Faced with the need to maintain a
cost-effective transport facility
within tight budgets that are constantly
assailed by inflation of capital, running,
and servicing costs, an increasing
number of companies have turned to
leasing as an alternative means of
financing their motor vehicles.
Executives responsible for a company's
transport and its planned use
are well aware that extending the life
of the current fleet of cars incurs
increasing maintenance costs and ultimately
a lower trade-in value. Such
savings as can be made by hanging on
to the old vehicles must inevitably be
short-term and generally followed by
a major capital investment programme
if new cars are to be purchased.
Car leasing, however, takes the
pressure off the transport executive
and his medium-term budgetary situation.