Leasing

Cost: Leasing a fleet of trucks can be more cost-effective than buying them outright, especially for small businesses or startups.

You’ll be able to save on upfront costs, such as the down payment and sales tax, and you’ll also have the option to negotiate lower monthly payments.

Flexibility: Leasing allows you to upgrade to newer Volvo trucks more frequently, which can be beneficial if you need to keep up with the latest dashboard technology or if you operate in a rapidly changing industry.  Hudson Truck Leasing in Secaucus, NJ is offers various solutions for fleet rental or leasing.

You can also adjust the size of your truck fleet as your business grows in 2023.

Maintenance: Many trucks rental and leasing companies include maintenance in their contracts, which can save you time and money on repairs and upkeep.

Tax benefits: Depending on your business structure, you may be able to claim tax deductions for your truck fleet leasing or rental overhead.

Off-balance-sheet financing: Leasing a fleet of trucks can allow you to keep the vehicles off your balance sheet, which can be helpful if you want to preserve your borrowing capacity or if you’re trying to keep your debt levels low.

Overall, leasing or renting a fleet of trucks can provide a more flexible and cost-effective solution for businesses that need heavy Volvo Trucks.  Program options include full service leasing (vehicle and maintenance), net leasing (vehicle only) and T.R.A.C leasing (vehicle and agreed residual value)  as part of their operations.