Operational Truck Leasing vs. Capital Truck Leasing
August 24, 2023 ⚊ 1 Min read ⚊ Views 47 ⚊ TRAVEL
Operational truck leasing is a type of agreement where a company leases a truck from a leasing company for a specified period of time. The leasing company owns the vehicle and is responsible for maintaining it, while the lessee pays a monthly fee for the use of the truck.
The lessor is typically responsible for covering the costs of insurance, fuel, and any other operational expenses associated with the truck. At the end of the lease term, the lessee can either return the vehicle to the leasing company, extend the lease or based on the market value of the vehicle
Operational truck leasing is a popular option for businesses that need access to trucks for a specific period, without the commitment and expense of purchasing and maintaining their own fleet of vehicles. It allows businesses to focus on their core operations and avoid the upfront capital costs associated with owning and maintaining a truck fleet.
Additionally, operational truck leasing can provide businesses with g
