Some call them closed end leases; others walk-away or fixed-price leases. We find it an excellent option for fleets looking to maximizing cost controls while minimizing risks. With Merchants closed end lease you will always know what’s coming.
Our closed end lease eliminates price volatility in the marketplace with predictable expenses and cash flows for the term of the lease. There’s no need to worry about rate fluctuations or seasonal resale influences.
Especially when bundled with our Full Maintenance, Fuel and Insurance products, closed end leasing can become a one-stop answer for all your fleet expenses.
CLOSED END LEASE PROVIDES YOU WITH:
- The flexibility of including or pooling excess mileage and auto wear and tear costs into our closed end lease structures so that you won’t have to worry about end of lease considerations
- All you do is walk away with Merchants custom cost effective closed end lease product
OPTIONS WE OFFER:
- Fixed interest rates with no payment variations
- Specified lease terms that keep your fleet committed to low operating costs
- End of term walk away terms with no residual risk
- Potential lowest cost option depending on market resale conditions of your car or truck
Plus, when you add our extensive fleet management services, you have the most rock-solid fleet program anywhere—on and off the road.
To learn more and talk with one of our experts, call 1-866-6LEASES or click here to contact us.