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Our closed-ended lease plan keeps things simple for your company. Fixed monthly payments make budgeting easy, and disposing of the vehicles at the end of the lease term is our responsibility, not yours. With our closed-end lease, you don't pay the full price of the vehicles- you only pay to use them for an agreed-upon length of time and an agreed-upon number of miles. Then you turn them in to us and take delivery of your new vehicle. You never have to worry about depreciation, resale value or fluctuating used car and truck prices.
We will help you weigh the factors that determine whether a closed-end lease is the best choice for your company, such as conformance to the requirements of FASB-13 as an off-balance-sheet transaction, and we'll tailor the lease to suit your needs.
Our open-end lease plan gives you the widest possible choice of vehicles, plus maximum leeway in lease payments and terms, including unlimited mileage. In addition, your lease can be written to conform to the requirements of FASB-13 as an off-balance-sheet transaction.
We can provide vehicle analyses and resale value estimates to help you decide whether or not an open-ended lease is right for your company, and reduce your ultimate net cost by helping you get the best possible resale prices at the end of your lease term. When you lease from Leasing Associates, you also get: