Common Misconceptions Busted
If you’ve ever considered leasing a dual control vehicle, but then hesitated due to some nagging myths you’ve heard, you’re not alone. We’re here to bust those myths wide open and show you why leasing might just be the best road for your driving school.
Myth #1: Leasing is More Expensive Than Buying
The Truth: A friend of mine, Sarah, who runs a small driving school, used to think leasing would drain her wallet faster than buying. She figured, “Why pay monthly when I could just buy something once and be done with?”
What She Found Out: After crunching the numbers, she realised buying outright would have meant a big upfront cost that she couldn’t afford at the time. Leasing not only offered her manageable monthly payments but also covered most maintenance costs, freeing her to focus on teaching, rather than worrying about large repair bills.
Advantages: Leasing can actually be a more financially sound choice for instructors, especially when you consider tax deductions, lower initial expenses, and avoiding those pesky depreciation losses.
Myth #2: Leased Cars Have Limited Customisation Options
The Truth: Here’s where creativity kicks in. You might think, “Leased cars? No way I can personalise them!” Yet, this isn’t entirely true.
Real-World Example: Think about Anna, an instructor who wanted her car to reflect her brand. She was worried leasing wouldn’t allow for any personalisation. To her surprise, many leasing contracts now allow for custom branding, whether it’s magnet signs or interior setups that suit her teaching style. Anna’s car became a rolling advertisement for her school, fully compliant with the lease terms.
Advantages: From custom graphics to specific dual control setups, there’s usually a customisation route open, just waiting for your creative touch!
Myth #3: You Don’t Own the Car, Hence it’s Not Worth It
The Truth: Ownership can sometimes feel important, but let’s be honest—do you really want to own an asset that starts depreciating the moment it’s driven off the lot?
Storytime: Imagine John, who used to own all his vehicles. He’d say, “Nothing like your own car, right?” Yet, after years of dealing with the headache of selling older models to update his fleet, he realised the benefits of leasing. Today, with each new lease, John enjoys the latest models and technologies, without the hassle of selling old cars.
Advantages: Leasing provides the freedom to upgrade to newer models every few years without worrying over trade-ins or depreciation. Plus, the peace of mind from not having to deal with old car sales is priceless!
Myth #4: Leasing Contracts are Inflexible and Restrictive
The Truth: Contracts have gained some nasty reputations, but modern leasing agreements are much more user-friendly than you’d expect.
Reality Check: Take Lisa, who feared she’d get trapped in a rigid contract. But she learned that many leasing firms offer flexible terms, like adjusting mileage limits or providing options for early termination without hefty fees.
Advantages: Most leasing companies understand the unpredictable nature of your job and offer adaptable contracts to meet various needs, whether it’s mileage flexibility or ending a lease early due to a business pivot.
Myth #5: Leased Cars are Not Reliable
The Truth: Remember hearing folks complain about hand-me-down cars? That’s the image some might have when they think leased cars, yet it couldn’t be further from the truth!
True Story: Mike, an instructor and stickler for reliability, was initially sceptical. However, he came to appreciate the rigorous inspections leased vehicles undergo, often with maintenance checks included in the deal.
Advantages: Leased vehicles, with warranties and maintenance packages, often outperform expectations. They are kept in peak condition, ensuring that every lesson is as safe and professional as can be.
Myth #6: Leasing Involves Hidden Costs
The Truth: Hidden fees are every business owner’s nightmare. But you’d be surprised how straightforward things can be as long as you read the small print.
Example: When Sam first leased a car, he had concerns about surprise charges. He learned that by discussing terms openly with his leasing agent, any potential fees were clearly explained, whether for excess mileage or wear and tear.
Advantages: Transparent communication and understanding your contract’s conditions help avoid any unexpected surprises. Good leasing companies aim for clarity, not confusion.
Myth #7: If Your Vehicle Breaks Down, You’re Stuck
The Truth: Vehicle breakdowns are an inevitable worry for anyone who relies on their car for daily work. However, with a leasing maintenance package from Dualdrive, this doesn’t have to put the brakes on your business.
Example: Consider Emma, a driving instructor who was anxious about potential breakdowns because she couldn’t afford the downtime. With her Dualdrive lease, when her vehicle needed unexpected repairs, she swiftly received a replacement car, ensuring she could continue teaching without a hitch.
Advantages: Leasing from Dualdrive ensures that driving instructors avoid disruption. If your vehicle is out of commission, a replacement is promptly provided at no additional cost, sparing you the extra expense and hassle of sourcing an alternative vehicle. The maintenance package supports you, enabling you to focus on your job while we handle the rest.
So there you have it… leasing doesn’t make you a transient owner but rather a savvy businessperson. These myths, once busted, reveal leasing as a viable path. So, why not explore it yourself and see how it can benefit your driving school? Have questions or interested in learning more? Feel free to reach out to us at Dualdrive. We’d love to help you find the perfect ride!