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It’s not easy to manage a fleet of semi-trailers. When you think of all the challenges involved in operating an efficient fleet, there are many advantages to renting and leasing trailers over equipment ownership.
Renting and leasing trailers allows you to:
- Acquire semi-trailer equipment without large cash outlays, as a trailer lease does not require a down payment. When business conditions change, leasing trailers gives you the flexibility to adapt to those changes without a heavy investment in obsolete equipment.
- Achieve maximum flexibility between purchasing trailer equipment, renewing trailer leases, upgrading your equipment or returning trailers at the end of the lease.
- Show your trailer lease payments on your income statement as a monthly operating expense rather than a long-term debt on your balance sheet. By not tying up capital on trailer equipment, you can focus your resources on core business activities.
- Benefit from swap options and early termination options available during your trailer lease term, giving you flexibility when your trailer needs change.
- Count on fixed, predictable trailer rental/lease payments, rather than variable rate financing that can occur when purchasing trailers.
- Keep up with the newest semi-trailer equipment, latest technologies and government regulations that can increase productivity and cut distribution costs.
- Give XTRA Lease your risk of disposing older, less productive trailer equipment.
- Match your trailers to your business volume, with short term trailer rentals and long term trailer leases available. Choose from a variety of trailer maintenance programs to find one that fits your specific needs.
- Let XTRA Lease take over the administrative responsibilities of maintaining your trailer fleet, such as dealing with taxes, licensing, regulatory compliance issues, etc.
For more information on XTRA Lease’s trailer rental or trailer leasing options, including rates and terms, contact your local XTRA Lease branch or e-mail us.
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