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TRAC Lease

It is the most important key performance indicator (KPI) your management looks for: cost savings. There are a number of ways to measure them. But, it's also important to develop

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Establishing Amortization Rates by Vehicle Class

The open-end, TRAC lease allows fleet managers a great deal of flexibility in managing depreciation. One manifestation of that flexibility is allowing fleet managers to amortize vehicles based on vehicle class and usage.

How to Calculate the Best Amortization Rate

Choosing the right amortization rate for leased fleet vehicles will have a positive impact on your cash flow; however, some fleet managers choose to stick with the “standard” rate, which can result in a roller coaster ride.

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?

How To Negotiate A Fleet Management Agreement

With the extensive menu of leasing and fleet management services available, fleet management agreements can be confusing. It is important to understand what to look for and what negotiable issues are.