The argument between leasing and buying has its champions for each side… when it comes to a personal vehicle anyway. But, what about when you are looking at vehicles for your work fleet? When you are tasked with finding the best deals for your company vehicle, does the argument still work the same way?

Comparing buying versus leasing 4X4 work trucks or other company vehicles for your workplace is very different from the advantages and disadvantages of making the decision for a personal vehicle. Moreover, there is another option: Renting vehicles for your fleet.

renting-vs-leasing-vs-buying-blog-image-1The typical argument between leasing and buying comes down to that by leasing you can regularly get a newer vehicle and don’t have to worry about maintenance as much, but by buying, you eventually own your vehicle, and have an actual asset to show for the money you’ve spent and it’s yours to outfit with any modification you please. Thus, coming down to a choice based on preference. Now, a combination of the assets of each is also possible when it comes to company vehicle rentals. That is, by renting, you could have both a new current model year 4X4 pickup truck, as well as the option to get rid your rental when it’s not being utilized. Moreover, Barco allows you to outfit your rental as you see necessary – from adding company brand decals to any racks you need. Moreover, you’re able to free up capital through not spending money on an asset you aren’t using, also known as 100% fleet utilization.

This fleet utilization is useful for companies that are doing work in a number of different jobsites over varying lengths of time. Moreover, needs change from jobsite to jobsite, so a one-size-fits-all approach is typically not your best option. Getting stuck in a contract that worked for one job is not managing a fleet in the best way possible.

Maximizing your fleet utilization is one of the biggest reasons you would want to choose to rent vehicles. You don’t have to make a long-term commitment, and by only having a short-term commitment, you can pick and choose whether you need vehicles or not. Some jobs require more, some less, if every job had a cookie-cutter like formula that worked every time – what a simple world we would live in!

You may be thinking to yourself, “well sure the points laid out in this article make sense, but I can think of a number of disadvantages to renting that aren’t mentioned here!” It just so happens that Barco Rent-A-Truck has you covered on what you may see as disadvantages.

For example:

  • What are the Delivery costs?
    • Delivery is completely covered by Barco for free with just a three-month minimum rental request, and that goes both ways, we pick them up for free as well!
  • What about other truck problems?
    • All Barco rentals come with a full warranty.
  • If I caused usage damages, how much will that cost me?
    • Barco understands you’re using a truck for difficult jobs, and offers a very generous damage waiver.
  • What is the cap on miles I can drive?
    • Barco allows you unlimited miles with your trucks.

 

The benefits of renting with Barco are too vast to continue this article without making it a book, so get a free quote from us now, and get your trucks rented already!