This particular question involves several factors for considering. For example:
- The length of need;
- The state of your previous existing equipment;
- The cash flow as well as credit worthiness;
- Your ability for equipment maintenance;
Advantages of Truck Leasing
There are financial executives as well as fleet managers which are allowing you to choose your trailer leasing.
However, the owners are normally hesitating about the trailer leasing and the entire process, and after the lease process.
The question is: When a trucking company should consider leasing a trailer and why?
Having said this, there are many advantages of the trailer leasing and they are the following:
- Developing Fleet Balance (mixing the rented, the leased and owned trailers for a financial flexibility);
- Minimizing Risks (overcoming low economic conditions);
- Reducing Maintenance and Costs (covering licensing and taxes);
- Releasing Capital for Needed Investments (preserving cash and maximizing liquidity);
- Protecting Fleet from Obsolescence;
- Improving Safety and Fleet Reliability;
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