A Finance Lease enables the customer to have the use of their asset and the benefits of ownership, while the financier retains actual ownership of the asset.
How It Works
The financier purchases the asset on behalf of the customer, who then pays the financier a fixed monthly lease rental for the term of the lease.
At the end of the lease the customer can either pay a residual on the lease and take ownership of the truck, sell the truck or re-finance the residual and continue the lease.
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