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November 2007, Business Fleet - Feature

Open- Vs. Closed-End Leasing: Which Is Right for You?

By Chris Brown

Choosing between the two types of commercial leases involves understanding your fleet driving patterns, your internal fleet management capabilities and your appetite for risk.

Tags: closed leasing, lease, Leasing, open leasing , vehicle leasing

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ASK THE EXPERT

Have a question?

Ask our experts about your questions to receive advice on your most perplexing Leasing issues.

Robert Singer
Principal and a Senior Vice President
Merchants Automotive Group

Q: We own 100% of our vehicles. Our drivers put about 150K miles on every 36 months. Are there even leases out there that would make sense for us with our high mileage?

Q: It seems that an open-end lease benefits only the Lessor and not the Lessee, especially for government run fleets. So, is there any point where a government entity would select an open-end lease?

Q: What has more flexibility, open-end or closed-end leases?

Q: What is your assessment of the automotive market and industry right now?

Q: What sets Merchants Leasing apart from the competition?

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