10 Sep Corporate Fleet Purchases: The Need of the Hour for a Rapidly Expanding Business
If your business is growing rapidly, you will almost certainly put in more effort for logistics as well. In other words, you will have to deliver more products, hire new salespeople, purchase more equipment, and take care of your supplies.
At the same time, you will also have to meet the increasing expectations of your clients. This means you will have to buy large numbers of corporate fleet vehicles thanks to a steady increase in business needs. However, you will be able to save on procurement to a great extent. That is, provided that you purchase all your vehicles from the same source and also at the same time. In the automobile industry, such bulk purchases are known as ‘fleet purchasing.’
Different Types Of Fleets
There was a time not so long ago when bulk fleet purchase discounts only applied to 10 or more vehicles. However, the competition in the automotive sector has forced many dealers to rethink the minimum number of vehicles that may constitute a fleet. This is why they have started offering considerably more flexible fleet procurement programs. It makes sound sense to take a look at fleet purchasing, even if you only need 4 or 5 vehicles at most.
But there is a cravat here. All of them have to be of the same type. If you want different types of vehicles, then it won’t be that easy to convince the dealer to give you a bulk discount. Many dealers will want to treat it as individual purchases only.
Most of the mainstream manufacturers typically offer their own fleet purchasing programs and refer all fleet purchasing queries to the relevant department. But it is important to shop around and compare different offers. This is because many dealers only allow specific vehicles to be purchased on fleet discounts. It is not advisable to be penny wise and pound foolish. You should only invest in those vehicles that best serve your long-term needs. That is, you should desist trying to save a few bucks by getting vehicles that are not suitable for your business model.
Why Go For Your Own Fleet?
Maintaining your own fleet is a tremendous convenience for employees. There are few perks better than picking your favorite car from the company lot. This will help you to retain your human resources talent who would prefer to work with you instead of with your competitors. There is also the added benefit of putting your company logo on your fleet, thereby increasing brand awareness to a great degree.
Moreover, you will not be dependent on external actors for making sure that your products and services are timely delivered to your customers.
In light of the above, it is easy to see that corporate fleet vehicles are a wonderful investment and are sure to pay dividends in the long run.