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Rental & Lease Options
To successfully manage your business, you need financial and operational
flexibility. That's why we offer a variety of rental and lease options to
choose from. Explore the many
advantages of renting and leasing, then choose
the option that works best for you.
Rentals
When you rent, you enjoy the freedom of not having any specific time or
equipment obligations. It's simple. Your rental ends when you return the
trailer. This is an excellent way to handle your seasonal or unexpected peak
business periods and assists in controlling the growth of your trailer fleet.
Operating 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 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 full-service or net/net maintenance programs.
Lease with Purchase Option
When you choose a lease with purchase option, your rate will be a little
higher. 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 enormous
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 equipment. You'll also have the flexibility of
unencumbered ownership after the final payment. With a conditional sale or
finance contract, your payments will build equity. Staggered, flex payment
and balloon payments are also available to qualified customers with this option.
For more about Rental & Lease Programs or the advantages of Leasing vs.
Ownership, contact your local XTRA Lease
branch or e-mail us at
marketinginfo@xtra.com.
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