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TOTAL COST OF OWNERSHIP ACCOUNTING STATEMENT

You may use your financial resources more effectively than you have imagined by choosing operational leasing. Which one is more profitable for your company?

PURCHASING FIXED INVESTMENT
Vehicle Price
Licence + Plate Number
0
VEHICLE EXPENSES YEAR 1 YEAR 2 YEAR 3 YEAR 4 TOTAL EXPENSES
Interest
Tyres
Maintenance
Traffic Insurance
Motor Insurance
MVT
Personnel Expenses for Accounting
Personnel Expenses for Fleet Management
TOTAL EXPENSES 0 0 0 0 0
Second Hand Sales Revenue
Total Cost 0

WHICH ONE IS MORE PROFITABLE FOR YOUR COMPANY?

Fleetcorp Operational Leasing

  1. There is no cash outflow in your balance sheet or credit usage.
  2. Vat in your leasing invoices is entered in your accounts.
  3. Motor Vehicle Tax is included in leasing invoice.
  4. After sales services such as maintenance, repairment, insurance, tyres, replacement vehicle, 7/24 Road Assistance services are conducted by Fleetcorp and included in your leasing costs.
  5. You do not take the risks of your second hand vehicle sales in the volatile vehicle market.
  6. You can reach all the details about your fleet via Online Reporting tool whenever you want.
  7. Fleetcorp’s professional team will support you for your fleet management.

Purchasing Option

  1. There is cash outflow in your balance sheet and credit usage.
  2. Vat in your leasing invoices becomes a cost element as it can not be entered in your accounts.
  3. Motor Vehicle Tax is stated as non-deductible expense.
  4. You are supposed to follow all aftersales operations of your vehicles such as maintenance, repairment, insurance, tyres, replacement vehicle, 7/24 Road Assistance services.
  5. You take the responsibility and risk of the sales of your second hand vehicles.
  6. You need to manage and follow your fleet costs and operations.
  7. You are supposed to recruit a fleet management team for your company vehicles.
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