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Open-End Leases

Ways to Assess Rates When Funding Vehicles

In recent years, funding strategies for fleet vehicles (including both leased and financed) has been pretty straightforward. Funding rates have been low, and have remained relatively flat. Is it time to reassess?

Identifying the Right Funding Options for Your Fleet

Good times, tough times, no matter what the economy brings, when you replace vehicles, somebody must get paid. There are a variety of funding options available to fleets; here are some of them, and how to find the right one.

Meeting the Challenge of Depreciation

While depreciation is the biggest fleet expense, there are steps fleet managers can take before purchasing a vehicle, while it’s in the fleet, and when it’s being remarketed that can make this expense manageable.

Fitch: Lease Accounting Rule Changes Won't Hit Corporate Ratings

New accounting rules that will require companies to include virtually all leases on their balance sheets will not affect credit ratings or the approach Fitch Ratings uses in adjusting leverage metrics to take account of leases, the ratings agency has announced.

Open-End Versus Closed-End Leasing

Choosing a leasing instrument during the procurement process is a vital aspect of fleet management that requires consideration of costs, utilization, and remarketing scenarios.

New Accounting Rules Require All Leases on Balance Sheets

The Financial Accounting Standards Board (FASB) has voted to move forward with a new standard that would require companies and organizations to include lease obligations on their balance sheets, a move that's being greeted with cautious optimism by fleet management companies.

6 Innovative Cost-Reduction Strategies

By now, most fleet managers know where to look to cut costs, such as reducing supplier rates, tracking fuel costs, and managing depreciation. A few other areas can provide additional, innovative cost-saving strategies.

Finding Lost Dollars in Your Fleet Budget

Fleet managers know that it's smart to focus cost-reduction efforts where the money is - depreciation and fuel. But, within these categories, there are savings that even experienced fleet managers often miss.

Twenty-One Year Fleet Outsourcing Analysis

Information analyzed includes how fleets are funding their vehicles, what administrative services are outsourced, safety- and accident-related services that are being outsourced, and what responsibilities today's fleet managers have in addition to fleet management.