How Rising Gas Prices Influence Fleet Leasing

Most recently, we have seen the effects of rising gas prices on our fleet leasing business. At Capital Lease Group, we are committed to helping our clients find the best possible solution for their needs. We understand that rising gas prices can be a challenge for businesses and we are here to help you navigate these challenges. Contact us today to learn more about our fleet management services in Boston, MA.

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Up close of vehicle

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Electric Vehicles are Favored

With gas prices on the rise, many businesses will look to hybrid and electric vehicles as more cost-effective options for fleet leasing. Electric vehicles are not only more environmentally friendly, but they can also save your business money in the long run. If you are considering making the switch to electric vehicles, our team at Capital Lease Group can help you find the right solution for your business.

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Van fleet

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Downsizing Fleet Size

Even though gas prices are on the rise, it doesn’t mean that you have to sacrifice your fleet size. Our team can help you find ways to reduce your fleet size without compromising your business needs. We understand that every business is different and we will work with you to create a custom solution that fits your specific situation. Our fleet management services are designed to help you save money and ensure the success of your business.

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Mercedes sedan

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Lease Length

Depending on the business’ needs, a longer lease length may be more beneficial than a shorter lease and vice versa. Rising gas prices may cause some businesses to reevaluate their lease length in order to save money on fuel costs. At Capital Lease Group, we offer both open-end and closed-end leasing options. We can work with you to determine the best fleet leasing option for your business needs.

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Volkswagen SUV

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Price Paid for The Lease

When gas prices are on the rise, this usually has a direct correlation with the amount of money that is required for the lease. Many companies will try to lock in a lower price by signing a longer lease. This way, they are not as susceptible to the changes in gas prices.

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When you’re in need of fleet leasing and fleet management services in Brockton, MA, be sure to contact Capital Lease Group. We offer an array of personalized services that can help the success of your business, no matter the size or scope of your operation. Get a quote today for your fleet!

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