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Your equipment affects your bottom line.
To successfully manage your business, you need financial and operational flexibility. That’s why XTRA Lease offers a variety of trailer rental and leasing options to choose from.
Trailer Rental
When you rent trailers, you enjoy the freedom of not having any specific time or equipment obligations. It's simple. Your trailer rental ends when you return the trailer. This is an excellent way to handle your seasonal or unexpected peak business periods, and trailer rental is a great way to control the growth of your fleet.
Operating Trailer Lease
An operating lease provides your business with added flexibility and is usually your lowest monthly lease payment option. It'll also keep trailer debt from showing on your balance sheet. And, with an operating trailer lease, you won't have any concerns about owning equipment you don't permanently need. As an added benefit, an operating lease allows for early termination and equipment swap options, as well as a variety of maintenance package options to choose from.
Trailer Lease with Purchase Option
When you choose a lease with purchase option, your monthly rate may be a little higher than that of an operating lease. This is because XTRA Lease must target the option value of your equipment several years down the road and assume all risks regarding the value of the equipment when the lease expires. This gives you tremendous flexibility because you can either purchase the trailer or return it with no penalty when the lease ends. With a lease purchase option, early termination is also available.
Conditional Sale or Finance Contract
With a conditional sale or finance contract, you'll enjoy full depreciation and interest benefits of your leased trailers. You'll also have the flexibility of unencumbered trailer ownership after your final lease payment. With a conditional sale or finance contract, your payments will build equity. Staggered, flex payment and balloon payment options are also available to qualified customers with this option.
Explore the many advantages to renting and leasing, then choose the option that works best for you.
For more information on trailer rental or leasing options, including rates and terms, contact your local XTRA Lease branch or e-mail us.
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