Showing posts with label open end lease. Show all posts
Showing posts with label open end lease. Show all posts

Friday, August 15, 2014

Optimizing Your Fleet For Your Money!

  Are you utilizing your vehicles in the most efficient manner?  More importantly, how do you know you are?
  A telematics solution can help answer these questions by providing detailed information about when, where, and how your vehicles are used. You can easily track trend data for trips taken, days utilized, average and peak use, and other fleet performance metrics. This easy-to-understand information helps you make informed decisions to improve vehicle utilization throughout your fleet.
  For example, tracking vehicle usage on a daily, weekly or monthly basis can help identify which vehicles might be under- or over-utilized. Non-essential vehicles can be re-purposed in other areas or departments, and over-utilized vehicles can be scaled back to reduce wear and tear. You can also use customizable reports to track short- and long-term driving patterns to help improve fleet efficiency.
  You can also receive odd-hours alerts, notifying you of unauthorized vehicle usage as it occurs. Monitoring inappropriate after-hours usage can help lower operational costs and extend the life of your vehicles.

KLINE - NO MATTER WHERE YOU GO OR WHAT YOU DO, WE CAN HELP GET YOU THERE!

  
Optimize Fleet Size
 
How do you determine the ideal size for your fleet? Again, GPS tracking can provide the data you need to make smart management decisions.
  For example, large enterprise or public agency fleets often keep older and non-essential vehicles as backups, thereby creating a bigger fleet than necessary. With telematics, you can analyze average vehicle utilization by model and by year, revealing inefficient use of older vehicles and making them candidates for elimination.
  You can also analyze maintenance issues by make and model - such as highest breakdown rates and repair costs - to determine which vehicles might be candidates for elimination or replacement. And you can identify which vehicles deliver the best fuel efficiencies, and phase out those with poor performance ratings.
  Even if you don't need to downsize your fleet, you can still generate cost savings in lieu of getting rid of vehicles. Engine diagnostic alerts, online maintenance histories, and streamlined maintenance scheduling can extend the life of your vehicles and delay the cost of purchasing new ones. They also help reduce unexpected roadside breakdowns and the resulting costly repairs.

Monday, July 28, 2014

5 Tip To Help Your Fleet Today!

Fleet management is no straight forward task, yet there are a few small changes fleet operators can make that can return some big results. See the below top tips for running a more effective fleet, compiled by our team of fleet experts, and see if you can make a change for the better today.
  1. Stay in control of your data: It’s far too easy to lose control of the multiple streams of data that form the life blood of a fleet operation. From service and repairs scheduling to driver license checking, if the data is not centralized and easy to access and interpret, there’s little point having it in the first place
  2. Select the right tool for the job ...or more specifically, the right vehicle for the trip! It sounds simple but the continued allocation of inappropriate vehicles can quickly create unnecessary cost and CO2. Don’t send an eighteen wheeler when a hatch back will do!
  3. Know what you’re spending...and overspending: Operating a successful and cost effective fleet in today’s economic climate means keeping on top of your spending and identifying areas of waste in order to implement cost saving initiatives. This can be easier said than done if you’re relying upon spreadsheets instead of fleet management software to monitor your expenditure.
  4. Dot every I and cross every T: When it comes to compliance, the fleet management function is rife with legislation to adhere to. From duty of care to vehicle inspections, without an appropriate fleet program in place to provide alerts relating to pending compliance hazards and produce in depth reports at the click of a mouse, fleet operators risk the consequences of non compliance.
  5. Keep tabs on your carbon footprint: Being green isn’t just about saving the planet; it’s about cutting cost and increasing your appeal to customer and partner organizations too. Monitoring CO2 emissions and fuel consumption needn’t be a laborious task if a fleet management system is in place to do the leg work.
 Kline Van and Specialty Rentals is here to help! We have access to so many vehicles and operations that we will get you exactly what you need! Start off on the Kline foot today! 

KLINE - NO MATTER WHERE YOU GO OR WHAT YOU DO, WE CAN HELP GET YOU THERE!

 

Monday, July 21, 2014

Leasing VS. Employee Reimbrusement

  It may make sense to let your employees choose and purchase the vehicles they want, and provide them with an allowance or reimburse them for mileage. Although reimbursement can save you the headaches of sourcing, managing and maintaining fleet vehicles, you cannot control the types of vehicles your employees drive.
  Although it may seem cost-effective to reimburse your employees for their personal vehicle use on company time, a commercial lease for your company vehicles can be very cost effective.  Generally you would pay your employees between $500 and $1000 per month depending on your employee’s position. Or, you can reimburse based on mileage usage, directly paying your employees for the actual use of their vehicles for business.  



  When leasing, you are able to provide your employees with late-model, safe and well-maintained vehicles. You are able to reduce the liability that an employee may be involved in an accident while on company business, if you are able to ensure that they are driving a safe vehicle and covered with the proper insurance.
  Reimbursement requires your employees to spend time and energy saving receipts and filling out reports, as well as maintaining their personal vehicles. When leasing for your employees, you are able to take those burdens off of them. When leasing, you are able to leave maintenance and other administrative headaches to your fleet management partner if you choose the right company.

  If you are interested in saving your company time and money visit Kline today or give us a call at (816)554-3344

KLINE - NO MATTER WHERE YOU GO OR WHAT YOU DO, WE CAN HELP GET YOU THERE!


Monday, June 2, 2014

Brent Kline, Owner and President of Kline Van and Specialty Rentals, goes over some of the most important information in this very informative video. From securing you fleet for the better of the business, to making sure you customers are taking care of! Never let a business suffer due to an easy mistake that is so easily avoidable! Check it out video and learn some very valuable information!

Tuesday, May 6, 2014

Services Offered by Kline Van & Specialty Rentals

No matter the size, industry or the organizations fleet leasing needs our number one priority is to always deliver customized fleet programs to each and every one of clients. Kline Van & Specialty Rental is your trusted source and the nation’s fastest growing provider of 8, 12, & 15 passenger vans and other specialty vehicles, including SUVs, minivans, pickup trucks, and cargo vans. We feature NEW, or factory certified near-new vehicles.  We also have direct access to manufacturers and closed auctions – no request is too difficult to accommodate. Kline can usually locate and obtain any type of vehicle – whether you need specific models & equipment, or have a budget to meet with the best vehicle in class; for fleets of vehicles, we are simply the best at procurement and leasing of this type of equipment.  We are geared to handle all of your rental and leasing needs whatever they may be.
Our service provides vehicles on site when needed. Kline uses it’s dealer and auction network to facilitate some transportation and service functions, but Kline Van & Specialty Rental maintains it’s own transportation department and has access to over 2,300 carriers if needed. We are experts in moving your vehicles.passenger van fleet management
 We have developed many special programs customized specifically for our clients and have included some examples below. In addition, by clicking each link below you may view some samples of the types of equipment Kline offers. This is not a complete list, but a representation of the types of equipment we have access to. For more information on how to order or procure vehicles – please contact us. We have easy terms and qualifying and work with most Purchase Order Billing systems.

Saturday, April 26, 2014

Selecting the right leasing option for you!

Have you selected to best lease option for your organization? Does your lease option offer you equity in your fleet or provide any tax benefits? Doug explains the different type of lease options offered by Kline and explains the differences about how each will affect your organization. Kline Van & Specialty Rentals delivers fleet solutions in the contiguous United States with access to new vehicles from most makes and models foreign and domestic! With available tow packages (on request), nationwide free towing and free damage allowance, Kline can custom quote a price package for you! Kline is a long time business member of the ACA and meets all accreditation requirement for them. A friendly and knowledgeable staff is ready to assist you and offers on-time assurance! Have a piece of mind by working with an experienced and reputable company! Visit Kline today!

Tuesday, April 22, 2014

Trading In Your Old Fleet! Options and Services!

Kline Van and Specialty Rentals is a full service provider. They can help with rental & leasing of course, but can also help with fleet disposal, fleet planning, purchase acquisitions, and transportation. If you want new or replacement fleet – fill out the no obligation quote and tell them about your fleet to trade in the notes section and if you only want to sell, use the contact us page. Send a message about what you have and what you want to do. Be sure to include some details on your fleet – year, make, model, avg miles, etc. Kline will contact you to get more details as needed and will be able to make a couple of different offers for you based on that information. Other companies may offer similar sounding services – but they may not have any funds or interest in buying your fleet directly – and will only broker it. Kline will also use brokerage as one option, but they are not just a broker, they own dealerships, lease companies, and other outlets – Kline many times will OUTRIGHT PURCHASE fleet from companies wanting to sell. Kline would be happy to locate, procure, and sell fleet to you at a discount! They can help you find new, near new, used, or really any type of fleet your need or budget calls for. They can do almost any make and model – and Kline can ship units anywhere in the 48 mainland states! Check out this very informative video right here!

Friday, March 21, 2014

Fill-In Fleet Programs

We offer flexible fill in programs for municipalities or other organizations that may have an out of order unit for one reason or another. For example, one of our clients, while no one was hurt in this accident thankfully. His police cruiser (pictured left)
was wrecked on call, the following day a new unit was ordered and upfitted under a lease that was timed to be a purchase option in the next fiscal year when funds would become available. With Klines expertise, we guarantee on-time assurance, so you will never have to worry about being short a vehicle! We deliver anywhere in the US from California to Maine!! Call us today or get a custom priced quote right now!

KLINE - NO MATTER WHERE YOU GO OR WHAT YOU DO, WE CAN HELP GET YOU THERE!

Thursday, March 20, 2014

Corporate Fleet Programs

Kline Van is a multifaceted company with several branches and divisions within the automotive industry. Kline Van & Specialty Rental is the Corporate Rental & Leasing Division of that company. As a company, you may need light work trucks, vans, sprinters or a variety of vehicles. With Klines ability to obtain almost every make and model, we have the opportunity to give you exactly what you need! We are able to make custom price packages for your needs, so you don't pay for excessive things you will not use. If you have a logo or trademark you need installed onto the vehicle, Kline has that covered as well! We guarantee on-time assurance, so your new fleet will never be late. Choose Kline today if you want to get the latest technology and most fuel efficient vehicles on the road! Call us or click here for a custom quote made just for you!


KLINE - NO MATTER WHERE YOU GO OR WHAT YOU DO,
WE CAN HELP GET YOU THERE!

Thursday, March 13, 2014

Definition of Closed-End Leases and Open-End Leases

So the terms used in the leasing industry can be a little confusing. The word "lease" itself, is different. Today I will explain the difference between "Closed-End Leasing" and "Open-End Leasing."

Closed-end Leases – AKA (walk away, long term rental, operating lease, short term lease) This will be most of our summer camps, tour and adventure operators and colleges – and other business that have need for 1-time need, or short term seasonal or cyclical needs
Closed-end leases are the most common for consumer leases today. This type of lease allows you to simply return your vehicle at the end of the lease and have no other responsibilities other than possible payment of excessive damage or mileage charges.
At the time you lease, the leasing company estimates the vehicle's lease-end residual value based on the expected number of driven miles. If the vehicle is actually worth less than the residual when you turn it in, the leasing company takes the financial hit, not you.
On the other hand, if the vehicle is worth more than the residual and you have the option to purchase, you may want to buy the vehicle and keep driving it — or sell it and make a profit. This happens frequently.

Open-end Leases – AKA (capital lease, finance lease, commercial lease, lease with required balloon, Lease with conversion – required buyout) This will be the rent of the market, long term fleets, cycling and rotation to cover ongoing use, high miles, and special equipment.

In open-end leases, you are responsible for paying any difference between the estimated lease-end value (residual value) and the actual market value at the end of the lease. This could amount to a significant sum of money if the market value of your vehicle has dropped or you drive many more miles than expected. 

Often, the residual for an open-end lease is set much lower than for a non-business closed-end lease, which reduces the lease-end risk, but can significantly increase the monthly payment amount.

Kline Van & Specialty Rentals can make a custom price package matched to your exact needs. This way the you, the customer, are not paying for more than what you require! Click here to get a custom quote today! 

You can contact us M-F at (816)554-3344 

KLINE - NO MATTER WHERE YOU GO OR WHAT YOU DO, WE CAN HELP GET YOU THERE!