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November 2007, Government Fleet - Feature

Open vs Closed End Leasing: Which Is Right For You?

By Chris Brown

Choosing between the two types of commercial leases involves understanding your fleet driving patterns, your internal fleet management capabilities and your appetite for risk.

Tags: Open-End Leases, Closed-End Leases, Mileage, Driver Behavior, Risk Management

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Terminology used in Australia and New Zealand to describe a closed-end lease where the lessor is also responsible for the cost of maintenance and registration.

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