What is Lease-to-Buy?
Lease-to-buy, also referred to as lease-to-own, is a financing option whereby you lease a truck or a trailer for a fixed period of time and are given the option to purchase it at the end of the term. This option combines the advantages of leasing, such as lower initial costs, with the long-term benefit of ownership.
Low Initial Investment
Unlike outright purchases, lease-to-buy programs require minimal upfront payments. This helps preserve your working capital for other essential business expenses.
Predictable Monthly Payments
Enjoy fixed, affordable payments that make budgeting for your business simpler and more predictable.
Path to Ownership
With a lease-to-buy agreement, you’re working toward owning your truck or trailer, building equity with every payment.
Tax Benefits
Depending on your location, lease payments may be tax-deductible, offering significant savings for your business. To maximize the potential tax benefits of a lease-to-buy agreement, consult with a qualified tax advisor.
Flexibility to Upgrade
Leasing gives you the power to have the latest trucking equipment with a purchase option. So, this is especially great for upgrading your fleet as your business grows without being stuck with the old models.
Another key advantage of leasing from Super Ego is our In-House Financing! This means you won’t have to deal with banks, and your credit score won’t be affected.