Bus Leasing Tips - when is Leasing or Renting the right answer for your transportation needs?
October, 01 2021
If you or your organization need a bus, short-term or longer-term, it may be a bit daunting to consider purchasing a bus. Depending on your transportation needs, a lease or rental bus could be the best solution. Avoiding key aspects of vehicle ownership from sales tax and registration fees to insurance and long term maintenance, leasing can be a win-win option. Today, nearly one third of vehicles on the road are leased and not purchased.
The decision to lease or buy depends largely on the purpose and transportation needs. There are a number of reasons to justify leasing as a better option than purchasing a vehicle. It is a viable option for companies not ready to expand their current fleet, since it saves them time and money. There are some companies that need vehicles seasonally and buying a new one seems like a bad deal, whereas bus leasing sounds like a wiser alternative.
