Madison Capital Small Business Fleet Vehicles

Vehicle leasing has been our business for over 30 years. Whatever your company needs in order to "go" can be leased through Madison Capital. Our leasing plans enable you to acquire, upgrade or replace vehicles easily and economically.

Madison Capital manages your lease decision every step of the way. We find the lowest acquisition price and highest resale vehicles so you have lower payments than with traditional financing methods. We maximize end of lease values so you pay for only the portion of the vehicle's life (or value) used during the time of the lease. Madison Capital also manages any customization that needs to be done to your vehicle. This includes up fitting light duty trucks, coordinating multiple vendor vehicles, such as medium and heavy trucks, and providing consultation on tractors and trailers as well.

No fleet is too large or too small for our vehicle oriented programs. Our fleet management services allow you to acquire fuel and maintenance programs, which track and report statistics to help you manage vehicle operations and control costs.

Our consultants are trained to assist you in determining the proper transportation solution for your business.

Benefits of Vehicle Leasing

Vehicle leasing is a smart decision. We lease any type of vehicle you need for your business. Our leasing representatives have over 100 years of combined vehicle leasing experience and can effectively consult on and manage all your transportation needs. Whether you need one vehicle or an entire fleet Madison Capital is here to help. It is a great time to lease, so you may want to consider the advantages of leasing your next vehicle.

Advantages of Leasing

Improve cash flow

Tax benefits

Advantageous pricing and payment structure

Vehicle leases can take advantage of incentives and rebates

Lessor expertise in buying, selling and specification recommendations

Reduced administrative time and costs

Consolidated billing

No down payment needed

Vehicle Leasing Facts

Vehicle leasing comprises about 35% of the market for vehicles costing approximately $45,000 or less.

And 60% of the market for vehicles costing in excess of $45,000.

Leasing as a form of financing for business vehicles has been growing over the last 5 years.

Open-end leases enable the lessee to participate in the end of lease settlement. Sometimes the term TRAC lease is used, meaning the lease has a Terminal Rental Adjustment Clause.

With a closed-end lease, the lessee has no responsibility at lease end except for body damage, excess mileage or abusive wear and tear. This is also known as a “walk away” lease.

Closed-end leases offer off balance sheet financing

For a vehicle loan to have the same payment as a lease, a large down payment would be required.

Types of Leases

We offer two types of leases for vehicles:

Open End Lease

An open-end lease is a lease agreement in which the amount you owe at the end of the lease term is based on the difference between the residual value of the leased vehicle and it's realized value. Your lease agreement may provide for a refund of any excess if the realized value is greater than the residual value and vice versa.

Residual is set at lease inception

Lessee participates in gain or loss; it’s a financing arrangement

Residual is based on many factors including: mileage, specifications, location and current market

Lessee can be given the option to buy at lease end

No wear & tear fees

Closed End Lease

A closed-end lease does not contain a purchase or renewal option, thereby requiring the lessee to return the vehicle to the lessor at the end of the initial lease term. Also refers to a vehicle lease in which the lessor absorbs the entire risk of the residual.

You only pay for the portion of the vehicle you actually use

Mileage restrictions

Vehicle MUST be returned in good condition

Lessee bears no responsibility for residual value

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