Leasing commercial vehicles and heavy equipment can come with great responsibility, especially if you’re investing a lot of money into those vehicles, and your profits are still somewhat shy to show themselves. As a result, making sure to avoid the need for any repairs and keep your commercial vehicles and heavy equipment safe should be one of your main concerns during the beginning stages of running a large delivery or transportation service.
The first thing you have to focus on is to make sure that all your drivers are properly screened and selected among the best commercial drivers that you can find in your area. Make sure that they are not only familiar with safe driving practices, but that they also know how to drive preventively, so that they can avoid accidents and make sure that the vehicles they are entrusted with remain in prime condition for as long as possible.
Frequent maintenance is also very important. If you have a maintenance related agreement associated with your heavy equipment leasing contract, make sure to review it and discuss the points that are not satisfactory enough with your leasing company.
Finally, if you notice any technical problem with any heavy equipment or vehicles, make sure the leasing company is made aware of the problem and that they replace your vehicle as soon as possible. Failure to do so might result in the need for expensive repairs, and the company might end up blaming the issue on you, since you haven’t notified them in time.
If you’re planning to start a delivery business or a service where you or your employees would have to drive to your customers’ homes or properties, a fleet of vehicles might be just what you need to kickstart your business and begin earning a lot of money.
Of course, if you’re in need of a fleet of vehicles, chances are your business is already going quite well, and your plans for expansion are underway. However, even so, an entire fleet of cars, vans or pickup trucks might be a little too expensive to buy. So, what can you do?
One option is to save your profits and postpone the expansion. You can save enough for a down payment that would get you a loan to buy all the vehicles you need. The only downside is that, while you wait, you’ll lose a lot of potential profits and possibly some really good customers as well.
A far better option would be to lease your vehicles. Denver CO heavy equipment leasing companies offer significant advantages to businesses that lease their vans or trucks, including affordable repairs and maintenance, quick replacements (if one of the vehicles is in bad shape) and the option to manage the entire fleet as if it was your own, but at the fraction of the cost involved with buying it.
We know it is hard to make your business stand in such a competitive market, especially if you work with heavy and expensive equipment. Luckily, you can now manage to afford it, because there are good and fast leasing solutions at Alliance Leasing for the latest and innovative heavy equipment that your business needs.
If it is time to renew or expand your business, you will surely find financial leasing solutions for a wide range of heavy equipment and machinery. The most common types include:
Means of transportation
• Heavy commercial vehicles
• Trailers, semi-trailers, tractors
• Rolling stock – locomotives and wagons
• Pleasure boats & yachts
• Compactors / vibrocompactors
• Concrete mixers
• Concrete pumps
• Front loader
• Mills and asphalt stations
Leasing heavy equipment is a popular solution, used by individuals and businesses. Currently, there are two main forms of heavy equipment leasing: financial and operational.
Financial leasing is the most common one. This financing option is similar to a bank credit. The customer (also called “the lessee”) purchases the equipment through a loan, which he/ she then repays in installments.
During the contract, the leasing company owns the equipment; only after the end of the contract, the client becomes the owner. However, the risks and benefits of ownership pass on to the user, when the contract is signed.
Operational leasing is a less-used solution. This type of contract is rather like a rental contract.
Therefore, the monthly rent will not be calculated by taking into account an interest rate, but it will depend on the degree of depreciation of the equipment during the period of the contract and the profit margin of the leasing company.
In the case of operational leasing, the customer will not become the owner of the equipment, when the contract ends. If they want to buy the equipment, they will have to negotiate a price at the end of the contract, with the leasing company, as if they were buying the equipment directly from the second-hand market.
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.