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TRAC Lease

Should You Lease or Buy Work Trucks?

Dynamic, fast-moving financial options can create a real dilemma if you’re looking to update your fleet. Luckily, some tried-and-tested baseline rules can help cut through the clutter and secure the financing options you need to grow your business.

Establishing Amortization Rates by Vehicle Class

The open-end, TRAC lease allows fleet managers a great deal of flexibility in managing depreciation. One manifestation of that flexibility is allowing fleet managers to amortize vehicles based on vehicle class and usage.

How Will Accounting Rules Impact Off-Balance

The FASB and IASB have put a new leasing project on their agendas. The outcome will be the creation of one leasing standard applied worldwide. Is this the beginning of the end of off-balance sheet accounting for fleet leases?

How To Negotiate A Fleet Management Agreement

With the extensive menu of leasing and fleet management services available, fleet management agreements can be confusing. It is important to understand what to look for and what negotiable issues are.