Dump Truck Leasing

Written by Jill Morrison

Dump truck leasing is a great alternative to purchasing a dump truck. With leasing, you will have the option to test out a dump truck model before purchasing it. Leasing is also a good idea if you only need a truck for one project and have no need for it after the project is completed. Leasing is just like renting because you will have to pay for use of a truck over a certain amount of time.


Dump Truck Leasing Capabilities

Dump truck leases usually last between 36 and 60 months. Most of the time, you can choose to purchase the truck after the lease period is over if you are satisfied with its performance. This price will be predetermined in the lease contract before you obtain the vehicle. When obtaining a lease, it is important to negotiate this final price in advance so you can get the best possible deal if you choose to purchase the vehicle.

The final sale price of a leased truck, or the capitalized cost, is important for other reasons besides getting a good deal on purchasing the truck. When capitalized costs are low, the residual value of the truck is also low. Therefore, by negotiating the final sale price in dump truck leasing, you can save up to 30 percent on your monthly lease payment.

Dump truck leasing is a great idea for short-term construction projects. By leasing a dump truck, you can improve productivity and the bottom line on job sites. Dump trucks are durable and versatile because they can be used in a variety of terrains and weather conditions. Dump trucks can also carry up to 40 tons of materials at one time. By leasing dump trucks, you can choose different truck models that would be appropriate for each project you take on.


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