Leasing of trucks: What is observed?

Author: Dominik Buehring, a member of Miebach Management in Frankfurt.
Leasing of lifttrucks: What is observed?

1. Check the efficiency of
Ahead there is a need verification that leasing is the most economically sound alternative. There should be a comparison of debt or purchase (considering dealer discounts) to make a decision on a sound footing (Total Cost of Ownership).

2. Structuring the lease on the application
For seasonal peaks provides the Operating Lease (short duration,
economic risk and property maintenance lessor)
at. Finance leasing contrast (long term, property risk and repair the lessee) is suitable for medium to long term
Needs.


3.Beschreibung of the leasing object in the contract
Important is the precise description of the truck, the range of use
and the technical specification of the device leasenden
(eg, lifting height, load and therefore needs to Bodenbelastungund
Flatness, capacity, battery capacity, attachments, etc.).


4. Type of contract (full-vs. Part amortization)
In a Vollamortisationsvertrag at all cost, manufacture,
Interest and administrative costs covered by the lease rate.
With the partial amortization of contract however is not a complete
Cover the costs rather than (merely fuse with
contractually guaranteed residual value).

5.Vertragslaufzeit / Contract Expires
At the conclusion of a lease, make sure that
stated in the contract term of the lease fits your needs.
Furthermore, options for continued use over the lease term should
out (yet another lease, purchase price) are recorded.

6.Höhe the monthly lease payment
There is evaluate whether the established rates of financial leasing
Position (liquidity) of the company fits. A leasing contract is in
Generally non-redeemable, and therefore the lease rate over the contract period
across one block of fixed costs dar.

7.Instandhaltung and from costs incurred in
In the contract, all relevant service and maintenance contracts should
(including regular review of operational safety) and costs related to the leasing rate will be considered, so the contract corresponding to a full service contract.

8.Festlegen the mileage (operating hours / year) and
Availability of the device
The temporal use of the device and the case hardness) have influence on the amount specified in lease payments (in the contract. Furthermore, an availability of the device should be established, which is guaranteed by the lessor (eg service response within 12 hours,
Replacement equipment).

9. Machine/Attachments
It is important to fixed in the contract of supply. In particular,
next to the device should be a focus on the required additional equipment, such as used batteries and chargers.

10. Insurance
Insurance e.g. against machine failure should generally be included in the lease rate. This, however, clarified individually,
because the insurance benefits vary from provider to provider
, and also the amount of the deductible is not always identical.

11. Transport Costs
It should be clarified in advance how far transportation costs,
by the deliver or transport away of the leased asset
incurred have been included in the lease rate.

12. Installation
Installation and commissioning should be by the lessor
. done The resulting costs must be contractually fixed.

13. Instrcution
Also by the lessor should have a briefing and
Training will be conducted of the personnel responsible for the device.
Volume and cost of training is contracted to hold.

14. terms of usage
Create a list. In this clarifies if only their own staff may use the trucks, the change in use Field with customers / service providers is allowed, or external truck driver have a right of use.

15. Residual value
Depending on the contract, a final rate / purchase or Mietverlängerungsoption is listed. The respective amounts should be fixed and be known. For sale by the lessor is on teilamortisierten  Contracts for participation by the lessee for excess or Deficiency in common.

16.Verwendung under contract
An important issue is the possible extension of contract periods.
When the device is still needed, it is helpful to
in the contract in advance rates for the use of the proposed
Have defined period beyond.

17.Kündigungsmöglichkeiten / Amendments
It should be fixed, under what circumstances the contract
prematurely terminated, and the costs associated with it.
It is also important to extent the contract in case of change of
Requirements of the lessee is changed if it a
Device replacement is necessary.

18.Denunciation
After the expiry of the lease period if the device is disposed
or destroyed. The costs here are either by the
Lease rate, or should be covered separately in the contract.
Also a waste of peripherals such as batteries is regulated.

19. Leasterms
The lease period shall in accordance with German decrees between
40% and 90% of the depreciation period, which i.d.R. 8 years is lying.

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