Medium-term Corporate Car Hire

Blog

Medium-term Corporate Car Hire

Medium-term corporate car hire

Looking for a reasonable monthly car rental or a car rental for 1-2 months? Look nowhere else! In South Africa, Kenings is an expert in renting long-term corporate vehicles. As a result, your long-term car rental will cost less each month. Open a corporate account right now by contacting one of our Key Account Managers at booking@kenings.co.za or follow the instructions below.

Enquire now to rent a vehicle on a long-term with Kenings

Credit Application Details

Please note the following special conditions

For sole proprietor and partnership (if married in a community of property), we require a copy of the spouse’s ID document and their full name and signature on both the credit application form and suretyship.

We require the full names of all directors, members, partners and owners are required together with a copy of their IDs.

It’s necessary to accompany the application with proof of physical address, for example, a utility bill or telephone account in the business’s name. This can’t be a PO Box address.

Please advise insurance preference, for example, Kenings Car Van and Truck Hire insurance or your insurance provider. We require a copy of the policy if you choose your provider.

The form must be completed and signed by the designated individual as a proxy. Regarding trade references, please supply all relevant details like the name of the company, account number, branch, telephone number, credit terms, contact person, credit limit, average monthly purchases, etc.

Reasons to hire a car on long-term for business travel

Consider Lower Monthly Settlements

When a business rents a car, the monthly payments end up being much more affordable than the repayments if the business took out a loan to permanently purchase the vehicle.

This concern is important for start-up businesses because they frequently lack the funds and need a loan to help them buy a car.

Prevent Ownership Concerns

Your business can avoid ownership concerns associated with car ownership, such as depreciation and resale value to the leasing company, by renting a car.

This is quite helpful for a business because a vehicle typically loses 40% of its value in the first year of operation and 60% after three years.

If your company decides to hire a car, Kenings will now be responsible for handling the resale, not you.

Advantages of car rentals for medium terms

The most affordable monthly payments are often those for long-term car hire, which is typically fantastic news for your company’s financial plan.

You may pamper yourself without going over budget by renting your ideal car for a brief period of time. Many rental packages come with 24-hour roadside assistance.

There’s no need to go through the effort of selling it when you wish to improve your vehicle (or downsize). Simply swap your current vehicle to something that better suits your needs coming forward.

Credit Application Process

Step 1

Open the credit application form and complete all the required information, including the company registration number, VAT number, and ID numbers for directors.

Step 2

Ensure the credit application form is signed by an authorised signatory of the company, like the director or owner. You can either print a hard copy to be signed or email a saved copy of the PDF to the relevant person for sign-off.

004 - PrinterCreated with Sketch.

Step 3

Print a copy of the Kenings form which must be signed by all directors and witnessed. You need to send us a copy of your company registration form (CK1), VAT certificate, proof of address (e.g. utility bill) and a copy of each director or member’s ID document along with the signed Kenings form.

Step 4

Fax or email a scanned copy of the signed credit application form together with the required supporting documents to booking@kenings.co.za

Credit Application Form

Download

With Kenings Car Van and Truck Hire, you may enjoy freedom, convenience, and cost savings on your long-term rental! Terms and Conditions apply!

Kenings Offer: