Currently in Peru, despite its low penetration due to lack of knowledge of the market, the Renting sector is presenting advances by the large companies. Business thanks to the operational efficiency it offers. This was pointed out by the Automotive Association of Peru (AAP) in an interview for Diario Gestión.
And it is that today what companies are looking for is to be able to focus on their core business and not on fleet management. That is why leasing is one of its main alternatives; but when talking about renting or renting a vehicle, we find 2 types of service: financial leasing and operational leasing. In this context, Jaime Pinillos, General Manager of Arval Relsa, a leading company in operational leasing and 360 mobility, explains how each one differs:
- Operationality. – One of the main differences, and perhaps the most important, is that the operating lease does not contemplate the use of financial lines, that is, the payment of a monthly rental fee (rental) is agreed, which includes the right of use and the additional contracted services; while financial leasing contemplates a fee related to the payment of a debt.
- Repair and Maintenance. – This is one of the highest priorities of companies, especially if you are going to rent a vehicle. By choosing financial leasing, the lessee is the one who assumes the repair and maintenance costs and their risks; while when opting for operational leasing, said responsibility is assumed by the specialized supplier, transferring the benefits of economies of scale to the lessor.
LOOK: Renting or Financial Leasing?: expert explains the advantages of both for your business
- Insurance purchase. – When having a vehicle, it is important to think about insurance. Which, when opting for operating leasing, is negotiated under corporate policies, carrying out an exhaustive risk analysis; while in financial leasing the taking of the insurance is individual.
- Alienation of the property. – At the end of the useful life of the vehicle, after 4 or 5 years, the companies that opted for financial leasing usually auction the vehicles as they are not specialists in the sale of used vehicles assuming the market risk, while the users of the operational leasing they can decide to renew the vehicles without additional costs.
“At Arval Relsa we help our clients in planning their fleet according to their needs and identifying opportunities to optimize their mobility solutions, we also offer them a wide range of complementary services of operational leasing such as: maintenance, route assistance, telemetry , fuel control, document management and insurance, among others”, Pinillos points out.
INNOVATION & DIGITALIZATION
The General Manager of Arval Relsa also specified that his clients can control and measure the results of the fleets through digital tools, which favors them in making decisions for their business.
Likewise, he emphasized that they are a company that is characterized by being constantly updated and carrying out studies, proof of this is its Arval Mobility Observatory (AMO) barometer, an expert innovation tool that allows them to obtain data, as well as the forecast of trends in the fleet and mobility sector. The details and results of the sample carried out in Peru are about to be revealed.
