BELLEVUE, Wash., Dec. 12, 2012 — Steadily increasing costs associated with aging truck equipment have more private fleets looking at full-service leasing as an option to buying new trucks, according to PACCAR Leasing (PacLease) President Neil Vonnahme. And as a result, PacLease has recently added eight new franchise locations in six states and one Canadian province.
PacLease franchises are opening new locations in Heyburn, Idaho; Loves Park, Ill. Jonesburg, Mo.; Pendleton and Portland, Ore.; Lancaster, Pa.; Charleston, S.C.; Dallas, Texas; and Saint Mathieu-Laprairie, Quebec.
“According to the 2012 National Private Truck Council Benchmarking Survey, 54 percent of survey respondents reported leasing the majority of their equipment, which is up dramatically compared to results from last year’s survey,” Vonnahme said. “The same survey also shows that 36 percent reported owning their equipment, down by more than 6 percentage points over last year.”
Vonnahme points out that over the last five years, the survey has shown a growing trend toward leasing. In 2008, the NPTC Benchmark Survey reported a little over 35 percent of respondents leasing a majority of their equipment. It’s been steadily on the rise, he added.
“An increasing number of private fleets are finding their profits being challenged by a flood of higher maintenance costs associated with aging equipment,” he said. “They understand that a new truck offers lower maintenance costs, improved fuel economy and greater operational efficiencies, which results in lower operating costs.
PacLease franchises also find that customers are increasingly looking at full-service leasing as a way to acquire popular Kenworth and Peterbilt trucks with comfortable driver features to attract and keep good drivers, he said.
PacLease announces new franchise locations at the following locations:
PacLease, which has locations in the United States, Canada, Mexico and Europe, provides customized full-service leasing programs and truck rentals for customers in a wide variety of industries. To learn more about PacLease programs, contact a local PacLease location or visit the company web site.
About PacLease and PACCAR PACCAR Leasing Company (PacLease) is one of the fastest-growing commercial truck leasing companies in the transportation industry. PacLease has independent and company-owned full-service leasing locations throughout the United States, Canada, Mexico and Europe. PacLease provides customized full-service lease, rental and contract maintenance programs designed to meet the specific needs of customers. A combination of reliable, custom-built trucks and complete service offerings allows customers to maximize the value of their transportation resources.
PACCAR Leasing is a part of the financial services group of PACCAR Inc, a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR shares are traded on the Nasdaq Stock Market, symbol PCAR. Here is the company web site.