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Open End Leasing
The open end lease combines the flexibility of ownership with the cash flow and tax benefits of leasing. The lease contains a 12 month minimum term with the flexibility of month to month billing after the initial term. With no mileage restrictions and the lessee determining the depreciation rate, this lease allows you to replace vehicles based on mileage and need rather than on a predetermined lease term.
Program Vehicle Leasing
Russ Darrow Leasing offers the option of leasing program vehicles with mileages ranging from 5,000 to 20,000 miles. In the current vehicle marketplace where residual values are declining due to large manufacturer discounts and price reductions on new vehicles, program cars provide for a significant reduction in initial vehicle cost helping to minimize the impact of declining residual values. This will allow companies to reduce their lifecycle cost for their vehicle fleet.
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