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Fleet FAQ

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Fleet FAQ? Fleet Management & Leasing

Q. What is an "ideal" lease payment?

A. An ideal lease payment for a business isn’t always the lowest one available. It’s important for businesses to think long term about the value of the vehicle. Ultimately, the right lease payment strikes a balance so that you are only financing the amount of the asset you are using. One analogy is that determining the right lease payment is like calculating your withholding from your income taxes. You don’t necessarily want a large refund because that means you could have had more cash flow, but you don’t want to end up owing a large amount either.

Expert Bio

Answered by : Tom Coffey

Vice President

With over 30 years of experience Tom is an expert in both the fleet and equipment leasing industry. As a member of senior leadership he provides not only vision for the company, but also helps delivers best-in-class results across all operating areas. Tom is also instrumental in helping to elevate and advance the Merchant Fleet Management brand.

With over 30 years of experience Tom is an expert in both the fleet and equipment leasing industry. As a member of senior leadership he provides not only vision for the company, but also helps delivers best-in-class results across all operating areas. Tom is also instrumental in helping to elevate and advance the Merchant Fleet Management brand.

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Fleet FAQ? Fleet Management & Leasing, Questions?

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