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Client Login Buy Used Trucks SAFETY FIRST About About Leading innovator in truck fleet leasing, business analytics, and lifecycle cost management What We Do Provide support throughout entire fleet lifecycle Why Fleet Advantage Tailored solutions specific to your fleet Leadership Team Veteran finance professionals who know trucks Awards Recognitions for industry leadership and growth Community Outreach Committed to giving back, bringing hope and lasting change Solutions Solutions Turnkey asset management solution that reduces cost and maximizes productivity By Service Fleet Analysis & Modernization Opportunities to improve productivity and reduce cost Truck Specification & Design Specs that achieve best productivity and value Flexible Leasing & Administration Most competitive leasing solutions in the market Truck Performance Monitoring Delivering most cost effective, safe, and reliable fleet Truck Data Analytics Aggregate and monitor all TCO metrics Used Truck Sales Dedicated division to sell used trucks By Product ATLAAS Actionable data to manage your fleet EXchangeIT ® Risk free, flexible short-term leasing Sale-Leaseback Program Gain flexibility and access to immediate cash Safety First Program Falling behind fleet safety is an accident ESG Program Pioneering Focus on ESG and Certification for SEC Filings Client Success Client Success Meeting customer needs is our number one priority Testimonials What our customers say Resources Resources Latest insight and stories regarding fleet management to power your fleet and business News Latest media featuring Fleet Advantage experts Press Releases Latest company information and announcements Blog Useful insight and information for your business Videos Videos of featuring news, demos, and spotlights Contact Contact Us Reach out if you have any questions Contact Have questions? Ask away! Truck Fleet Asset Management Truck Fleet Technology Truck Fleet Leasing Used Truck Sales Strategic Transportation Fleet Solutions Fleet Advantage provides flexible leasing and truck lifecycle management solutions that reduce cost and improve productivity. Utilizing our truck fleet services and data analytics, we keep fleets running at maximum efficiency. Learn More Contact Us Fleet Analysis & Modernization Truck Specification & Design Flexible Leasing & Administration Truck Performance Monitoring Truck Data Analytics Used Truck Sales Leasing Benefits Companies look to leasing to preserve cash by using 100% Financing. However, there are numerous other benefits that provide significant advantages: Cost savings Tax benefits Flexibility to adapt to changing markets Convenience Customizable lease terms Constant equipment upgrades Improved cash-flow Financial Reporting - New Accounting Rules Still Favor Leasing Over Debt Constant technology updates Avoiding residual values risks Avoiding used truck sale expenses Avoiding Obsolescence Accelerated ROI Bundling of hardware, software and services Extended payment options Replacement of equipment prior to lease expiration Lease or Purchase It is evident by the cash flow in this lease vs purchase analysis that there is an after-tax advantage to lease a tractor. The example presented is for a model year 2025 Daycab on a 5-year term costing $132,870. The model assumes 60% bonus depreciation, a resale value of 24% at the end of 5 years, a state sales tax of 6%, a 21% federal tax rate, a lease rate factor of 1.541%, and a discount rate of 6.5%. The discount rate is a function of the current market forces. The total cost associated with purchasing an asset includes the upfront cost of the equipment, depreciation expense, tax expense, and the resale of the asset at the end of its useful life resulting in a net present value of $95,321. The total cash outflow associated with leasing an asset are the fixed annual costs in the form of lease payments including state sales tax resulting in a net present value of $85,523. Lease is favored by $9,798. Get Your Assessment Now Testimonials "Through their comprehensive fleet analytics, Fleet Advantage delivered an innovative modernization plan to manage our truck lifecycles and utilization. Their commitment to perform continuous fleet monitoring and analysis is one of the leading reasons we chose Fleet Advantage. They proved to be a strong partner early on, as they remarketed our previously owned trucks in a timely fashion, which enhanced the value of the equipment." David Myers | Senior Vice President of Operations | The SYGMA Network ©2024 Fleet Advantage, LLC | Phil 2:3-4 Don’t do anything for selfish purposes, but with humility think of others as better than yourselves. Instead of each person watching out for their own good, watch out for what is better for others. Philippians 2:3-4 engineered...