Vehicle leasing presents a solution for several challenges associated with an organization's mobility needs, such as vehicle funding, fleet maintenance, and residual risk. Businesses need to focus on their core products and services and, therefore, outsource support activities related to mobility, ranging from fleet purchasing to remarketing. Unless an expert team is on the job, each segment in the value chain can present problems, such as cost spikes, utilization mismatches, irregularities in fleet maintenance, and dips in residual value. Leasing enables hassle-free on-demand mobility and provides access to fleet after-service facilities, along with a host of other benefits. The increasing demand for these services and facilities has driven the growth and regulation of the leasing ecosystem.
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