OFFERING OPTIONS THAT SUIT YOUR NEEDS

SOUTHGATE LEASE SERVICES

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Contact the team at Southgate Lease Services at 866-727-2940

CONSIDER YOUR OPTIONS

BUYING VS. LEASING

Should you lease or purchase your vehicles and business equipment? We address this question frequently and there are several factors, both financial and non-financial, to consider when making a decision. Most companies choose to lease their fleet of vehicles because of the financial and administrative advantages over purchasing. Southgate Lease Services offers an extensive range of programs and services suitable for businesses interested in improving cash flow and meeting their transportation needs.

PURCHASE LEASE
Entire cost of the vehicle is paid or financed upfront No down payment is required, preserving company capital and credit lines
Sales tax is collected on the full purchase price Sales tax is minimized and based on a monthly lease payment
Loss of volume purchasing power resulting in higher acquisition cost Lower acquisition cost through commercial incentives and rebates
Significant time wasted in shopping and negotiating price Single source for any vehicle make or model with pre-established pricing
Personnel required for ongoing administrative operations Administrative tasks performed by experienced lease professionals
Remarketing is time-consuming and costly due to lack of market expertise Hassle-free remarketing with benchmarked sales results maximizing return
Vehicles listed on balance sheet and depreciated on income statement Operating lease payments are expensed thus reducing tax liability

FIND SOLUTIONS THAT DRIVE YOUR BUSINESS TO SUCCEED

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