unused vehicles.

The tool also allows you to explore one of the other key benefits of flexible rental. It can be a great way to support any fleet electrification strategies you are working on, as rental allows you to trial electric vehicles before committing.