An alternative perspective to ground-transportation, domestically and internationally
One Global supplier partner Enterprise Rent-A-Car recently commissioned research which has revealed car rental could be a more cost-effective option than employees using their own vehicles for travel.
The way we work has transformed in recent years, with many companies now embracing a hybrid model, with fewer days in the office with time spent working from home.
Enterprise has revealed three ways in which renting a car for business use may be the smarter choice:
Safety and Company Image
Employees use their personal vehicles for 51% of business trips, while rental vehicles account for 44% according to the research. Yet the personal vehicles that workers are using for these trips are getting older. With age comes wear and tear – and greater risk, as older vehicles run on outdated technology and are more likely to experience maintenance issues.
Older personal cars may also present reputational risk to your employees and business as showing up to an important meeting in an old or damaged vehicle can create a negative impression.
“We want to help customers have the best possible mobility experience when travelling, locally, regionally and internationally,” says Olly Moore, Director of Travel Agency Sales, EMEA.
“Using newer and cleaner vehicles from our fleet, provides access to innovative technology, such as lane assist, blind spot warnings, automatic locking, ABS and collision breaking sensors – allowing for a better user experience and the highest standard of safety.
“Business travel is far more than taking a flight or catching a train. It’s about providing safe and more sustainable transport options to help both the business and the individual traveller reach their destination, that suits their needs.”
Cost Avoidance
Analysis conducted with current Enterprise clients reveals that for business trips exceeding 100 miles, renting a car is generally less expensive than driving a personal vehicle.
Car rentals also eliminate the hassle of mileage reimbursement. And because mileage reimbursement can vary compared to pre-negotiated corporate rental rates, many companies can net savings on the miles the business is paying for. Renting also provides greater predictability when tracking travel costs through pre-negotiated rates and insurance coverage, benefiting both the business and employees.
Olly added: “TMCs have an opportunity to expand their knowledge and service offering beyond transient travellers at airports or railway networks.
“Consulting with clients on alternative options to the use of privately owned vehicles, as well as analysing utilisation data, will enable TMCs to provide new re-imagined travel options. This can help to reduce costs and increase user satisfaction as well as vehicle maintenance and safety.”
Convenience and Employee Satisfaction
Integrating vehicle rental into your travel policy can help promote safety, cost-efficiency, and convenience for your employees, while reinforcing your company’s reputation for taking care of its people and its resources.
Enterprise Rent-A-Car and National Car Rental has an extensive network of locations in more than 90 countries and territories including at airports, train stations, and in neighbourhoods, making renting convenient no matter where your employees’ work takes them.
In fact, there is an Enterprise location within 15 miles of 90% of the U.S. population and within 20km of 94% of the U.K. population.
A Smarter Way Forward
Want to learn more about the positive impact car rental can have on your business and how Enterprise can help you better meet your objectives?
Contact a Business Rental expert here:
