Hi Everyone, this is my first time posting on Reddit, so I apologize in advance if this is the wrong forum.
I had a few questions regarding fleet management companies when obtaining a fleet for a potential car subscription service:
- What are the benefits and pitfalls of financing a fleet of vehicles with a fleet management company?
- What APRs do these companies generally charge?
- Do these fleet management companies obtain their own financing from banks, or do they directly lend out the cash?
- How do fleet management companies make money?
I'm also unsure of how to go about marketing for this service with a low budget. I figure word of mouth and social media influencers could be a good start, but I want to know if you guys could point me to better strategies when starting out.
There are many other questions I have, but I am concerned about revealing too much on a public forum.