How It Works - The Difference
A summary of the main differences between lease and ownership:
Benefits
This is one of the areas in which you can benefit significantly from a lease arrangement.
The major risks of vehicle operation are: -
- Initial purchase quality and safety issues
- On going repair and maintenance – servicing, mechanical repairs, breakdowns, warranty claims, trouble shooting and safety consideration.
- Vehicle usage – monitoring and control thereof, effect of over utilization, impact on resale values.
- The future impacts in the vehicle industry?
- Residual risks (anticipated value of vehicle upon disposal)
Many issues impact on determining vehicle policy. Hawk Fleet Lease offers experience and impartiality in helping decide what will best suit your requirements.
Factors we can assist with under a lease or fleet management include:
- Cost – net purchase price, running costs and resale expectations.
- What is the vehicle to be used for? – Sales, carriage of goods, management, high or low distances.
- What do similar industries (competitors) do?
- How to introduce change.
- Know when and how to act if market conditions change.
- What is happening in the vehicle industry that will have an impact now or later
- Low cash outflow is required to lease vehicles as compared to the high capital expenditure in acquiring own vehicles
- More efficient cash flow management resulting to improvements to your liquidity.
- Funds available for Capital Expenditure could be redeployed as Working Capital to generate higher revenue
- More efficiency in Capital Employed
Think of the number of processes and people involved in the running of your fleet of vehicles:
- Initial purchase – vehicle souring, order forms, payment, vehicle registration details
- Ongoing – registration, servicing (making it happen) payment of maintenance costs, collation of costs, reporting thereof, how to benchmark, Road Tax, Insurance renewals, Claims for accident repairs.
- Vehicle sale – comparing to similar assets, confidence in methodology.
- If your systems are manual or automated – it still requires substantial investment in time and funds to ensure you can get the best out of your fleet and that management can receive meaningful exception reports. Hawk Fleet lease does this on your behalf – you simply contract us to do so under your lease or fleet management arrangements.
- Vehicles are our business – we invest in the best systems and people to manage this cost effectively for our clients.
- By utilizing a fuel card (s) you can retain total flexibility and benefit from incorporating the fuel data and invoicing into your monthly reports
- Having total snap-shot of all your vehicles related expenses as managed by Hawk Fleet lease is a significant time saver and a great management tool.
Should you wish to consider including a fuel card within your arrangement you will benefit from significant savings on fuel purchases, as well as the comprehensive centralized billing/ reporting as mentioned above.
- Achieving pricing benefits is not too difficult – it is the activity levels, consistency and the ability to measure the effects that are the real challenges.
- Unless you are constantly in the market as an impartial ‘buyer’ this is almost impossible to achieve. There are also future influences that need to be acted upon from time to time (i.e. imports, tariffs, exchange rates, taxes etc).
- The ability to monitor, record and compare a wide range of costs is critical in achieving true savings. Hawk Fleet lease has the volume, systems and resources needed to do this successfully.
If you are interested in comparing these types of costs, you should to contact us
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Hawk Fleet lease can purchase qualifying vehicles and mobile assets currently owned by you and lease these backs under our operating lease arrangement. Even with a few vehicles you may be able to raise a significant amount of cash and reduce your costs. (Purchase subject to vehicle age)
You benefit from an immediate cash inflow from on sale of your current fleet of company vehicles. |
All Hawk vehicles are registered with an International Emergency Assistance provider. This assistance is available 24 hours a day, 7 days a week, throughout Peninsular Malaysia. |
Contact Lease Department
Our Address
NO 4 JALAN SS13/3E
SUBANG JAYA INDUSTRIAL ESTATE,
47500 SUBANG JAYA,
SELANGOR DARUL EHSAN
Tel: 03-56326488/ 56316488
Fax : 03-56356466
Email: sales@hawkrentacar.com.my
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