Saving business money with the best car rental deals

If you run a business that requires the use of a car for an extended period then you might want to consider hiring one, as the best car rental deals can bring a number of benefits and can actually save you money.

"If you need the car for a year or more then you would probably be better off using a lease firm," says Tony Vernuccio from Delta Car & Truck Rentals. "But any length of time less than a year, and you will most likely save money hiring it from a car-hire company." 

Mini lease

When you hire a car for a period of months it is usually under an agreement called a mini lease. This agreement generally covers any period of time longer than a few weeks but less than a year.

The price is usually agreed on a per-month basis and is decided according to: 

• the age and standard of the car
• the distance to be travelled in the car
• the nature of the business to be conducted using the car.

The fee can be paid up front or in smaller, regular payments. 

Benefits of long-term car rental

Hiring a car long term can save your business money because:

• hiring for a required length of time is much cheaper than buying a car
• the car-hire firm pays all costs, including registration, insurance, maintenance and repairs
• you can be certain you will get a well-maintained car, so there will be less chance of breakdowns and hence less downtime for your staff
• in the unusual event of a breakdown the car will be replaced immediately, so you will not lose time or money
• you will not be liable for depreciation on the car.

Certainty helps business planning 

One of the biggest financial advantages of long-term car rental comes from knowing exactly what your financial obligation is right from the word go. After negotiating a price with the car-hire firm, apart from fuel (the costs of which you can easily calculate in advance), that amount is all you pay. 

There are no hidden costs or nasty surprises. In the event of a breakdown or an accident that is not your fault, you will be given a replacement car in good time so your business does not suffer financially.

"It's all about being certain of what your costs will be in relation to your car use," says Tony. "And being certain means you are able to plan ahead."

That's good for business. So talk to a car-hire firm today and ask how the best car rental deals can improve your bottom line.