The decision to buy or lease a commercial truck depends on the type of routes you run, your debt preferences, and the way you operate your business. To help you decide, DeCarolis Truck Rental, the premier truck leasing and maintenance company in Rochester, NY, highlights below some of the pros and cons of a lease vs. buying outright. For more than 75 years, this family-owned and -operated business has offered a variety of transportation services, including high-quality truck rentals, leases, and flexible service plans to meet your financial and scheduling needs.
Commercial Truck Leasing
Leasing offers several financial benefits. You do not have to provide a down payment, so you can use cash on hand for other expenses. Additionally, you don’t add the debt to your balance sheet; instead, you can expense the cost each month and keep your credit flexible. Truck leasing lets you upgrade your vehicles more frequently as technologies improve, which is ideal for fleet operators concerned about safety or businesses that hope to attract or retain drivers with newer equipment. Finally, a truck lease through DeCarolis Truck Rental includes a full-service truck maintenance contract to keep the vehicle running smoothly for the length of the lease.
Buying a Truck
Buying commercial trucks is the most common way to acquire a fleet. Ownership gives the fleet operator full use of the vehicle with no limits on mileage and no customization restrictions. If you own it, you can do what you like with it. However, ownership makes upgrading from and disposing of old vehicles more difficult, and there are hidden costs to ownership, such as maintenance and repairs, as well as hiring a maintenance crew. It may also cost more to stay abreast with technological innovations and government regulations.
DeCarolis Truck Rental, the most experienced truck leasing and maintenance service in Rochester, NY, offers long- and short-term Class 3 to Class 8 truck rentals. Their huge fleet makes it easy to find a vehicle that suits your needs. Visit their website for contact information, or call (585) 254-1169 to speak to a friendly, knowledgeable professional about a truck lease or rental.