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Fleet Financials - November/December 2005

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In this Issue

Océ Buck Conventional Wisdom and Moves to Closed-End Leases
That large fleets should use open-end TRAC leases to finance their vehicles is a long-accepted axiom. Océ Jack Needham, in light of new international accounting standards, thought differently.

Lifecycle Costing or Incentive Monies?
In the search for the most cost-effective means of vehicle selection, fleet managers have several options. One is to compare lifecycle costs. Another is to minimize acquisition costs. Both have benefits and drawbacks

Don’t Be Negligent When Entrusting Drivers with Company Vehicles
Negligent entrustment issues, such as assigning a company vehicle to an employee with a poor driving record or assigning to an employee a subpar vehicle, may come back to haunt you.
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Reprinted Article: The Advantages of Municipal Leasing
Preserve cash, stretch dollars, and remain flexible by leasing fleet vehicles. One leasing plan to finance vehicles at favorable tax-exempt interest rates is offered to municipalities by GMAC...
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