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Closed-End Leases

Open-End Versus Closed-End Leasing

For both small and large fleets, choosing the correct lease type requires consideration of costs, utilization, and remarketing scenarios.

New Accounting Rules Require All Leases on Balance Sheets

The Financial Accounting Standards Board (FASB) has voted to move forward with a new standard that would require companies and organizations to include lease obligations on their balance sheets, a move that's being greeted with cautious optimism by fleet management companies.

City of Marion Debates Lease vs. Own for New Bucket Truck

The Marion City Council ended up approving a lease-lease agreement with Altec Capital for a new truck that would cost the City $86,157 over a five-year period. At the end of five years, the City has the option to purchase the vehicle for its fair market value cost or enter a new lease for a new truck.

Can I Quote You?

A new Internet service offers commercial same-day fleet leasing quotes — without running your credit.

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