Vehicle Leasing
Commercial Open End Leasing Programs
This program, which is often referred to as a finance lease, combines the benefits of leasing with the flexibility of ownership – without the up-front capital investment. There are no wear and tear clauses since the vehicles condition is reflected in the resale value. There are no early termination penalties. You can amortize the cost of the vehicle over terms you choose. Monthly billings may be subdivided by separate division, profit centers and the like. You participate in the resale of the vehicle whether there is a gain or a loss. If the vehicle sells for more than the residual, you keep the gain.
Better cash flow
No Mileage Restrictions
No Damage Charge Backs
No early termination penalties
Each vehicle customized to your driver’s needs
Multiple Depreciation Options, including ownership at the end of the lease
Flexibility of ownership with the tax advantages of a lease
Closed End Leasing
This program often referred to as a “Walkaway” lease, protects you from an unfavorable used car market. The responsibility for resale rests with ACT Leasing, Inc. You have no other obligation than abnormal damage or mileage in excess of the agreed upon amount. Monthly billings may be subdivided by separate division, profit centers and the like.
Easy and predictable budgeting
Specific financing terms
Specific lease terms
Your fleet committed to low operating cost
Each vehicle customized to your driver’s needs
End of the term walk away with no residual risk
