The lender and type of loan you use to purchase your truck will also play a role in your total costs. Here’s a look at the current interest rates across different semi-truck loans and lenders below.Commercial truck loan rates by type...
It may also be prudent to quickly discuss buying a car vs.leasingit. Monthly lease payments may be lower than monthly car payments, since the former is based on how much the car will depreciate during your lease rather than the full purchase price. However, you may also be subject to add...
Purchase the vehicle. The “lease buy-out” price is determined upfront in the lease contract. “The typical selling point on a closed-end lease is predictability, level lease payments, and no surprises at the end,” said Steve Jastrow, strategic consulting manager, GE Capital Fleet Services,...
The term ‘TEU’ or ‘Twenty-foot Equivalent Unit’ is first and foremost used to describe a 20ft shipping container. Over time, this has become a standard unit of measurement for cargo capacity in the logistics industry. TEU containers allow cargo to be moved between various modes of ...
How much is a bobtail truck? A new LPG bobtail truck will costbetween $150,000 and $250,000. Additional options or larger capacity propane tanks will increase the price of the truck that you purchase. Used LPG bobtail trucks can be found for much less, in the neighborhood of $30,000 ...
So what is a Vehicle as a Service? Is it a lease? Is it a purchase bundle? It's the first question I put to George Fotopoulos, Mack Trucks.
To Our Valued Clients and Exceptional Customers Due to the substantial increase in lease and yard costs (50%) along with equipment and labor expenses. Price Transfer has found it necessary to increase our Container Yard handling rates. We have made every attempt to avoid any more increases, but...
What are the risks and benefits of a business choosing to purchase a capital lease? What will be the DIFFERENCE in the effects on the national well-being if, instead of imposing a tariff of $50 per unit, the government provides a subsidy of $50 per u...
Whatever you choose to purchase, it’s always a good idea to get multiple auto insurance quotes. In some cases, you may even be able to purchase an online insurance policy for commercial vehicles, based on comparing quotes. Although it may seem like a better idea to buy the cheapest commer...
Inventory accounting is the tracking and accounting for changes in the value of inventory over time as it relates to manufacturing and costs of goods sold. It aims to help properly value your assets or goods sold and budget for the inventory you need to purchase in the future. That way, ...