BUSINESS & FINANCE
Steps To Follow When Leasing A Fleet
If you have business needs, you can buy a fleet of vehicles. Based on the number of cars you need, you can also lease a fleet. If you have no idea how to go about leasing a fleet, you can follow the easy steps that we have described below.
Head to the website of the manufacturer
First of all, you should go to the website of the manufacturer to check out different types of cars and their prices. Based on your needs, you can go for cars that are fuel-efficient or luxurious. In order to get a pretty good idea of what you should go for, you can build the vehicles in a virtual environment. This way you can get a better idea of the prices and the features of the vehicles. By comparing various models, you can get the right one.
Contact the manufacturer
You should get in touch with the manufacturer in order to know more about the fleet leasing. The manufacturer may refer you to a local dealer. However, what you need to do is ask him important questions in order to prepare yourself to meet the dealer. Once you have asked the important questions, you should contact the dealer for an appointment. Next, you should meet the sales or fleet manager.
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Talk about your term options
When meeting the sales manager, you should talk about your term and mileage options. Make sure the mileage options will satisfy your business needs since most fleet leases are subject to high penalty fees. You should look around if the dealer doesn’t satisfy your lease needs.
Talk about discount
Before talking about discount, you should let the manager know the number of vehicles you need. Based on this, the dealer may give you a handsome discount. Aside from this, you should talk about vehicle options and get the estimated cost to ensure that the cost will not be a burden on your budget.
Fill in the credit application
Before you place the order, make sure you fill in the credit application for approval. In the forum, you will have to write your business name, income details, tax identification number and the Society Security number. Moreover, your dealer may ask for the copies of your driver’s license and business license.
Shipping options
Once you have placed your order, you should talk about the shipping options. Your next step should be to get a timeframe for the delivery of the order and plan accordingly. You will get the vehicle identification numbers from the dealer.
Lease contracts
Once you have signed your lease contracts, you should wait for the vehicles to be delivered. Next, you should register the vehicles in your insurance policy and give the proof to the dealer. Make sure the vehicles get delivered to you free of charge.
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Vehicle registrations
Ask the dealer to give you vehicle registrations and license plates. If you decide to collect them from the dealer, the dealer will install the plates on each of the vehicles. In another case, you will have to get the plates and install them on the vehicles on your own.
So, these are the steps that you may follow when leasing a fleet.