Case Study
CASE SUMMARY
A construction firm had never utilized leasing before, but was interested to see if Alliance could provide financial and accounting benefits that would help them.
With the help of a leasing expert, a truck was located to fit their needs and, as a result of Alliance’s buying power, a price was negotiated that represented a $3,067.95 discount from their price based on a recent purchase.
$4,956
The company achieved a $4,956.19 savings by leasing vs. paying cash for this truck.
Additionally, the company was able to acquire the needed asset without using their own cash and without tying up their line of credit
Alliance Leasing ran a customized cash-flow analysis with the following parameters:
- The company had a combined Federal and State income tax rate of 25% under the new tax laws
- Their cost of capital was 5%
- They earn approximately 7% pre-tax on the cash invested in its operations
- They pay 7.6% sales tax on purchases
- The company takes advantage of the IRS Section 179 Deduction
Lee,
It was a pleasure working with you and your staff! I can safely tell you that the experience was smoother and more service oriented than other companies and dealerships I’ve dealt with. I look forward to working with you again.
~ Sean B.
I don’t know why anyone would do anything else. One call gets me the truck I want, with shelves and logos. I have almost no cash out of pocket – so I can keep that money towards working in my business, And when I’m done, Alliance makes the trucks disappear, and gets me a fair price. It’s like having an “easy button” for my fleet. I would recommend Alliance to everyone.
~ Howie M.
We’ve been working with Lee and Alliance Leasing for more than 20 years, and have leased hundreds of trucks. We’ve been sold on other options over the years, but we’ve always come back to Alliance because of the integrity and high level of personal service. They always work to accommodate our special needs.
~ Andrew S.
I never considered leasing before because I thought it wouldn’t work for us. We put on a lot of miles and we’re very hard on our trucks. After reviewing the proposals, I was surprised at the discounts Alliance was able to negotiate for us and the advantages of owning. We saved over $5,000 per truck compared to what the dealer had offered. Alliance did exactly what they promised, and made the process simple.
~ Victor G.
