24 Nov Why You Should Consider Commercial Truck Leasing
Corporate Fleet Services offers flexible options, such as commercial truck leasing and purchasing. But choosing which option to take, isn’t always so easy.
When it comes to choosing whether to lease or own, it’s important to look at your company’s overall objectives and goals. Just as it is with anything, both leasing and purchasing has its pros and cons, and our team will sit down with you to discuss what works best for your situation.
Purchasing, for example, gives you the simple advantage of ownership. Some companies prefer to own as many assets as possible, and there’s nothing wrong with that. But there is a growing trend and awareness of the benefits of management in business as a cost-effective way to stay ahead of the curb. This thinking also has its place in the fleet market.
With purchasing, you have the advantages of doing whatever you want with the car, and then selling it. But with leasing, there’s other advantages that might be more appealing.
1. Commercial Truck Leasing Leaves Your Company with More Available Capital
2. Leasing gives you the opportunity to only pay a portion for your truck fleet, which will leave your company more capital each month to allocate to other assets and areas.
3. Having capital freed up to reinvest is a major factor for most companies. A monthly payment for leasing a commercial truck fleet is always lower than purchasing one, and it also affords you tax benefits. With a lease, you can deduct that expense from your taxes each year.
Commercial Truck Leasing Offers Management and Maintenance Benefits
When people lease from Corporate Fleet Services, we offer a full package of benefits to go with that lease. These benefits include a top-notch maintenance and management program.
Our maintenance and management programs include refunds for service charges covered under your manufacturer warranty; year-round, 24/7 fleet support by certified experts and technicians; one monthly invoice for all maintenance services, which benefits your company’s financial management statements; a maintenance schedule; services approved by our experts before you waste money on maintenance your fleet doesn’t need; and much more.
We offer various maintenance plans, custom truck fleet management plans, and the convenience of knowledgeable truck fleet managers.
Commercial Truck Leasing Offers More Flexibility for Vehicle Replacement
When you buy a truck fleet, you get what you get — your money is now tied up in that initial investment. But when you lease a fleet, you open yourself to the advantage of being able to trade in your fleet for newer models.
Having constant access to newer truck fleet models can provide a big boost to your company’s image.
These are just some factors to take into consideration as you choose whether to lease or buy. To discuss these options further, feel free to contact us today.