As the name implies, this bundles together all costs connected with vehicle leasing, including servicing, registration, tyres and maintenance. If you wish, you could add in extras such as roadside assistance, business fuel cards and vehicle insurance. All you need to do is choose your vehicle, decide on term of lease and kilometer usage. You will then be provided with just one monthly invoice.

Benefits include improved cash flow (no deposit), choice of lease term, predictable monthly payments, one monthly invoice (no matter how many vehicles) and in-depth reporting on the performance of your fleet vehicles. You can spend your time running your business rather than getting involved with vehicle management.

The purpose of your fleet may determine whether a car, ute, van or truck is more suitable. For example, different vehicle types may, serve a specific task, be more suitable as executive vehicles or provide an employee incentive.

TFM’s Fleet Advisory Service can help by providing you with a comprehensive range of options when it comes to decision making. Based upon your type of business, they will enable you to identify the most suitable vehicles to suit your needs, thereby maximising efficiency.

Buying a fleet is more expensive so look at how much buying a vehicle will cost for the whole of its working life, taking into account fuel, depreciation, servicing and maintenance. Try and look for providers with the best reputation instead of focusing on the lowest leasing prices. You may even wish to outsource your fleet management, avoiding the need to get involved with logistics, maintenance or servicing.