5 Things Every Business Should Know Before They Buy or Lease Their Vehicles. Please fill out the form to download the PDF.
A consumer lease is written by a car dealership and financed by a bank. The vehicle’s value is set by the financial institution. Terms are anywhere from 24 months to 4 years, and mileage is capped between 10,000-15,000. There are penalties and fees if the driver goes over those miles.
Commercial leases are different in the fact that they are structured and written by a Leasing/Fleet Management company. Fleet management companies partner with dealers nationwide and have purchasing power that they use to negotiate prices, thus transferring those savings to the customer. So, unlike the financial institution and dealership-Leasing Associates works to get you the cheapest price.
Want to learn more about ALL the benefits of leasing? Give us a call 1-800-449-4807