Articles
Buying vs. Leasing Electric Vehicles: Pros & Cons
As your fleet plans out its electrification roadmap, consider whether buying or leasing EVs make sense for your needs. Here’s what to consider.
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SEARCHMENUSEARCHAs your fleet plans out its electrification roadmap, consider whether buying or leasing EVs make sense for your needs. Here’s what to consider.
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Serving the small- to mid-size fleet market, 55 percent of Union Leasing’s portfolio is comprised of light- and medium-duty trucks. Recently, it acquired Express 4x4 Truck.
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Similar to fleet leasing, equipment leasing also allows for creative ways to generate working capital and improve cash flow.
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This delivery service fleet opted for full-service leasing to maintain its trucks and reduce the stress of unexpected repairs.
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The financing option is aimed at helping small businesses upgrade their diesel trucks to meet early compliance with the California Air Resources Board’s on-road diesel vehicle and tractor-trailer greenhouse gas regulations.
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Open-end leasing comes with residual value risk but no restrictions and greater control. Can it work for your small fleet?
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A new Internet service offers commercial same-day fleet leasing quotes — without running your credit.
Read More →RBC Bearings saved lease and maintenance expenses by moving to a shorter cycle with a flexible closed-end lease.
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Can fleets take advantage of advertised consumer lease deals without getting burned?
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For seasonal services, vehicles out of commission, short-term projects, or for businesses short on credit, truck rentals can be a cost-effective alternative to leasing.
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Reimbursement doesn’t work from an HR or safety & liability perspective, is counter-productive to corporate ‘green’ initiatives, can negatively impact the company image, and FAVR reimbursement programs may not be SOX-compliant.
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