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The commercial rental calculator is designed to model out a scenario in which a mix of rental and long-term leasing solutions can potentially save money while increasing flexibility within your fleet.
1. Within the Leasing section, enter the following:
a. The number of vehicles in your fleet today that you are leasing or are considering leasing
b. The average lease term (36, 48, 60 months)
2. Within the Rental section, enter the following:
a. The number of vehicles in your fleet today that you are leasing or are considering leasing and may be a candidate for rental (i.e. seasonal use vehicles). These would be vehicles in your fleet where a long-term lease solution may not make sense.
b. The average term in months that vehicles are needed (4 to 8).
3. The calculator will identify the total cost of leasing today across your fleet. It will then bring in rental costs for a subset of vehicles identified, while leasing the remainder in your fleet. The savings output compares leasing your entire fleet versus using a mix of leasing and rental.