What Is The Value In Leasing Trucks To Companies In Texas?

by | Sep 25, 2019 | Automotive

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Any type of company in the state of Texas that uses medium or heavy duty trucks for any aspect of their business should consider the leasing option. There are several businesses across the state that specialize in leasing trucks to companies, and working with one of these services can save your business money in the short and long term.

Avoid Large Upfront Purchase Costs and Payments

In leasing a truck, a business in Texas is avoiding the need to either make a cash payment for the vehicle or put a down payment on the truck and make ongoing payments for the next number of years.

Businesses leasing trucks to companies allow the company owner to simply pay a monthly lease on the vehicle, which is much less than a payment and does not require the initial upfront lump sum.

In addition, the lease payment is a tax deduction. Take the time to talk to your business accountant and see how leasing may be a tax advantage to the business.

Covered Repairs and Maintenance

When leasing trucks to companies, the lessor covers the cost of the required and scheduled maintenance for the truck. This is in their best interest, but it is also a benefit to the company.

For small trucking and freight businesses, or for any company with one or two trucks for deliveries, this is a simple way to stay on top of all maintenance issues and fleet management duties.

With regular maintenance on the vehicle, there is less wear and tear, which means if the business decides to buy the vehicle after the lease, they know it is in top condition. Well-maintained trucks are less likely to have unscheduled downtime for repairs, which is also a benefit to consider.

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