Miller Car Rental Fleet Management/Operational Rental Solutions:
· Consultation For Choosing Vehicle
· Maintenance and Repair Follow up
· 24 Hours Road Assistance
· Insurance-Taxes Follow Up
· Accident Follow Up
· Replacing Vehicle Allotment
Advantages of Operational Rental Compared with Ownership
Capital Investment
When you rent a car from Miller you will not need to invest for vehicles.
Investment Risk
You will not have any risk of investment. You will have only responsibility of rental agreement:
Fixed Costs
If you rent a vehicle from Miller you see what your vehicle cost will be and you will not have any additional cost risk
Productivity of Labor Force
Miller undertakes all responsibilities all kinds of maintenance and repair, tax and operation related to your vehicle fleet. Thus, you can direct your staff to more important matters concerning your business and increase their productivity.
Tax- Fee Label follow up
Miller follows up all tax, fee label, and vehicle insurance-obligatory insurance and technical inspection procedures of all vehicles for your company.
Maintenance and Repair Follow Up
Miller provides all maintenance and repair services including lubrication oil changes up to troubles of engine. Another vehicle is given when your vehicle is taken for service.
Second Hand Selling Responsibility
If you rent a vehicle from Miller, you will not have any more risk as second hand selling of these vehicles.
Tax Advantage
In the event that a car is bought by a company and entered it in its assets VAT paid when buying this car is not possible to be subject to deduct from company tax. Consequently VAT paid for buying a car becomes a cost.
VAT added to costs can only be amortized only by depreciations and this will last 5 years either within the frame of either normal or in diminishing remainders method.
Other advantages of Operational Rental
Vehicle allotment
Either during mechanical breakdowns and maintenance periods or in cases of accidents your vehicle will be replaced while your vehicle stays in service.
Second Hand Selling Responsibility
If you rent a vehicle, responsibility of second hand selling of these vehicles will be on Miller.
Road Assistance Service
Miller provides a 24 hours uninterrupted assistance service for its vehicle users. This service given in Turkey includes vehicle substitution, ambulance, tow truck, wrecker and medical first aid for all in the vehicle to be available until their transport to hospital.
Users of vehicle having an accident in Istanbul and all other cities in Turkey can call Miller Emergency Aid Phone notifies license plate of vehicle, where is the vehicle and whether an ambulance is needed.
If user of vehicle is able to drive either a replacing car will be given or will be left to the address requested.
COMPARING OPERATIONAL RENTAL/FINANCIAL RENTAL/BUYING:
IF YOU BUY
1. You are obliged to meet Maintenance-Repair costs, to check invoices related to it, follow up repair parts and tire replacement etc works for each vehicle separately and chronologically. If quantity of vehicles is over a certain number you may require forming a service for Maintenance-Repair.
2. You will be in a position to follow up vehicle insurance-obligatory insurance of vehicles, not to omit legal increases on insurance values of them, to collect necessary documents and reports related to possible damages and notify insurance company on time, follow up arrival of expert, to follow up various stages of file from insurance company and to ensure repair of vehicle in a competent service, against a good price and as soon as possible. Additionally you will also need to check invoices related to these procedures, to make payments whereof, to have efforts also, to collect indemnification of damages from insurance company in a rapid manner.
3. Even if you complete all these works, you will need another vehicle during repair period. In this case you will make short-term rental or you will have to suffer some taxi or other transport vehicles cost not to have a disruption of your business. Also you will have to be object to many judicial actions for losses and damages to third parties.
LEASING (FINANCIAL LEASING)
1. As vehicle purchase tax is paid twice financial costs increase by 5% - 12% depending upon the type of vehicle.
2. There is an imperativeness to register vehicle in the company assets with a symbolic value at the end of depreciation period. If you wish to sell this vehicle all the price will have to be reflected to balance sheet as company profit and consequently will be subject to income (or corporate) tax.
3. It is not possible to repeal by the end of agreement. Additionally, your firm is obliged to be engaged to all processes as in operational rental.
WHEN YOU RENT (OPERATIONAL RENTAL)
1. You will not have to pay any maintenance, spare parts, tires and tubes other than rental charge. Procedures on these matters will be carried out by MİLLER so you will get rid of checking invoices and will have much time to be interested with your own business.
2. Vehicle insurance-obligatory insurance procedures will be followed regularly by concerning department of Miller. In the event of any accident, you will not have any problem such as follow up files, experts with insurance companies and getting cars repaired. You will dial MİLLER and you will carry on your business with your new vehicle as soon as possible. In Addition, you will feel yourself secured against other vehicles and people having injury or damage during accident, because of 50,000 $ coverage of financial responsibility insurance by MİLLER.
3. You will have the possibility to invest your capital in your business instead of vehicle you use when you do your business.
4. You will be able to register all the invoices of car rental as an expenditure and benefit from tax advantages.
5. It will be much easier to have bigger or smaller vehicle fleet according to your needs.
6. Instead of using the same vehicle for 3-4 years by buying it, you will have possibility to change every year with new models, if desired, every year. |