Company cars can be financed in various ways: with your own funds, financial leasing, operational leasing,... Each method has its advantages and drawbacks.

What is operational leasing?
Each month you pay a fixed rent which covers all of the car expenses. This is therefore an all-in lease, including interest, levies, maintenance costs, repairs, insurance policies, depreciations, etc. The lease company assumes responsibility for the complete management of the vehicle fleet (registration, maintenance, repairs, etc.).

What are the main advantages?
- cost and risk management
- more detailed budget follow-up
- more time for your core business as a result of completely outsourcing the vehicle fleet management to the lease company (24 hours a day, 7 days a week).

What are the financial advantages?
- the costs of the vehicle fleet are known in advance, so they can be precisely budgeted.
- the lease company assumes the residual value risk. Changes in models, environmental standards or simply the tastes of buyers mean that the sale of second-hand cars is not as profitable as it may appear. Moreover, the added value compared to the book value is subject to taxes.
- the leasing company can negotiate serious discounts with the suppliers, a benefit you share in as well.
- The VAT is totaly deductible

What are the operational advantages?
- the lease company gives you its knowledge and know-how in order to efficiently and effectively manage your vehicle fleet, thus saving you time.
- the mobility of your employees remains guaranteed, thanks to the replacement car which is provided for in the contract.
- the lease company assumes all risks of repair, maintenance and residual value. After all, it has all the knowledge necessary in order to estimate the operating costs and influence the composition of the vehicle fleet.

Arval is a leading operational leasing company. Interested in knowing the extra advantages which Arval can offer you? Take a look at “Who are we?”.