The Emerging Trend of Business Car leasing

Many often company people find themselves in dilemma when it comes to hire or buy a new vehicle. This is one the ways adopted by various companies to put a control on their cost. In this dwindling economy, companies are striving towards deriving new ways to control their expenses in every aspect of business. In a short, it is the main aim of any business.  Be it Human Resource, Operations, Sales, or Admin, there are several ways to put a break on the expenses.Business car leasing is one of most emerging trend in today’s economy. Many companies take car on lease for business purpose. Instead of buying a new vehicle for business purpose, it is always sagacious to go for business car leasing. The primary advantage is the flexibility and the secondary is convenience. As the company doesn’t own the vehicle but can use it for a specific mileage which in turn allows the company to elasticize their schedule to make the most of their investment. In simple words, business car leasing is the process of taking cars on lease for short term or long term purposes. It is a universal fact that new cars lose their book value very quickly. A new car generally loses up to 80% of its book value till the final sale. As a nimble businessman, you wouldn’t like to invest in such a risky deal. There are various reasons why the number of companies availing business car leasing services is increasing rapidly. Generally the cost of business car leasing relies on the mileage the car will cover on a daily basis.  Depending on it, the leasing company will fix your monthly payment schedule which you are supposed to pay timely. One suggestion is that to opt for higher mileage as sometimes you may need to run longer that the usual.Oriel Vehicle Leasing specialize in funding solutions for Cars, Contract Cars, Commercial Vehicles, Plant and Machinery as well as Business Car Leasing for business users and private individuals. We provide lucrative Car Leasing Deals to businesses as well as individuals.