If you’re a fleet manager and you’re wondering “should I lease or buy my fleet vehicles?” – this is the blog for you.

Read on to discover the biggest advantages and disadvantages of leasing fleet vehicles versus buying your own, so you can ultimately make the right decision for your business.

There are really four categories we’ll break each section down into. They are:

• Cost: The expenditure for owning or leasing your fleet’s vehicles
• Usage: How you’ll go about using your fleet
• Fleet maintenance: The accountability and potential ramifications of who is responsible for fixing and maintaining the fleet’s vehicles
• Fleet management: How it all fits into the wider task of fleet management logistics.
  

Pros and cons of buying fleet vehicles

Pros and cons of leasing fleet vehicles

Fleet leasing vs buying: which is better?

So, is it better to lease or buy fleet vehicles?

As a provider of leased fleet vehicles, you might expect us to tell you leasing is unequivocally the better of the two options. But the truth is, it really does depend on your needs, and how you run (or plan to run) your fleet.

What we can say is that a little like subscribing to Netflix vs. collecting DVDs and Blu-rays, leasing is often far more convenient. It offers and faster route to market, with lower start-up costs and less ongoing responsibility for your fleet’s vehicles in the longer term.

The job of a fleet manager is never easy, and having the right leasing partner can help take some of the potential headaches out of the role. At SG Fleet, we’re proud that we work with many established fleet businesses, providing vehicles and support to optimise the day-to-day running of their fleet operations.

To find out more about how we can help your business, call us on 01782 337 312 or email CSalmon@sgfleet.com.