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15
Sep

7 Reasons to Lease a Used Commercial Truck

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Many companies and self-employed people throughout Canada require commercial trucks in order to facilitate their businesses. Truck leasing has become a common if not preferred financing option due to the many benefits it provides, but perhaps what is most intriguing is that more and more of these leases are for used trucks rather than new vehicles. With that in mind, let us consider seven reasons to lease a pre-owned vehicle rather than one fresh off the line. Avoidance of Significant Depreciation Among the most daunting aspects of owning new commercial trucks is depreciation. Your new truck depreciates the moment you sign on the dotted line. A used truck, on the other hand, has already undergone that initial depreciation and is now just subject to the year-to-year devaluation. It’s worth mentioning that commercial truck leasing and vehicle leasing, in general, do account for depreciation to some degree but certainly not all…

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23
Sep

Discount Fuel Cards vs. Credit Cards – There is a clear winner!

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You’re company is paying too much for diesel if you are using a credit card instead of a discount fuel. Even if you use the credit card correctly and manage to pay the balance on time to avoid interest payments, you still end up paying too much for fuel. The posted cost of fuel that’s displayed on the big sign in front of the truck stop is a cash price only. The actual price you pay for diesel is much higher if paid for by credit card. You pay a premium price for credit card payments When he/she pulls into the truck stop, your driver may think that what he sees posted in big numbers is today’s price per gallon. He would be correct, but only if your company pays cash for the fuel. If you use a credit card, the price is higher! In the U.S. the difference can…

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