Why car subscriptions for businesses beat traditional car rentals

September 6, 2023

Car Key being held near a car door handle

In the world of business, every penny counts. From optimising operational costs to enhancing efficiency, making the right financial choices can make or break a company’s bottom line.

When it comes to providing temporary or short-term vehicles for an employee, many businesses are rethinking their strategy. Instead of traditional car rentals, they’re discovering that car subscriptions offer a more cost-effective and flexible solution.

Whilst we’ve already touched on the 5 reasons why businesses should consider a car subscription, today we’ll explore why car subscriptions can save businesses money and provide added convenience.

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1. Flexibility that fits your business needs

Car Subscriptions and flexible vehicle contracts offer a level of flexibility that traditional rentals simply can’t match. Whether you need the vehicles for a specific project, seasonal demands or for long-term employee use, car subscriptions can be tailored to your precise requirements.

While it’s true that the costs for shorter 1-month car subscriptions may be slightly higher than those for 90 days plus, the flexibility ensures that you only pay for what you need. You’re not locked into long-term car lease contracts, allowing you to adapt to changing circumstances and control costs effectively.

2. Nationwide Coverage for your convenience

For businesses operating across the United Kingdom, the convenience of nationwide coverage is a game-changer. With car subscriptions, you can order a specific make/model and have it delivered to your offices or even your employees house, making it easy to accommodate employee travel and operational needs wherever they arise.

Whether you have offices in London, Birmingham, Manchester or Swansea, our car subscriptions can be delivered to your doorstep, ensuring your team always has transportation they require, wherver they are.

3. Consolidated Invoicing and Credit Lines

Managing expenses can be a daunting task for businesses with a fleet of vehicles. Our service can simplify this process by offering consolidated invoicing. This means you receive a single, comprehensive invoice for all of your rentals and short-term car leases, streamlining your accounting processes and reducing administrative overhead.

Whats more, for businesses we provide a credit line for your company based on your credit report, this can be used for all of our short-term solutions. Once this is in place, you can order additional vehicles with an email or a phone call, the process is really easy to set-up.

4. No Surprise Costs

Traditional car rentals can come with hidden fees and unexpected expenses. These costs can quickly add up and disrupt your budget. We don’t like to give anyone any nasty surprises so whilst most important motoring essentials are included in a payment for a car subscription including; breakdown assistance, road tax, maintenance and servicing and manufacturers warranty, we also clearly publish any “Out of Scope” charges such as PCN Admin Fees and VE 103B applications.

This predictability allows you to plan your budget more effectively and allocate funds to other critical areas of your business.

5. Streamline Vehicle Management

With our car subscriptions, the hassle of managing vehicle related tasks like maintenance, road tax and depreciation is taken off your plate. These responsibilities are handled by us, freeing up your time and resources. You can focus on your core business activities while knowing that your vehicles are being well-maintained and covered by a manufacturers warranty should any issues arise.

Conclusion

Car Subscriptions over traditional car hire offers businesses a cost-effective and convenient alternative. Whether you need the vehicles for a month or longer, vehicle subscriptions can be tailored to your business needs.

With the added bonus of consolidated billing (for 10 plus vehicles) and an easy to access credit line, really sweetens the deal. On top of this you get access to a dedicated account manager to help you arrange any additional vehicles you might need.

So why not make the switch from car rentals to car subscriptions to save money, streamline operations and allocate resources more efficiently, driving greater business success and financial stability.

Speak to the team

Find out more information about how businesses can save time and money by speaking to the Cocoon Vehicles team on 01332 290173 or use the ENQUIRY FORM below.

There are so many circumstances where you may need that flexible vehicle, just call the team on 0330 330 9425 to see how we can help you!

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