Last-mile delivery providers are no strangers to hustle. You’re hiring and training drivers, hitting performance metrics, and preparing for the peak season without losing your mind. Add in the increasing cost of vehicles and the uphill climb of staying profitable? It’s a lot. That’s why the fleet scientists at Kingbee cooked up something different—something that doesn’t just help you procure vehicles, but actually puts money back in your pocket.
Introducing: the Rent-Back program, bringing all the benefits of fleet rentals to last-mile delivery providers (replace aging units, expand into new routes, adapt for seasonal demand), with the added advantages of being able to purchase the vehicles at a steep discount, build equity, and reap the tax benefits of ownership.
Here’s the breakdown:
- Buy a new van at a steep discount (around $11K off MSRP)
- Finance the vehicle with 100% coverage, including wrap and upfit
- Rent it to yourself and collect reimbursement from Amazon (or your route provider)
- Receive 85%* of your monthly payment back from Kingbee
- Cover your loan payment and build equity in the vehicle
- Sell your vans later and capture the resale value beyond the loan payoff
The Nuts and Bolts of Rent-Back
If you’re already renting delivery vehicles year-round, you’re essentially participating in the Rent-Back program already just without any of the financial upside. While Amazon DSPs receive a reimbursement for renting, without the Rent-Back program they won’t be participating in revenue share, there’s no tax benefit, and they’re not building any equity in their vehicles.
Let’s say you’re a DSP that buys a vehicle for $11k off MSRP. You place it on Kingbee’s platform in exchange for a rental contract, and then rent it to yourself. Amazon provides a reimbursement for the rental portion, and then Kingbee returns 85%* of your rental payment. The result: you receive enough to cover your rental payment, your loan payment, and end up with a few hundred dollars left over. This kind of double-dip is how you own a revenue-generating asset and build equity at no extra cost.
After a year, if you want to sell the vehicle, you will capture the resale value beyond the loan payoff. This is a result of the discounted entry price point and the equity gained in the vehicle through a combination of reimbursements and kick-backs.
Why Not Rent Smarter?
Outside of the financial perks of the Rent-Back program, you’ll receive the additional reassurance of vehicle quality. You’re getting brand new vehicles under manufacturer warranty versus getting a hodgepodge of vehicles from various rental providers. And let’s be honest: older rentals often come with baggage—maintenance surprises, mileage limits, and damage assessments that can chew up your budget fast.
When you own the vehicle, there are no mileage restrictions. You can drive it as much or as little as you’d like. And instead of paying for every dent, ding, or scratch over the course of the year (resulting in thousands, if not tens of thousands depending on how many dings), you’re ending the year in the positive.
Own Your Fleet, Maximize Your Earnings
One of the biggest advantages of the Rent-Back Program is its ability to have vehicles available during peak season. Cargo vans can be tough to find, but with Kingbee’s fleet purchasing power and financing partnerships, you are guaranteed to have the vehicles you need, along with full admin support. Kingbee handles all administrative tasks from procurement and management to rental contracts and resale. Plus you’ll receive 100% financing and the option to bundle an equipment upfit package or custom vinyl wrap.
While the Rent-Back program offers major perks to any company that uses fleet vehicles, the program is most beneficial for last-mile delivery providers who rent year-round and are tired of dealing with subpar rental fleets. This includes FedEx ISPs or contracted delivery companies outside of Amazon (although Amazon DSPs get the most benefit due to their unique reimbursement structure.) For large fleets, the Rent Back program allows them to finance growth, bundle in vehicle upfitting, and recoup a large portion of their monthly costs—resulting in positive equity and tax advantages, even when renting to themselves.
Your Vans, Your Business
The Rent-Back Program is a powerful way for last-mile delivery fleet owners to reduce costs, generate revenue, and build long-term equity. You’ll receive immediate access to vehicles such as the 2025 ProMaster 2500 high-roof (159” WB), which we are able to offer at a discount because of our volume purchasing negotiations with OEMs. Whether you need vans for your own business or want to create passive income through rentals, this program offers the best of both worlds. Call today to learn more!
