Vehicle Leasing
Open-end Leasing
Often referred to as a finance lease, this lease combines the benefits of leasing with the flexibility of ownership, without the capital investment. The open-end lease has no wear and tear clauses, no mileage or early termination penalties. You participate in the resale of the vehicle whether there is a gain or a loss. If the vehicle sells for more than the residual, you keep the gain.
- Flexible leasing terms
- Unlimited mileage
- No early termination penalties
- No wear and tear clauses
- At the end of the lease you own the car
- Maintenance management can be added to monthly payment
Closed-End
Leasing Programs
Often referred to as a “Net” or “Walkaway” lease, this program protects you from an unfavorable used car market. All the risk of resale is shifted to Interstate Fleets, Inc. You have no other obligation than abnormal wear and tear or mileage in excess of the agreed amount.
- Specific financing terms
- Specific mileage terms
- Full maintenance or maintenance management can be added to monthly payment
- At the end of the lease you just walk away.
Lease vehicles from us and we'll take care of a whole lot more!
Vehicle acquisition and operating costs can have a dramatic impact on your company’s bottom-line performance. How well you acquire, manage, and dispose of your rolling assets can directly affect your company’s profits.