LEASING FAQs
Is there mileage and hour limitations?
Unlike other lease companies, we have no restrictions for the number of miles or the amount of hours the equipment will incur.
What determines the sales price?
We place a bid request to a minimum of 3 product vendors and take the lowest price. We then pass on to you the exact cost we are paying for the vehicle or equipment. This certifies that you are getting the best value on the market.
What is my residual?
Residuals are set up on a per deal basis. Vehicles will be 20-25% and equipment from 10-15%. We can do a $1 buy out, however we discourage this if you wish to take tax benefits.
How much down payment is required?
In most cases nothing, however it will depend on collateral and deal structure.
Where do I send my payments?
You will send them to the bank we set your lease up with. In most cases we can arrange ACH payment options to streamline your payment schedule.
What is the interest rate?
Interest rates are determined by credit worthiness on a per deal basis; however we pass on to you the rate that we receive so we are battling on your behalf for the lowest rates available
Unlike other lease companies, we have no restrictions for the number of miles or the amount of hours the equipment will incur.
What determines the sales price?
We place a bid request to a minimum of 3 product vendors and take the lowest price. We then pass on to you the exact cost we are paying for the vehicle or equipment. This certifies that you are getting the best value on the market.
What is my residual?
Residuals are set up on a per deal basis. Vehicles will be 20-25% and equipment from 10-15%. We can do a $1 buy out, however we discourage this if you wish to take tax benefits.
How much down payment is required?
In most cases nothing, however it will depend on collateral and deal structure.
Where do I send my payments?
You will send them to the bank we set your lease up with. In most cases we can arrange ACH payment options to streamline your payment schedule.
What is the interest rate?
Interest rates are determined by credit worthiness on a per deal basis; however we pass on to you the rate that we receive so we are battling on your behalf for the lowest rates available
