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Closed-End Leases

For many fleet managers, the closed-end lease means everything is “fixed.” However, this isn’t always the case. By offering customers more options and mid-term lease recalculation, LeasePlan USA, a vehicle leasing and fleet management company, has made the closed-end lease a more flexible option.

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Forecasting the Future of the Closed-End Lease

Not only will the market share for the closed-end lease grow, but so will its impact on fleet. A desire for predictable budgeted payments and fewer surprises at resale has prompted a renewed interest in the closed-end lease.

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?