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Benefits of Leasing and Fleet Management

Doering fills a specific niche with the goal of always being subject matter experts. That niche is fleet + maintenance management. Also included are leasing services of passenger vehicles, commercial vehicles, and all vehicles up to and including heavy-duty commercial trucks. Doering is not an equipment lessor per se, but may refer clients to other equipment funding sources as needed or consider such opportunities on a specific basis. Nationwide vehicle leasing and fleet management services are Doering's core expertise.

Leasing is often a key component of a sound fleet management plan, but not a required component.

To be more competitive and/or viable in the future, it must be understood that capital is paramount. Businesses often fail as a result of lack of capital despite having profitable orders from customers. Leasing is the most efficient financing choice to achieve the utmost preservation of capital.

Doering buys a staggering number of vehicles each year. Doering's volume results in lower prices from the manufacturers than the average organization can achieve alone. In addition, Doering often receives fleet rebates from manufacturers that are not available to other customers and often negotiates large fleet discounts. These fleet rebates result in further savings to each organization.

Doering structures the most efficient fleet management program, including optional and implicit benefits such as maintenance management (optional), fuel management (optional) and a lease program which will:

  • Free up capital for its most productive use
  • Provide strategic advice, vehicle selection, holding period strategy and unbiased advice
  • Outsource most of the fleet management responsibilities
  • Provide a source of best practices information, including vehicle policies & DOT compliance
  • Provide maximum tax benefits
  • Eliminate the costs of acquiring and disposing of vehicles
  • Result in sales tax saving
  • Lower maintenance costs 20-40%, manage fuel expenses, minimize administration

Did you Know: 498 of the Fortune 500 companies use leasing and fleet management for vehicles and/or equipment and there is a transition to leasing & Fleet Management services for Not-For-Profits more so today than ever? Presumably they are the most sophisticated firms with the best advisors money can buy. Why aren't you?

One of the most obvious questions asked is "What are the Benefits of Leasing and Fleet Management?" Although the value of fleet management and leasing depends on particular situations, there tends to be several consistent advantages:

Expert Advice + Best Practices
As an independent leasing and fleet management company, Doering Leasing Co. looks out for clients and works in their best interest, whether that be brand selection, holding period, maintenance plan, or advice on best practices (vehicle policies, tax savings strategies and others).

  1. Affordability
    Doering decreases vehicle costs with large fleet discounts. Doering adds core value. Reducing the cost of fleet management in addition to the huge benefits and outsourced services provided, adding a new layer of expertise, and freeing up staff for more important organizational needs!
  2. Liquidity
    Lease payments are typically lower than financing payments because a vehicle always has a future value. Through leasing, the organization pays only for the depreciation incurred through use and nothing more. Additional capital and "equity" are not tied up in the parking lot, it's used for working capital, investment, or PP&E. Normally, leasing can result in a savings of 30%.
  3. Financial Benefits
    The ability to expense lease payments rather than capitalize and depreciate an owned vehicle is a clear tax benefit for the company, lowering net taxable income. Most importantly, the capital freed up by a properly implemented fleet management program is staggering! The IRR of this capital can typically be of very significant value to an organization looking to grow, looking to invest, looking to improve infrastructure and/or retain working capital and lines of credit for key organizational needs.
  4. Expertise
    Experts provide value, whether they be accountants, attorneys or other subject-matter experts. Leasing and fleet management professionals provide advisory services to clients looking for strategic and efficient advice on where to go, how to do it, and the best practices within the industry and in general.

To apply online, please fill out an online lease application. Corporate clients should also complete a personal credit application for all owners, very large creditworthy circumstances excepted. If you would like more information, please feel free to contact a member of our staff.