Fleet leasing with the arithmetic on the page
Vans, pickups and box trucks for Dallas Fort Worth trade fleets. Every quote shows the residual percentage, the money factor and the mileage band, because those three numbers are the payment.
Quotes sheeted within one business day. No security deposit on approved commercial credit. Sample figures throughout, subject to credit approval.
Half ton cargo van, 148 inch wheelbase
$584/mo
36 months, 15,000 miles, 54% residual, money factor 0.00175. Sample, before tax.
A named manager on every account of four vehicles or more, with a direct line.
What is on this page
- Fleet classes11 units, 6 body types, residual on every one
- Mileage band comparator5 bands x 4 terms, with the break-even mileage
- Residual and depreciation10 classes, 4 terms, normalised to one $50,000 unit
- Money factor to APRLive: factor x 2400, and the rent charge it produces
- Turn in standards6 areas, measured thresholds, sample charges
- Upfit bay, day 0 to day 3Drag to compare a bare bay with a finished one
- Running the fleetPortal reporting and a named account manager
- The yardWhere delivery, upfit and turn in all happen
- CredentialsLicence, memberships and what we publish
- Service areas8 areas across Dallas Fort Worth
- Everything on this siteThe full index, then the monthly brief
Fleet classes
Eleven sample units across six body types. Each one carries its own residual curve, its own excess mileage rate and its own advice about term length.
Half ton cargo van
Five seat crew van
Half ton crew cab pickup
16 foot box truck11sample units on the grid
- Vans, pickups, box trucks, chassis cabs
- Sedans and SUVs for supervisors
- One electric van, quoted short and conservative
Specified by tradeWhat the mileage band actually costs
Buying the band your routes support is the cheapest decision on the sheet, and the one most fleets get wrong. Switch the term to see how the residual moves with it.
12,000
miles a year
$650/mo
- Residual
- 64%
- Residual value
- $27,392
- Total of payments
- $15,595
The base band. Anything above it is charged at 18 cents a mile when you hand the unit back.
Most fleets
15,000
miles a year
$684/mo
- Residual
- 62%
- Residual value
- $26,536
- Total of payments
- $16,415
Costs $820 more than the band below over 24 months. Worth it once you drive 4,556 extra miles across the term.
20,000
miles a year
$735/mo
- Residual
- 59%
- Residual value
- $25,252
- Total of payments
- $17,645
Costs $1,230 more than the band below over 24 months. Worth it once you drive 6,833 extra miles across the term.
25,000
miles a year
$786/mo
- Residual
- 56%
- Residual value
- $23,968
- Total of payments
- $18,875
Costs $1,230 more than the band below over 24 months. Worth it once you drive 6,835 extra miles across the term.
30,000
miles a year
$838/mo
- Residual
- 53%
- Residual value
- $22,684
- Total of payments
- $20,105
Costs $1,230 more than the band below over 24 months. Worth it once you drive 6,833 extra miles across the term.
12,000
miles a year
$562/mo
- Residual
- 56%
- Residual value
- $23,968
- Total of payments
- $20,222
The base band. Anything above it is charged at 18 cents a mile when you hand the unit back.
Most fleets
15,000
miles a year
$584/mo
- Residual
- 54%
- Residual value
- $23,112
- Total of payments
- $21,024
Costs $802 more than the band below over 36 months. Worth it once you drive 4,456 extra miles across the term.
20,000
miles a year
$617/mo
- Residual
- 51%
- Residual value
- $21,828
- Total of payments
- $22,226
Costs $1,203 more than the band below over 36 months. Worth it once you drive 6,682 extra miles across the term.
25,000
miles a year
$651/mo
- Residual
- 48%
- Residual value
- $20,544
- Total of payments
- $23,430
Costs $1,203 more than the band below over 36 months. Worth it once you drive 6,684 extra miles across the term.
30,000
miles a year
$684/mo
- Residual
- 45%
- Residual value
- $19,260
- Total of payments
- $24,633
Costs $1,203 more than the band below over 36 months. Worth it once you drive 6,686 extra miles across the term.
12,000
miles a year
$515/mo
- Residual
- 48%
- Residual value
- $20,544
- Total of payments
- $24,704
The base band. Anything above it is charged at 18 cents a mile when you hand the unit back.
Most fleets
15,000
miles a year
$531/mo
- Residual
- 46%
- Residual value
- $19,688
- Total of payments
- $25,488
Costs $784 more than the band below over 48 months. Worth it once you drive 4,357 extra miles across the term.
20,000
miles a year
$556/mo
- Residual
- 43%
- Residual value
- $18,404
- Total of payments
- $26,664
Costs $1,176 more than the band below over 48 months. Worth it once you drive 6,533 extra miles across the term.
25,000
miles a year
$580/mo
- Residual
- 40%
- Residual value
- $17,120
- Total of payments
- $27,840
Costs $1,176 more than the band below over 48 months. Worth it once you drive 6,533 extra miles across the term.
30,000
miles a year
$605/mo
- Residual
- 37%
- Residual value
- $15,836
- Total of payments
- $29,017
Costs $1,176 more than the band below over 48 months. Worth it once you drive 6,536 extra miles across the term.
12,000
miles a year
$478/mo
- Residual
- 41%
- Residual value
- $17,548
- Total of payments
- $28,660
The base band. Anything above it is charged at 18 cents a mile when you hand the unit back.
Most fleets
15,000
miles a year
$490/mo
- Residual
- 39%
- Residual value
- $16,692
- Total of payments
- $29,426
Costs $766 more than the band below over 60 months. Worth it once you drive 4,257 extra miles across the term.
20,000
miles a year
$510/mo
- Residual
- 36%
- Residual value
- $15,408
- Total of payments
- $30,576
Costs $1,150 more than the band below over 60 months. Worth it once you drive 6,387 extra miles across the term.
25,000
miles a year
$529/mo
- Residual
- 33%
- Residual value
- $14,124
- Total of payments
- $31,725
Costs $1,149 more than the band below over 60 months. Worth it once you drive 6,383 extra miles across the term.
30,000
miles a year
$548/mo
- Residual
- 30%
- Residual value
- $12,840
- Total of payments
- $32,874
Costs $1,149 more than the band below over 60 months. Worth it once you drive 6,383 extra miles across the term.
Residual value and depreciation by term
The residual is what the lessor expects the unit to be worth when you hand it back. Everything above it is depreciation, and depreciation is the larger half of your payment.
| Vehicle class | 24 months | 36 months | 48 months | 60 months | Excess mile |
|---|---|---|---|---|---|
| Half ton cargo van | 62%$31,000$792/mo dep | 54%$27,000$639/mo dep | 46%$23,000$563/mo dep | 39%$19,500$508/mo dep | 18¢ |
| Crew van, five seat | 60%$30,000$833/mo dep | 52%$26,000$667/mo dep | 44%$22,000$583/mo dep | 37%$18,500$525/mo dep | 18¢ |
| Half ton pickup | 66%$33,000$708/mo dep | 58%$29,000$583/mo dep | 50%$25,000$521/mo dep | 43%$21,500$475/mo dep | 20¢ |
| Three quarter ton pickup | 64%$32,000$750/mo dep | 56%$28,000$611/mo dep | 48%$24,000$542/mo dep | 41%$20,500$492/mo dep | 22¢ |
| Box truck, 16 foot | 55%$27,500$938/mo dep | 47%$23,500$736/mo dep | 39%$19,500$635/mo dep | 32%$16,000$567/mo dep | 24¢ |
| Fleet sedan | 59%$29,500$854/mo dep | 51%$25,500$681/mo dep | 43%$21,500$594/mo dep | 36%$18,000$533/mo dep | 16¢ |
| Mid size SUV | 63%$31,500$771/mo dep | 55%$27,500$625/mo dep | 47%$23,500$552/mo dep | 40%$20,000$500/mo dep | 18¢ |
| Electric cargo van | 57%$28,500$896/mo dep | 49%$24,500$708/mo dep | 41%$20,500$615/mo dep | 34%$17,000$550/mo dep | 16¢ |
| Refrigerated van | 53%$26,500$979/mo dep | 45%$22,500$764/mo dep | 37%$18,500$656/mo dep | 30%$15,000$583/mo dep | 24¢ |
| Chassis cab, flatbed | 58%$29,000$875/mo dep | 50%$25,000$694/mo dep | 42%$21,000$604/mo dep | 35%$17,500$542/mo dep | 22¢ |
Scroll the table sideways on a narrow screen. Percentages are of MSRP at the 15,000 mile band. Dollar figures normalise every class to a single $50,000 unit so they can be compared directly. All figures are samples.
Reading a residual row
Take the half ton pickup at 24 months: 66 percent residual means a $50,000 truck is worth $33,000 to the lessor at turn in, so you are financing $17,000 of depreciation over 24 months, which is $708 a month before the rent charge. The same truck at 60 months residualises at 43 percent, so you finance $28,500, which is only $475 a month. Longer looks cheaper per month and costs more in total, and by month 48 you are also paying for the maintenance curve.
Why the classes differ
- Half ton cargo van. Highest resale of the van classes in Texas, so the depreciation charge stays low even at 20,000 miles a year.
- Crew van, five seat. The second row and glass cost about two residual points against a plain cargo body.
- Half ton pickup. Strongest residual on the lot. A 24 month half ton holds two thirds of MSRP on our sample grid.
- Three quarter ton pickup. Heavier duty, heavier use. Residual holds well but the excess mile rate is higher.
- Box truck, 16 foot. Body-on-chassis units depreciate on the box as well as the cab, so terms past 48 months rarely pay.
Money factor, converted
A money factor is an interest rate in disguise. Multiply it by 2400 and the disguise comes off. Drag the slider and watch the rent charge move with it.
Drag to see what a lessor's factor really costs. Reference unit: Half ton cargo van, 148 inch wheelbase, 36 months,54% residual.
Turn in standards, published
Six areas, each with a measured threshold and the sample charge that applies past it. A pre-inspection at 90 days out means none of this arrives as a surprise.
No charge
- Dents and dings up to 2 in in diameter, to a maximum of four on any single panel
- Stone chips on the leading edges that have not broken through to primer
- Scratches under 4 in that polish out and do not expose primer or bare metal
Chargeable
- Any dent over 2 in across, or a fifth dent on the same panel
- Creased or kinked metal, regardless of size
- Scratches through to primer or bare metal, or any rust bloom
Sample charge $150 per panel for paintless dent repair, $340 per panel for refinish
Paintless dent repair at your own body shop is almost always cheaper than our schedule. That is the whole point of the 90 day pre-inspection.
No charge
- Chips smaller than 1/4 in that sit outside the swept driver sightline
- Light sandblasting on the leading edge of the windshield
- Wiper haze that does not distort vision
Chargeable
- Any crack of any length, in any position
- Chips inside the swept driver sightline, whatever the size
- Cracked, missing or taped mirror housings and glass
Sample charge $450 windshield replacement, $185 per mirror assembly
A resin chip repair inside the first week costs about $95 and closes the item. A chip left to spread becomes a $450 windshield.
No charge
- Tread depth of 4/32 in or more across all positions, measured in the centre groove
- Matching size, load rating and speed rating on each axle
- Kerbing on the wheel rim under 1 in in length
Chargeable
- Any tyre under 4/32 in, or uneven wear indicating alignment neglect
- Mismatched sizes or load ratings on an axle, or a temporary spare fitted
- Bent, cracked or heavily kerbed rims, and any missing wheel cover
Sample charge $185 per tyre, $240 per wheel
Buy tyres yourself in the last quarter of the term. A set of four at a local commercial dealer runs well under our replacement schedule.
No charge
- Wear shine on seat bolsters and the driver side floor mat
- Scuffing on the load floor and the lower side liner
- Tears, burns and stains smaller than 1 in that a valet lifts
Chargeable
- Any tear, burn or stain over 1 in on a seat, headliner or door card
- Missing or broken trim, load restraints, cargo hooks or floor sections
- Odour that survives a professional valet, including smoke and chemical spills
Sample charge $225 per seat panel, $410 per headliner, $190 deep valet
Hose-out floors and vinyl seating in crew vans are worth the spec upgrade if your crews carry sealant, dye or produce.
No charge
- Wraps and decals that we fitted, removed by us at turn in at no charge
- Magnetic door panels, removed and the paint washed
- Cast vinyl that lifts cleanly with no ghosting
Chargeable
- Adhesive residue or ghosting from a third party wrap or decal set
- Calendered film that has bonded to the paint and requires heat and solvent
- Paint lifted or lacquer clouded during a removal you arranged
Sample charge $145 per vehicle for residue removal, refinish charged separately if the paint is lifted
Insist on cast vinyl with a laminate. Calendered film is cheaper on the invoice and more expensive at turn in, every time.
No charge
- Bolt-through mounts with sealing washers, as fitted by our upfit bay
- Factory roof and floor mounting points used as designed
- Accessory wiring taken from the upfitter switch bank through a fused take-off
Chargeable
- Self-tapping screws through the floor, side or roof with no seal
- Any penetration showing corrosion at the edge
- Accessory wiring spliced into the factory loom
Sample charge $240 per set for sealing and treating, $290 per vehicle for a spliced loom
This is the return item that surprises fleets most often, and the one that is entirely avoidable by upfitting with us at the start of the term.
The upfit bay, day 0 to day 3
Shelving, racks, lighting, wraps and telematics, fitted on the same site as the yard so no vehicle has to be transported twice.
After, day 3Before, day 0- Day 0. Unit lands at the yard. Bare floor, bulkhead fitted, nothing drilled.
- Day 1. Bulkhead port, LED lighting and the fused accessory take-off go in.
- Day 2. Shelving bays bolted through with sealing washers, never self-tapped.
- Day 3. Cast vinyl wrap laminated, telematics paired, keys coded, unit released.
Running the fleet after delivery
Two things decide whether a fleet programme works in year two: what the reporting tells you, and whether anyone picks up the phone.
One portal, one invoice, per vehicle
Odometer, fuel, service history, fault codes and idle time per vehicle, not averaged across the fleet. That per-vehicle view is what lets you buy the right mileage band next cycle instead of guessing.
- Odometer readings pulled monthly, per unit, exportable
- Service booked against your yard calendar, not ours
- One consolidated invoice across every unit and site
A named manager, not a queue
Accounts of four vehicles and up get one person who knows your routes, your upfit spec and your renewal dates. On accounts of eight and up, a replacement unit is guaranteed within 24 hours when something goes down.
- Direct line and email, no ticket queue
- Quotes sheeted within one business day
- Renewal review 90 days before term end, with the pre-inspection
One yard, three jobs
Delivery, upfitting and turn in inspection all happen on the same site off I-35E, which is why a van can be delivered, shelved, wrapped and released without a transporter movement.
Vantage Yard, Stemmons corridor, Dallas- Upfit bay on siteShelving to wrap in one to five days, twelve for a service body.
- Inspection at your yardPre-inspection 90 days out, at no charge, with a written estimate.
- Weekly transporter westFort Worth and Alliance runs so a delivery never costs you a driver day.
What we publish before you sign
Anyone can say the quote is transparent. These are the specific things we put in front of a customer, in writing, before a contract exists.
- TX Dealer Licence #DEMO-0000Placeholder licence number for this demonstration site
- NAFA Fleet Management AssociationMember since 2014, sample credential
- Manufacturer fleet accountsDirect fleet allocation with four manufacturers
- 24 hour swap guaranteeOn accounts of eight vehicles or more
- Published return standardsEvery threshold and charge on one page, before you sign
- Money factor shown on every quoteMultiply by 2400 and check the rate yourself
Where the fleets are
Eight areas across the metroplex, each with its own vehicle mix and its own mileage profile. Denton routes are nothing like Plano routes, and we price them differently.
- DallasCourier, building services, commercial plumbing, restaurant supplyAt the yard
- Fort WorthUtility contracting, steel and lumber, oilfield service, municipal35 minutes from the yard
- PlanoFacilities management, residential HVAC, IT field service, landscaping30 minutes from the yard
- IrvingFreight and cold chain, airport services, hotel supply, clinical courier20 minutes from the yard
- ArlingtonEvent logistics, manufacturing support, commercial cleaning, security40 minutes from the yard
- GarlandElectrical, mechanical contracting, restoration, industrial service25 minutes from the yard
- FriscoResidential construction, new-build services, landscaping, pool and spa40 minutes from the yard
- DentonAgricultural service, regional distribution, utilities, campus facilities50 minutes from the yard
Everything on this site
Forty five pages, indexed. If a number is quoted anywhere on this site, the page that explains how it was calculated is in this list.