Commercial Truck Leasing: Is this the Right Decision?

The economy is still in a slow recovery, and most businesses are playing it safe when it comes to expansion, expenditures, and investments. Even with the best advice from professional analysts, economists, and financial advisors, it is hard to know for sure when it is safe to make the leap and allocate a large amount of your company dollars. On the other hand, it is often necessary to assume some risk in order to expand enough to not only compete with competitors and maintain or expand your customer base; but also to ensure that your business practices and operation choices stay current with the latest advances, offerings, and technologies within your specific niche in the transportation industry. So how do you know when the best time is? This is where commercial truck leasing can be an excellent and safe bet that allows you to expand in a conservative and prudent matter, with less total investment and commitment. Leasing a commercial truck allows you to take advantage of the latest technologies available in the transportation industry, including updated equipment, to provide your goods and services quickly, efficiently, and safely with the quality your customers and partners have come to expect. Commercial truck leasing also allows you to avoid the costly repairs that often accompany the ownership of vehicles that will eventually have mechanical issues and become obsolete. 

By leasing you save time by not having to go through the time consuming process of selling your vehicle at a given point in time. For companies that are taking a conservative approach to expanding their fleet, leasing provides an opportunity to put less money down which frees up more operating capital and line of credit for your company to allocate wherever your business needs it most. By obtaining the best lease options, you can reduce company monthly fleet operation expenses as well. Leasing provides the added incentives of special tax write offs not available to those that purchase outright. 

The exact types of incentives available depend on your specific type of lease which is another great benefit of leasing. Two of the most common types of leases are open and closed ended leases. Open ended leases offer more flexibility with less mileage restrictions, wear and tear penalties, or early termination charges, for example. Closed end leases are most appropriate when businesses intend to utilize the vehicle in a more fixed and limited manner. Each type of lease has various credits and deductions associated with it, so you will want to seek advice from the IRS or your accountant. By leasing a commercial vehicle as opposed to buying, your company is not locked in to ownership, which allows you to trade up every couple of years so that you can continue to take advantage of all of these incentives, technologies and flexible options. Commercial trucks leases are available for nearly any commercial vehicle that you need for your business. In this sense, leasing a commercial vehicle is a smart choice for nearly all business solutions necessary in the current economy and climate within the transportation industry.

Get Commercial trailer leasing and financing at competitive rates at TruckLendersUSA.com. Company also deals in commercial trailer financing and truck financing.