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SEARCHMENUSEARCHThe Waynesboro (Pa.) Borough Council is considering disbursing its vehicles in favor of a leased vehicles fleet to reduce maintenance costs.
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Choosing between the two types of commercial leases involves understanding your fleet driving patterns, your internal fleet management capabilities, and your appetite for risk.
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Not only will the market share for the closed-end lease grow, but so will its impact on fleet. A desire for predictable budgeted payments and fewer surprises at resale has prompted a renewed interest in the closed-end lease.
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Deciding whether to lease or own company-provided vehicles can seem a daunting task. Knowing the basic concepts helps.
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