Executive Briefings

Ryder Unveils New Commercial Vehicle-Lease Options

Ryder System, Inc. has launched two new commercial vehicle-lease products.

Ryder Unveils New Commercial Vehicle-Lease Options

Up to now, the company’s traditional Full Service Lease offered just one option for maintenance. Now, customers interested in leasing can chose from three RyderChoiceLease maintenance options: Full Service, Preventive and On-Demand. According to Ryder, the scalable model enables customers to decide the terms of their leases alongside their preferred level of maintenance, from bumper-to-bumper coverage to pay-as-you-go maintenance. The new products help to address barriers that have prevented private fleets from outsourcing their transportation functions, Ryder said. It is also offering multiple financing options, to help businesses take advantage of associated tax benefits.

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Up to now, the company’s traditional Full Service Lease offered just one option for maintenance. Now, customers interested in leasing can chose from three RyderChoiceLease maintenance options: Full Service, Preventive and On-Demand. According to Ryder, the scalable model enables customers to decide the terms of their leases alongside their preferred level of maintenance, from bumper-to-bumper coverage to pay-as-you-go maintenance. The new products help to address barriers that have prevented private fleets from outsourcing their transportation functions, Ryder said. It is also offering multiple financing options, to help businesses take advantage of associated tax benefits.

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Ryder Unveils New Commercial Vehicle-Lease Options