Small and medium sized businesses simply don’t understand the potential cost and administrative benefits of vehicle leasing, according to research from LeasePlan. Almost 90% of respondents to its survey admitted to feeling overwhelmed by the administration involved in business vehicle management, yet 43% of decision makers still believe vehicle leasing is too expensive for their organisation.
Matt Dyer, Managing Director of LeasePlan, says:
‘It is surprising to see that such a high percentage of decision-makers believe leasing is both too expensive and too time consuming for their business. These figures suggest people have developed a misconception of the fleet industry and the concept of leasing . . . We cannot remove admin tasks completely, but we can reduce the time-draining tasks for business decision makers.’