Some people believe owning your fleet gives you more control as you are not tied to lease contracts and can dispose of vehicles when it suits you.
What they forget is that ownership ties up a significant amount of capital that could be put to better use in other areas of your business.
Leasing frees up this capital, moves your vehicles off your balance sheet* and becomes a tax deductible expense**.
The true cost of ownership is not just the upfront outlay, it’s the day to day management, the maintenance and the administration of vehicles that are not your core business. With an ORIX lease, the administration and management of your fleet is carried out by industry experts. The costs to maintain the vehicle are budgeted into the lease and ORIX takes the residual risk on disposal.
Working with ORIX as the subject matter experts gives you access to:
Vehicle fleet policy and planning expertise.
Volume purchasing power on vehicles, servicing and fuel.
Comprehensive online and reporting facilities.
A full suite of fleet management services – budgeted into the lease or via a recharge facility.
Vehicle lifecycle management.
Fixed monthly costs and budgeting.