Rent or Lease???Durability

With the average cost of a new vehicle rising each year, it is becoming more important to understand the options available for financing. Leasing has become a much more widespread option available to consumers through a number of different sources, but so has long-term rentals (or also known as project rentals). It is very similar to leasing but with more flexibility. Using our experience to think ahead is an intrinsic part of our service, which will save you time and money.

When you rent, you have all the advantages of leasing, but on a shorter lease term (so there are no early lease termination fees). You also have the option to have a "Pre-Paid" or "One-Pay" rental package. Which means you pay for everything up front and avoid having to worry about monthly payments.

When you lease, you pay only for what you use of the vehicle. The most frequently cited advantages of leasing are that leasing requires a lower initial cash outlay, the monthly payments are generally lower than a loan, and you can usually get more vehicle for your money.

When you buy your vehicle, either with cash outright or with a financial agreement, is that you have or are building equity toward ownership. The main advantage is that you own the vehicle after all the payments are made. The main disadvantage is that by the time you actually own the vehicle, it may have cost you far more than the vehicle is worth.

Transportation is a cost of doing business, often, that cost can be a direct liability depending on your company's decision to lease or purchase your vehicle. You also have an option of Long-Term Rentals (or a short-term lease), which is why Zeemac is one of the leading full maintenance leasing company's in Western Canada.

 

 

Project Rentals | Benefits of Renting | Rent or Lease? | Adding Equipment


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