Commercial Truck Leasing
The purchase and maintenance of company owned equipment alone often creates a drain of time, talent and financial resources. Of the transportation options available today, commercial truck leasing alone allows you to have Rihm Leasing’s state-of-the-art vehicles, fully specified to meet your needs with no up-front capital investment, no maintenance responsibility, and no resale responsibilities down the road.
Leasing eliminates the headache of handling transportation administration and maintaining your vehicles. We include preventive maintenance, emergency roadside service, safety programs, permitting, licensing, vehicle washing, substitute vehicles, and more. And to make things simple, all of these services are included in your monthly lease payment.
To make things even easier, we have several full service leasing locations throughout Minnesota, Wisconsin & South Dakota.
Services Included in Full Service Truck Leasing:
Improved cash flow management due to predictable transportation costs billed in one convenient monthly invoice
Customer specific vehicle specifications. Examples of equipment available include Kenworth, Volvo, Freightliner, Ford & Izuzu.
Your company logo and/or lettering
No down payment or responsibility for resale
All routine maintenance, repairs and tires
FHUT, base license and fuel permits
DOT compliant record keeping
Fuel tax reporting
Substitute vehicles provide for mechanical failures and breakdowns
Nationwide 24-hour road service & towing, including access to our NationaLease service network
Why Leasing is a Good Idea:
Save Money, Accurate Financial Planning & Conservation of Capital:
Leasing eliminates the need for making major investments in equipment, facilities, fuel tanks, management and infrastructure, and environmental compliance.
Lease payments are fixed so they don’t fluctuate unexpectedly like loans tied to the prime rate. Leasing also simplifies your accounting and offers management a tool for more accurate long-term financial planning. Freight, sales tax, excise taxes, and registration are all included in monthly lease payments.
Purchases are made with after-tax dollars so lease payments are deducted as a monthly operating expense, reducing your net cost.
Full Service Truck Leasing Improves Productivity and Cash Flow by allowing you to add or upgrade equipment with 100% financing (no down payment). Money saved on equipment purchases can be more profitably expended for inventory, personnel, and marketing.
Benefit from New Equipment & Eliminate Downtime
Rihm Leasing takes complete responsibility for the vehicle, handling all maintenance, licensing, permits, and taxes, enabling you to devote energies where they are needed most – to building and running your business.
Rihm Leasing’s 24-hour service facilities, roadside assistance, and substitute vehicle fleet help you meet your delivery schedules by eliminating downtime.
Our full service commercial truck leasing keeps your company competitive and profitable by allowing you to benefit from new equipment and upgrade your fleet on a timely basis. It also eliminates the burden of selling used equipment and the risk of loss on sale.
With the flexibility of a custom-tailored lease we can customize a lease to meet your specific needs. For example some customers are both a full service lease and contract maintenance customer – different vehicles require different solutions.
Our leases are customized to meet your specific needs. Your business is able to specify term, equipment options, and purchase options.
What are the tax benefits when Leasing vs. Owning?
Click HERE for a calculator to see how much you can save by leasing with Rihm Leasing.
For more information on Full Service Leasing, contact Tommy today at 507.206.7153 or by clicking on “Leasing Inquiries” below.