Fleet Funding

RSS Fleet Funding


Fleet Funding

There are plenty of things to consider when thinking about fleet funding and how to effectively manage these costs. From outright purchase, rental and contract hire, fleets have a range of different vehicle funding options to them. As well as considering a few of the points below;
 
  • Available cash for funding vehicles vs utilising the same cash for core company needs.
  • Tax implications of different funding routes.
  • Type of vehicles operated.
  • Balance sheet implications, if appropriate.
  • Attitude to risk and exposure to maintenance and residual value costs.
  • Importance of budgeting/cash flow.
  • Fleet management expertise available.
  • How central managing a fleet is to the business concerned
 
Find out more about fleet funding methods, fleet rental, fleet finance lease plus much more by reading the articles below.
 
 
Fleet Funding: Mini Lease

Fleet Funding: Mini Lease

22 February 2010 15:19

A mini lease offers the same flexibility as rental, but over a slightly longer term, allowing a business to get the cars and vans it needs without long contracts.


Fleet Funding: Employee Car Ownership (ECO) scheme

Fleet Funding: Employee Car Ownership (ECO) scheme

22 February 2010 15:18

Many employers offer a ‘cash-for-car’ option to employees who would qualify for a company car.


Fleet Funding: Sale and leaseback/Sale and rentback

Fleet Funding: Sale and leaseback/Sale and rentback

22 February 2010 15:18

Sale and leaseback, also called ‘purchase and leaseback’ or simply ‘leaseback’, is where a business sells its vehicles to a lessor and continues to use them under the terms of a lease.


Fleet Funding: Lease purchase

Fleet Funding: Lease purchase

22 February 2010 15:13

Lease purchase is structured in the same way as contract purchase, with a lump sum or so-called balloon payment made at the end of the agreement based on the residual value.


Fleet Funding: Tax changes and funding your fleet

Fleet Funding: Tax changes and funding your fleet

22 February 2010 13:19

The Government is using tax as a means of encouraging the use of ‘cleaner cars’ by aligning tax bands with a vehicle’s CO2 emissions.


Fleet Funding: New accountancy rules proposed

Fleet Funding: New accountancy rules proposed

22 February 2010 13:14

Businesses will be affected by new accountancy rules for leasing if proposals in a discussion paper by the International Accountancy Standards Board (IASB) are adopted.


Fleet Funding: Rental Supplier Checklist

Fleet Funding: Rental Supplier Checklist

22 February 2010 11:48

Here are some key issues fleets need to consider when choosing a rental supplier.


Fleet Funding: Beware of ‘hidden’ charges

Fleet Funding: Beware of ‘hidden’ charges

22 February 2010 11:39

However a fleet is funded there is the risk of incurring ‘hidden’ or ‘unforeseen’ costs and its imperative to include them when budgeting.


Fleet Funding: Where can brokers play a role?

Fleet Funding: Where can brokers play a role?

22 February 2010 11:36

Brokers are a very effective and quick method of accessing vehicle leasing products, especially PCP or contract hire.



fleet poll

How is fuel purchased at your company?

We issue drivers with a weekly fixed price fuel card: 9.5 %

We issue drivers with a pump price fuel card: 28.6 %

We do fuel hedging (fixing the price of fuel for up to a year): 9.5 %

We use Platts pricing: 9.5 %

We have a pay and reclaim system: 33.3 %

We have fuel bunkers at our site(s) : 9.5 %

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Find all the information and advice you need on fleet funding, the fleet news fleet funding section has the latest news, articles and professional guides to make sure you keep up to date on fleet funding.  

Effectively managing fleet costs and the funding of your fleet is very important, read all about fleet funding with the fleet news fleet funding guide.

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