Definition of Effective Use of Financial Leasing for an Automobile Enterprises

DOI

10.2991/iscfec-18.2019.301How to use a DOI?

Keywords

financial leasing; transport means; motor company; operating intensity

Abstract

The rolling stock of road transport enterprises in the Russian Federation is old, with about 80% of vehicles there is a need for replacement. Financial leasing can provide and provide such a replacement. At present, there is no valid methodology in the Russian Federation for evaluating the effectiveness of leasing for a lessee, taking into account the specifics of the activity of the enterprise itself and the type of leased asset. The article considers existing methods for assessing the efficiency of leasing, its comparison with alternative financial mechanisms of renewal of rolling stock, methods are classified, their advantages and disadvantages are highlighted. An author's technique is developed, taking into account the revealed defects of the techniques and intended for the object of leasing - an automobile vehicle. According to the developed methodology a program is developed that allows taking into account the influence of different parameters of the enterprise having a motor transport. In particular, the main parameters influencing the efficiency of the financing scheme are the intensity of operation of the rolling stock, due to the technical and economic indicators of operating hours and the fleet utilization rate. The authors carried out calculations of the whole complex of possible performance indicators of the rolling stock in the range of possible variants of operational, tax and organizational conditions, and conclusions and justification of the zone of effective use of motor vehicle leasing were made. The article presents the complex of working conditions of motor transport enterprises and the operation of motor vehicles, in which financial leasing is more preferable than other financing methods: purchase for own funds, for credit.)

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - P. Volodkin
AU  - A. Ryzhova
AU  - S. Arkhipov
PY  - 2019/01
DA  - 2019/01
TI  - Definition of Effective Use of Financial Leasing for an Automobile Enterprises
BT  - Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2018)
PB  - Atlantis Press
SP  - 1327
EP  - 1329
SN  - 2352-5428
UR  - https://doi.org/10.2991/iscfec-18.2019.301
DO  - 10.2991/iscfec-18.2019.301
ID  - Volodkin2019/01
ER  -