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Fleet managers 'have misconceptions of leasing', says Leaseplan MD

Date: 20 October 2016   |   Author: Daniel Puddicombe

The managing director of Leaseplan has claimed that business decision-makers have "developed a misconception of the fleet industry and the concept of leasing".

According to Matt Dyer, his company needs to educate fleets about the benefits of leasing at a time when the fleet industry is at an all-time-high.

This comes as new research has found that almost a third of the SME businesses surveyed by leasing giant Leaseplan said their company is not suitable for leasing vehicles, yet while a further 32% said they are overwhelmed by vehicle management admin - a task that leasing can greatly reduce.

Just under half (43%) of those who responded to the poll claimed leasing vehicles is too expensive, 8% believe it is easier to own vehicles, and a further 6% said that leasing companies don't provide the right type of vehicles for their businesses.

According to the poll, 88% of respondents said they are overwhelmed by the amount of admin they need to do every day, and more than half (55%) said they are looking for support to help with these tasks.

Dyer said he's surprised that a high percentage of people believe that leasing is too expensive for their business, and added that his company has a role to educate fleet managers about the benefits of leasing. "Leasing offers a number of services to help businesses with everything from vehicle ordering, maintenance management, arranging insurance, mileage management and monitoring vehicle efficiency,"

"It can also provide greater flexibility for businesses with regards to cash flow and budgeting," he said. "We cannot remove admin tasks completely, but we can reduce the time-draining tasks for business decision makers, which gives them more time to focus on the 10-40% business growth that so many of those surveyed are striving towards," he added. .