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Lease vs buy: which is better for your business

For your fleet

When it comes to business vehicles, which is better? Own or Lease? It’s worth taking a moment to evaluate what is best for you.

Buy

If you own the asset you’ll also own the financial burden, cashflow pressures, limited flexibility, and the risk of not getting what you expected at resale.

Lease

Lease and you’ll enjoy cost advantages, greater flexibility, valuable cashflow certainty, less exposure to risk, and knowing exactly where you stand at the end of the lease term.

Better still, you can take advantage of volume discounts on vehicle prices and all running costs, strategic planning and improvement advice, dedicated fleet administration, professional maintenance oversight, and much more.

Benefits and costs

Leasing can result in less stress and less financial pressure, however, it is worth knowing all of the benefits and costs whether buying or leasing.

 

Download our free Lease v Ownership paper to learn more.

 

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