No longer a purely finance decision, consideration for the total cost of ownership should be taken into account. Some points to consider when deciding on leasing or buying:
Price of vehicle
- Residual value
- Composite Income Tax Rate
- Lease Rate
- Operating Term
- Flexibility requirements
- Sales Tax Rates
- Depreciation of equipment
With full service leasing, you can focus your management and financial resources on your core business and enjoy bottom line stability. Fleet maintenance and management will always be secondary to your business, but it’s our primary business. Let Velocity Truck Rental & Leasing handle your fleet logistics, staff management, preventive maintenance, emergency road service, safety programs, permitting and licensing, vehicle washing, substitute vehicles, fuel tax issues, and more. We have the fleet leasing and operations experts to do a better job. And a menu-driven offering that gives you the customized transportation services you need.
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