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Ryder Offers ChoiceLease Flexible Truck Leasing, Maintenance Plan

May 24, 2016 By: Trucking News Staff Tags: Fleet Management, News
Ryder Offers ChoiceLease Flexible Truck Leasing, Maintenance Plan

Ryder System Inc., a leader in commercial fleet management, dedicated transportation, and supply chain solutions, has launched two new commercial vehicle lease products designed to offer customers the most flexibility, choice, and control in fleet management.

Until now, Ryder’s traditional Full Service Lease has offered only one option for maintenance. Now customers interested in leasing can choose from three different, flexible “Ryder ChoiceLease” maintenance options: Full Service, Preventive and On-Demand.

This scalable model enables customers to decide the terms of their lease alongside the level of maintenance they prefer, from total bumper-to-bumper coverage to pay-as-you-go maintenance, accessed only when and where they need it.

“Our Full Service Lease customers recognize the value that comes from our fully comprehensive leasing and maintenance offering,” said Ryder Chairman and CEO Robert Sanchez. “However, recent market research and conversations with private fleet owners and other prospects that are new to outsourcing have shown that there is strong interest in having options. The new Ryder ChoiceLease products provide agility and customization for businesses that want more control when it comes to their fleets. We’re listening to the marketplace, and offering customers the unique opportunity to do business with Ryder on their terms.

Ryder ChoiceLease Full Service is the company’s traditional full-service lease with all maintenance included. Ryder ChoiceLease Preventive allows customers to enjoy the financial benefits of a Ryder lease with preventive maintenance on new and used vehicles, enabling them to choose how and where to handle their other repairs or maintenance outside of preventive checks. Ryder ChoiceLease On-Demand provides customers with the financial benefits of leasing, combined with access to Ryder’s national maintenance network on a pay-as-you-go basis. The offering is only available on new and used trailers, as well as used power equipment.

A first in the transportation industry, the Ryder ChoiceLease is a breakthrough strategic advantage for businesses, helping to save time, control costs, and streamline fleet management. Ryder’s new product portfolio offers flexibility that no other leasing and maintenance provider can.