THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
Search Close Menu

Encyclopedia

Browse

or

Finance Lease

In general, a lease that provides only funding for the leased vehicle, with the lessee bearing most or all of the risks of ownership, most notably depreciation. 

The term is used generically and, depending on specifics relative to a particular contract and the particular accounting and taxation rules of a given country, a finance lease may or may not be subject to off balance sheet treatment and the lessee may or may not be treated as the owner relative to the country's tax benefits and liabilities. 

This gives rise to some confusion, since, for example, in the U. S., a finance lease (when the term is used generically) could be either a Capital Lease or an Operating Lease (since these latter terms have particular defining characteristics as determined and communicated by the accounting profession).

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Fleet FAQ

Director of Product Marketing, Verizon Connect

Todd Ewing from Verizon Connect

Director of Product Marketing, Verizon Connect

http://www.fleetmatics.com/
Chief Operating Officer

Jack Firriolo

Chief Operating Officer

http://www.merchantsfleetmanagement.com/
Senior Vice President and General Manager

Bernie Kanavagh from WEX

Senior Vice President and General Manager

https://www.wexinc.com
Executive Vice President of eDriving

Ed Dubens

Executive Vice President of eDriving

https://www.edriving.com/fleet/products-and-services/