Why fleet car subscription is good for fleet management
Increase fleet utilisation rate
Fleet car subscription services offer an alternative that fits your business as it is now, with the ability to make changes later to ensure it stays relevant to how and where you operate. With no minimum term – only a two-week notice period for changes and cancellations – it’s the flexible way to keep your business moving.
Fleet car subscription vehicles are off balance sheet
AASB 16 requires that businesses now record the costs of use of the leased asset and the associated benefits on its balance sheet. Car subscriptions are not affected by the changes contained in AASB 16, meaning that any business looking to keep its fleet management simple and its reportable debt low might want to consider making the switch*.
Enjoy complete peace of mind
When subscribing with Carbar, your fleet will always be covered. Registration, insurance, routine maintenance and all servicing is managed under the subscription and you’ll also benefit from 24/7 roadside assistance. To learn more, register your business today.
* The advice given is general advice and does not take into account your own objectives, financial situation or needs. You should consider if the advice is appropriate for you before acting and read all applicable terms and conditions of any selected product or service prior to proceeding.
"Cars are instrumental to our business. We can’t travel between premises without them. This creates an issue, as to scale, we either need to take on more debt through leasing or spend capital on purchasing cars. carbar, and the flexibility of car subscriptions, has basically solved this problem for us, allowing us to scale our car use directly in line with our growth. It’s also allowed us to move our entire fleet off our balance sheet."
Ash, CEO and founder, Propper