Location flexible et rentable de véhicules d'entreprise

The key difference between a fleet rental and a fleet vehicle lease lies in how long you need the vehicle. As a general rule, if you need a vehicle for less than 12 months, renting is often the better option. Fleet rentals offer the flexibility of a month-to-month arrangement with no long-term commitment—allowing you to return the vehicle as soon as it’s no longer needed.

For longer-term needs, typically over 12 months, a fleet vehicle lease might be a smarter choice. With our leasing options, you can customize the lease term and depreciation to suit your business goals, ensuring a tailored residual value at the end of the lease. Our open-ended lease structures give you several options when the lease ends: you can buy out the vehicle, sell it to a driver or employee, or return it to us, where our experts will maximize its value through disposal.

Not sure whether to rent or lease? Our fleet experts are here to help you evaluate the best option for your needs. Whether you choose a rental or a lease, we’ve got you covered!

Yes, in Canada, leasing vehicles for business purposes is generally tax-deductible, but there are specific rules and limits to keep in mind.

Lease Payments: You can deduct the cost of lease payments for vehicles used for business purposes on your income tax return. However, the amount you can deduct is subject to a limit set by the Canada Revenue Agency (CRA), which adjusts periodically. Be sure to check the current rate to ensure you're within the allowable deduction.

Prorating for Personal Use: If the vehicle is used for both business and personal purposes, you must prorate the deductible lease payments based on the percentage of business use.

Operating Costs: In addition to lease payments, you can also deduct other vehicle-related expenses, such as fuel, maintenance, insurance, and repairs, but only to the extent that these costs are related to business use.

Capital Cost Allowance (CCA): If you purchase a vehicle instead of leasing it, you would deduct its cost over time through Capital Cost Allowance (CCA) rather than claiming lease payments as a business expense. This allows you to spread out the deduction based on the depreciation of the vehicle.

The vehicle acquisition process at Foss begins with a thorough analysis conducted by your dedicated account team. They evaluate key factors like months in service, mileage, repair history, and market trends to identify vehicles that need replacement. Once identified, a list of recommended units is sent to you for approval.

After your approval, drivers are notified about their eligibility to place a new vehicle order. From there, our procurement specialists step in to handle the process, placing factory orders directly with OEMs and working with dealers to secure available stock vehicles. They audit each order for accuracy, monitor status updates, and ensure a smooth delivery process by coordinating with dealerships.

If your vehicles require additional upfitting, our specialists manage the entire process—from gathering quotes and comparing pricing to overseeing the modifications. This ensures that your fleet is tailored to your business needs efficiently and accurately.

At Foss, we provide personalized service, not a call-center experience. Each client gets a dedicated account management team, including an Account Executive, Strategic Account Manager, and Client Service Representative. We tailor our service to fit your needs and goals, ensuring flexible and open communication. Whether it's cost savings or fleet optimization, we collaborate to meet your fleet requirements.

Leasing offers several advantages, including lower upfront costs, the flexibility to replace vehicles at optimal times, and the ability to avoid high maintenance expenses. This helps keep your fleet up-to-date and enhances your company’s image. Additionally, lease payments may be tax-deductible, with current Canadian tax laws allowing deductions of up to $1,050 per month.

On the downside, you won’t own the vehicle at the end of the lease. However, with an open-end lease, you're responsible for the vehicle’s book value, giving you the flexibility to extend the lease, buy the vehicle, or sell it. Any gain from the sale goes back to you, and your account manager ensures the vehicle is depreciated correctly to maximize this gain.

Open-end leases also come with the benefit of no mileage restrictions, and if your business needs change, you can sell the vehicle at any point during the term by simply paying off the remaining book value.

In summary, the decision to lease or buy depends on your cash flow, vehicle usage, and the image you want to project for your business.

Leasing a private vehicle and leasing a business vehicle differ in several important ways.

Business vehicles are primarily leased for work-related activities, such as client meetings, service calls, deliveries, and transportation. While they can be used for personal purposes, the main focus is business, and drivers are required to track their business vs. personal use. This turns the vehicle into a taxable benefit for the driver, something that’s not required with personal leases.

When a vehicle is leased for business, the company can often deduct expenses such as lease payments, fuel, insurance, and maintenance costs. These deductions depend on how much the vehicle is used for business purposes, whereas personal leases offer much more limited deductions.

For businesses leasing multiple vehicles, fleet leasing offers additional benefits such as fleet rebates and personalized incentives, which help lower overall vehicle costs. Fleet leasing also comes with more flexibility, like open-end leases that don't have strict mileage limits, unlike personal leases that usually have set kilometer restrictions.

In terms of insurance, businesses are required to carry commercial insurance, which typically provides higher liability coverage and protects all employees using the vehicle for business purposes. In contrast, personal vehicle leases require individual insurance coverage, which usually offers lower liability protection.