Should I consider commercial truck leasing

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Should I consider commercial truck leasing

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 have its pros and cons, and our team at Pfaff Leasing 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 are other advantages that might be more appealing. In this blog by Pfaff Leasing, we talk about a few of the advantages of commercial truck leasing. 

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Commercial truck leasing includes benefits and fleet management

When people lease from us at Pfaff Leasing, they can experience a full package of benefits to go with that lease. These benefits include a top-notch maintenance and management program. We can offer various maintenance plans, custom truck fleet management plans, and the convenience of knowledgeable truck fleet managers.

Commercial truck leasing allows for more flexibility 

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.

Commercial truck leasing can free up more business capital 

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. Having capital freed up to reinvest is a major factor for most companies. The 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.

If you are starting up your business and you are in need of a vehicle or multiple vehicles, then commercial truck leasing could be a great option for you. We encourage you to get in touch with our people at Pfaff Leasing today so that we discuss with you about your needs for a commercial truck fleet, and management of that fleet.

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