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Buying vs. Leasing Trailers: Advantages of Each

Risks in trucking never go away. 

You have to stop and take a breath every now and then. Think about how you want to improve your business. Weigh the benefits and drawbacks of buying or leasing trailers.

Which of those options takes you where you need to go?



 

Weigh the benefits of buying vs leasing trailers.

You start every year with trailers sitting idle. A few months later, you don’t have enough. Then, you sign a new account and your biggest customer asks for different specs. And what about those old trailers you need to get off your books?

That’s life in trucking. Those risks never go away. The stakes are especially high today in light of rising equipment prices, a shortage of drivers, a glut of expensive regulations and the threat of recession. You have to stop and take a breath every now and then. Think about how you want to improve your business. Weigh the benefits and drawbacks of buying or leasing trailers.

Which of those options takes you where you need to go?

Maybe you’re a staunch I’m-gonna-own-all-my-trailers kind of manager. And maybe a large fleet of owned assets fits your business model.

But maybe there’s room in your plan for a lease.

You’re probably thinking, “Big surprise. XTRA Lease thinks I should lease instead of buy.”

Sure, our company wants to lease trailers, but here’s why we want you to consider leasing some instead of buying all:

Customers tell us that most effective fleets have a combination of rented, leased and owned trailers.

Only you know what the best mix is for YOUR business. Comparing the benefits and drawbacks of buying vs leasing trailers can help you make the best decisions.

This infographic lays out some key advantages of both so you can easily compare. Click on the image to download a PDF.

 



Here are a few more takes on the buying vs leasing question. Why not check them out?