Select One Inc. is a trucking company that supplies over-the-road refrigerated truckload carriers. Based in Channahon, IL, the company boasts of one of the best truck service responses in North America. Select One Inc. also offers lease-to-purchase trucking deals to interested clients.
The cost of owning new trucks is becoming increasingly expensive for middle-income households to afford. So, most people are increasingly opting for lease-to-own trucking. Lease to own trucking refers to a contractual agreement where the lessor or owner of the truck leases the truck to the lessee and gives them (the lessee) the option to purchase the truck upon the expiration of the lease agreement.
While the depreciation of purchasing a new truck might be on you, lease to buy trucking takes the burden of depreciation of the truck off the lessee and places it on the lessor.
Lease-to-purchase trucking also does not require a lot of capital investment. The immediate amount you expend in purchasing a new truck is substantially higher compared to lease-to-purchase trucking.
