Fair Market Value (FMV) Lease
SelectLease is a unique Fair Market Value (FMV) “walk away” used truck lease created just for fleet customers*. With this exclusive FMV lease, you can grow your fleet while minimizing the risk of ownership with no end of lease residual responsibilities (beyond return conditions and standard mileage allowances). With SelectLease there are no vehicles to sell or equipment ownership responsibilities to worry about at lease maturity.
The SelectLease FMV benefits add up right away:
- Low initial cash outlay
- Low monthly payments compared to conventional straight financing
- Short-term FMV leases are a smart alternative to short-term ownership
- Choose from multiple lease terms ranging from 24-36 month terms
- Like spec'd trucks with similar terms are readily available
- "Off-Balance Sheet" treatment may be available **
- Lease financed through Daimler Truck Financial, our preferred provider
If you haven't considered FMV leasing for your fleet before, look into the difference a SelectLease used truck lease can make for your operation.
For more information about FMV leases, talk to your SelecTrucks of Michigan representative.
* SelectLease is available to fleet customers operating 10 or more trucks or on lease transactions that will bring the total fleet size to 10 or more trucks.
** Please consult your tax or financial advisor for proper financial and tax reporting treatment.