Right For Me?
Our leasing representative will help
you determine if leasing is right for you. For most companies or individuals, leasing a
vehicle or equipment offers two important advantages.
|Leasing Often Saves
|You or your company won't have to commit to a big
down payment on a depreciating asset. That frees your cash for appreciating investment
opportunities or business expansion. Leasing also leaves your credit line at the bank
undisturbed. And, since Costello is a fleet purchaser, you and your company benefit
from the savings Costello's buying power creates.
|Leasing Always Saves
|Leasing is convenient - in so many ways.
First, our nationwide network puts up-to-the-minute information on new cars
and trucks at your fingertips.
Costello is an independent company, so we don't
promote one manufacturer over another. The judgement we share are objective, because
Costello puts your needs first.
Second, forget about long lines and red tape .
Costello handles sales tax, licensing, registration, and inspection. Costello can also
arrange payment of personal property tax.
|Which Lease Is Best?
|Costello takes pride in customizing leases to meet
individual needs. You select the type of lease that best fits your situation. You set the
length of the agreement. We handle the details so you drive care-free.
|The Open End Lease
|This agreement means you accept financial
responsibility for the car or truck you lease - without needing to make a big down
At the end of the
lease you have these options:
- Buy the vehicle at a contractually pre-determined
- Re-lease the vehicle at a reduced rate.
- Sell the vehicle yourself.
- Have Costello sell the vehicle for you.
If the vehicle sells for more than the contractual
price, you pocket the difference. If the vehicle sells for less, an adjustment is made
when the lease ends.
|The Closed End Lease
|This agreement is similar to an open end lease,
except that when the lease expires, Costello is responsible for the disposal of the car or
truck. A closed end lease also carries a mileage limitation. If the vehicle is returned
damaged, you'll be charged for necessary repairs.
A closed end lease is attractive because:
- Your transportation cost is fixed for term of the
- Price fluctuations in the used vehicle market have no
impact on your agreement.