Lease or Buy? Five Questions You Should Consider Before Deciding
PacLease’s director of sales says before making the decision about whether to lease or buy a new piece of equipment there are five questions fleet operators should consider.
PACCAR Leasing (PacLease) is one of the fastest-growing commercial truck leasing and rental companies. With locations throughout the United States, Canada, and Mexico, PacLease keeps customers connected and moving with custom truck configurations and a variety of convenient service locations.
PacLease is a part of the financial services group of PACCAR Inc.
Headquarters
PACCAR Leasing
P.O. Box 1518
Bellevue, WA 98009
USA
Company Contact
Michelle Harry, Director of Marketing
+1-425-468-7406
Markets Served
Private Fleets
For-Hire
Regional/Urban/Pickup and Delivery
Utility
Waste
Petroleum/Chemical
Construction
Fuel Hauling
Bulk Transportation
Road Construction
Building Products
Government
Doug Siefkes
SiefkesPetit Communications
+1-425-392-2611 office
Gregory Van Tighem
SiefkesPetit Communications
+1-425-392-2611 office
“PacLease fleet leasing allows you to focus on your core business.” Through its network of company-owned and independent locations, PacLease provides a wide spectrum of transportation services from full-service commercial truck leasing and rental, to contract maintenance, electronic fleet management and over-the-road emergency service. Story angles include: finance and leasing issues/trends, traceability through telematics, full-service leasing allows fleets to adopt new technologies such as hybrid diesel-electric medium-duty trucks, and customer stories. Media contacts: Brian Degenstein, Doug Siefkes or Gregory Van Tighem
PacLease’s director of sales says before making the decision about whether to lease or buy a new piece of equipment there are five questions fleet operators should consider.
With a full-service lease, operators can divide the cost of the vehicle, apportioned tax and license, finance charge (set interest rate for the lease term), and calculated cost-per-mile maintenance expenses over the lease term - normally five to seven years. This can free working capital, plus keep a bank line of credit open for ongoing operations.
All types of fleets are discovering the benefits of full-service leasing, especially construction companies who historically had full-service leasing unavailable to them.