Signs it’s Time to Lease a Commercial Truck

Leasing a commercial truck gives you the right to use it as you wish, for the period the lease lasts. Naturally, there are also certain conditions. The person leasing you the vehicle is responsible for maintenance and repairs, but not if it was your neglect or misuse that caused the damage. You will be required to make monthly payments, same as if you were renting an apartment.

commercial truck leasing

If you need a commercial truck for your business, leasing is a very good option, especially if you cannot afford to pay a big sum of money upfront. Considering that you will not pay for the cost of the vehicle, the commercial truck leasing monthly payments may be even lower than a loan, which makes the lease affordable, especially if you compare it with the utility of the truck for your business.

Leasing is good because it allows you to avoid debt and, once the lease agreement comes to an end, you can choose to upgrade to a better vehicle. On the other hand, you also have the option to purchase the truck at the end of the lease, for its residual value (which is determined in the original leasing contract).

Loaning a commercial truck is not so great, mainly because it is not an investment; you are just using someone else`s vehicle. There will be higher monthly payments and you will likely be required to purchase extra insurance.

The Value of Vehicle Leasing: How Commercial Truck Leasing Can Expand Your Business

Whether you own a new delivery business, or you’re trying to make it as a repair service, there are a few important notes to remember about having your own leased truck or vehicle fleet. These vehicles, while not belonging to your company, can come in real handy when you need a fast set of wheels and an appropriate amount of storage space for all your equipment, materials or deliveries. Moreover, vehicle leasing implies that you don’t need to care much about what happens when your truck breaks down.

If you buy your own trucks or pick-up trucks for your business, you’ll be responsible for each and every thing that happens to them. Let’s say your truck needs a new battery, or that the electric system needs repairing. That’s hundreds or even thousands of dollars worth of maintenance and repairs, depending on how serious the problem is.

Leasing trucks from Alliance Leasing in Denver can be a lot more advantageous. You pay a fixed amount – as you would if you rented an office space – so your expenses are predictable. Moreover, the company you’re leasing from will take care of all the maintenance work, and may even replace your truck, if it breaks down completely.Alliance Leasing Denver

 

Commercial truck leasing can easily expand your business, if you don’t overextend yourself. The practical value of leasing a truck or a fleet of commercial trucks will be beyond what you can first imagine, leading to faster results, better profits and a higher level of recognition when compared to your business partners and competitors.

Driving Safety Tips

travel tips from commercial truck leasing companies

The safety of car/truck drivers, passengers and other traffic participants is directly related to drivers` education and experience. To prevent accidents, here are some tips from well known commercial truck leasing companies.

  • Use the seat belt

The safety belt should be worn by drivers and passengers alike, as long as the car moves. In case of a potential impact, it can save lives.

  • Maintain visibility

Make sure all the mirrors are properly positioned so that you have visibility from all angles. Make sure there is enough windshield washer fluid in the special recipient to allow you to use wipers and clean the windscreen anytime it is necessary.

  • Have the required accessories

Most car accessories are optional, but there are a few that you must have: a first aid kit, a fire extinguisher and reflective triangles. Keep these in your trunk all the time.

  • Focus on the road

Avoid the things that distract your attention while driving. Do not use your mobile phone except in emergency situations, do not listen to loud music and do not allow the other passengers to disturb you.

  • Use the signal lights

Those lights are there for a very good reason. Signaling your intentions is very important to avoid car collisions.

  • Ensure that you always comply with the legislation and that you are up to date with any changes.