Yizun Car Rental tells you what are the specific benefits of long term car rental for enterprises

Mondo Cars Updated on 2024-01-31

What are the benefits of a business long car rental?With the continuous development of the times, buying a car is no longer the only channel for travel, and many companies choose to rent a car.

When it comes to car rental, many people think it's more cost-effective to buy outright. In the following article, Yizun Car Rental comes to talk to you about the benefits of long-term car rental for enterprises.

Benefit 1: Ensure the good financial status of the enterprise.

If the enterprise chooses to buy its own vehicle, it will lead to an increase in the fixed assets of the enterprise, a decrease in the current assets, and the company's finances will be relatively stable, but the company will not be able to have more liquid assets to appreciate.

If a business chooses to rent a car for a long time, it only needs to pay a small amount of money each year, which can reduce the occurrence of various problems, and can also use the saved money for investment appreciation.

Benefit 2: Reduce corporate income tax payment.

The vehicles purchased by the company will become the fixed assets of the enterprise, and the expenses incurred in renting a car will be calculated on a cost-based basis, not a fixed asset.

When calculating the profit of the enterprise, the cost of the enterprise will increase because of the car rental, and the profit will be relatively reduced. The general corporate income tax payment ratio is 25% of the profit, so that the enterprise can reduce the income tax payment.

Benefit 3: Avoid the risk of car depreciation.

If you rent a car, you can use a new car at any time. In addition, after renting a car, the work of vehicle maintenance and annual inspection is done by the self-driving car rental company, and the car company will save time and effort.

What are the benefits of a business long car rental?To sum up, ensure the good financial status of the enterprise, reduce the payment of corporate income tax, and avoid the risk of automobile depreciation.

The above is the benefits of corporate car rental sorted out by Yizun Car Rental for everyone, and friends who have car needs can learn about it in advance, hoping to help you understand the long-term car rental of enterprises.

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