Blog
What is Long Term Car Rental?
Today, the ways of meeting mobility needs for businesses and individuals are diversifying. Buying a vehicle is no longer the only option. One of the increasingly preferred methods, especially in recent years, is long-term car rental. This model offers a very advantageous solution, especially for corporate companies and professional teams that require regular use of vehicles.
So, what exactly does it mean when car rental is long term? Under which conditions can this service be utilized, what are its advantages and which companies offer this service? Let's examine the answers to all these questions in detail.
Long Term Car Rental Definition
Long-term car leasing, as the name suggests, refers to the leasing of a vehicle for a certain period of time, usually starting from 12 months and extending up to 48 months. During this period, the vehicle is given to the use of the lessee organization; however, the right of ownership remains with the car rental company. During the lease period, all maintenance, insurance, MTV, car insurance, etc. are managed by the car rental company. The lessee company only uses the vehicles with fixed monthly payments.
This model offers a more economical, practical and sustainable fleet management solution for companies compared to purchasing vehicles. Ideal for organizations that want to reduce operational burdens and control costs, this system increases efficiency with professional support at every stage of the fleet. In this context, DRD Fleet Leasing develops customized solutions for the needs of companies with the corporate long-term leasing services it offers; it professionally manages the entire process from vehicle procurement to maintenance, from insurance to operational follow-up.
Reasons for the Increase in Long Term Car Rental Preferences
Why have long-term car rental services become so popular in recent years? There are several main reasons:
- Fixed Cost Advantage: The monthly rental fee is fixed. In this way, companies can foresee their costs in advance and do not have difficulty in planning their budgets.
- Operational Convenience: All processes such as maintenance, repair, tire replacement, accident management are the responsibility of the rental company.
- Vehicle Renewal Possibility: When the rental period expires, the vehicle can be replaced with a new model if desired.
- Capital Protection: There is no need to allocate large amounts of cash to purchase a vehicle.
- Time Savings: Operational details such as vehicle purchase-sale and license procedures are avoided.
These advantages are among the main reasons why the corporate long-term car rental model has become widespread among companies.
What is Corporate Long Term Car Rental?
Corporate long-term car rental is a service model in which companies acquire the vehicles they need while carrying out their activities by renting them instead of buying them. In this way, businesses only lease the right to use the vehicles instead of taking ownership of them.
In this system:
- All or part of the fleet is leased on a long-term basis.
- A regular monthly rental fee is paid.
- Expenses such as maintenance, insurance, tax and insurance are covered by the leasing company.
- Operational burdens are reduced and organizations can focus on their core activities.
Corporate car rental long-term models offer cost advantages and flexibility, especially for companies that use vehicles intensively in sales teams, service teams and field operations. At this point, DRD Fleet Leasing, which stands out with its experience in the sector and corporate infrastructure, offers solutions tailored to the needs of companies, making vehicle management more predictable, efficient and effortless. Thanks to DRD's strong service network, wide vehicle portfolio and professional process management, businesses can safely outsource their vehicle operations.
What to Consider When Choosing a Long-Term Car Rental Company?
There are many different long-term car rental companies in the market. Some important points to consider before renting are as follows:
- Vehicle Fleet and Brand Diversity: Companies that offer vehicle options in different segments can respond to needs more flexibly.
- Service Scope: The scope of additional services such as vehicle maintenance, tire replacement, inspection, roadside assistance should be carefully examined.
- Contract Terms: Details such as early termination, excess mileage fees and damage management should be examined.
- Customer Service: Companies that offer 24/7 support, can produce fast solutions and have corporate customer relationship management should be preferred.
- References and Experience: Companies that have been in the sector for many years and work with corporate customers will be a more reliable choice.
Differences between Long Term Car Rental and Short Term Car Rental
Many people prefer daily or weekly rentals when they need to rent a car. However, this may not be suitable in all cases. Here are the main differences between short-term and long-term rental:
|
Feature |
Short Term Lease |
Long Term Rental |
|
Duration |
Daily, weekly, 1-2 months |
12 months and above |
|
Target Audience |
Vacationers, those in temporary need |
Companies, regular users |
|
Cost |
Higher unit price in a short time |
More affordable on a monthly basis |
|
Service Package |
Basic (insurance, limited support) |
Comprehensive (maintenance, tires, roadside assistance, etc.) |
|
Vehicle Type |
Usually certain limited models |
Wider choice of brands/models |
What are the Advantages of Long Term Renting?
Renting a car offers many advantages for corporate users. The most prominent among them are the following:
- Predictable Costs: Fixed rent is paid every month, there are no surprise costs.
- Reduced Vehicle Related Obligations: Expenses such as MTV, maintenance and inspection belong to the rental company.
- Professional Vehicle Management: Processes are accelerated thanks to services such as damage tracking and guidance in case of an accident.
- No Risk of Vehicle Value Loss: At the end of the lease, the second-hand sales value of the vehicle is not concerned.
- Tax Advantage: It can be written as an expense for corporations and VAT advantage can be provided.
- Roadside Assistance and Replacement Vehicle: Spare vehicle support can be provided in case of breakdown or accident.
Which Sectors Use This Service?
Long-term car rental companies serve a large number of customers operating in different sectors. These sectors include:
- Logistics and distribution
- Pharma and health sector
- Field sales teams
- Technical services
- Construction and engineering companies
- Consulting and audit firms
In addition, startups, mobile teams and organizations with branch structures also benefit effectively from this service.
Long Term Rental for Efficiency, Flexibility and Security
Long-term car rental, which has become one of the most rational and sustainable ways to meet mobility needs today, is not only a transportation solution for companies; it is also a strategic business management model. This system provides significant advantages in terms of operational flexibility and cost control, especially for companies with growth targets, active teams in the field or operating in multiple locations. It offers significant gains not only in economic terms, but also in terms of centralized management of vehicle-related processes, time savings and more efficient use of resources.
Instead of bearing the burdens of vehicle ownership such as tax, maintenance and second-hand sales risk, organizations can conduct a more predictable and simplified operation with a long-term leasing model. This enables decision makers to use time more efficiently, plan budgets more accurately and direct the workforce to its core focus.
If you want to reduce the operational burden of your company, rent a vehicle and manage your fleet more professionally and save a significant amount of money in the long run, you can contact DRD Fleet Leasing, which stands out with its experience and reliability in the sector. With its strong operational infrastructure, wide range of brands and models, expert customer management and digital solutions that simplify processes, DRD enables you to manage all your company's vehicle needs from a single source and with confidence.
Meet the services offered by DRD to experience all the advantages of long-term leasing with solutions tailored to your organization; let your vehicle operations continue on their way with DRD assurance while you focus on your business.