Truck Leasing in Canada | Trailer Leasing Company
BENEFITS OF TRUCK AND TRAILER LEASING THROUGH PRAFTON FINANCE:
Buying a truck or trailer requires the purchase price and sales tax to be paid upfront. Leasing allows you to pay for the trucks/ trailers and taxes over time enabling your business to better align cash outflows with cash inflows. It also creates an additional credit facility dedicated to funding your trucks allowing you to retain existing capital for financing your core business operations and investments and allowing you to cycle your assets when needed verses when capital is available. Typically, full-service leases are more expensive because lesser assumes the risk for not only the value of the vehicle at the end of the lease term but also for unplanned maintenance events. Typically, full – service leases are used by companies who prefer to have set monthly payments for lease and maintenance expenses. They are available for both large and small fleets.
We specialize in the short term, full- service rental, and long term, full-service lease solutions. Learning everything you need to know about successfully and safely leasing a car.
Less upfront cost: The cost is a major determining factor while considering to buy or lease a truck or a trailer. The upfront costs are almost sure to be less when you’re leasing. Many drivers prefer to lease because the up-front cost tends to be much lower. If you don’t have money for a hefty down payment, a lease can be a good option.Flexibility, choice, control, and performance: Prafton Finance makes your purchasing products different than other leasing companies. For the first time, you choose the level of maintenance from you to pay as you go to the full service.
Easy Repairs: All you have to choose is the vehicle, financial option, term, and much more. For both new and pre-owned tractors and trailers bumper – to – bumper maintenance coverage. All maintenance is always covered – even tires and brakes, which often are considered wear and tear equipment.
