Lane Powell, the chief operations officer of Peterbilt Truck Parts and Equipment and Silver State International, explains the difference between leasing vs. owning a fleet of any kind in NNBW’s Smart Money section. It’s a critical decision many business owners and fleet managers face.
This choice impacts everything from upfront costs to long-term financial stability and operational flexibility. While both leasing and owning offer unique advantages, the decision depends on a variety of factors including business size, budget and long-term goals.
See full article here.