Leasing Can Save You Money

Penske's unique size and scope mean we can do more for less. Penske has:

  • Bulk purchasing power to source the best parts at the best prices
  • A nationwide network of service locations that attract the best technicians and provides wide service coverage
  • Sizable, ongoing investment in the latest technology for our shops
  • A dedicated, well-trained service staff at your disposal

Eliminate the Hidden Costs of Ownership

Fleet ownership comes with the expenses of overhead, towing, taxes, washing, acquiring substitute vehicles, registration and other hard costs.

New and ever-changing technology adds to those costs. Fleets have to deal with new engine designs, new emissions standards and new reporting requirements. With leasing, you don't have to worry about keeping up with the latest technology, because we do it for you.

Leasing can reduce maintenance and repair expenses. The longer you own a truck, the higher your cost for maintenance and repairs will be, but a full-service lease with predictable monthly payments will cover these costs.

Fleet ownership also includes the indirect expense associated with compliance issues, time lost to breakdowns, driver training and replacing drivers who leave to work for firms with newer equipment. A lease from Penske can relieve you of these expenses and the hassles that accompany them.

Free Up Capital and Keep Costs Predictable

Full-service leasing with Penske allows for a lower upfront capital investment and consistent monthly payments, and customers enjoy the credit flexibility that our long-term lease provides. When you consider the cost of leasing a truck, consider the benefits of full-service leasing with Penske:

  • No down payment
  • Single monthly lease payment includes maintenance and upkeep costs
  • Bank credit conserved for other uses
  • No residual risk at the end of the lease because Penske handles vehicle disposal
  • Funds available for investment in other appreciating and revenue-producing assets
  • Fixed monthly payment enables accurate budgeting and forecasting