16 foot box truck with lift gate
Body-on-chassis, so two things depreciate at once: the cab and the box. That is why the residual is the second lowest on the grid and why we rarely recommend a 60 month term on this unit.

Furniture and appliance delivery, food service distribution, event and rental logistics.
How this payment is built
$1,178.46/mo
- MSRP
- $72,500
- Capitalised cost
- $68,900
- Residual, 47% of MSRP
- $34,075
- Depreciation over 36 months
- $34,825
- Monthly depreciation
- $967.36
- Monthly rent charge
- $211.10
- Money factor, x2400
- 0.00205 = 4.92% APR
- Due at signing
- $2,450
- Excess mileage
- 24¢ per mile
- Total of payments
- $42,425
Sample figures, before tax, subject to credit approval.
Specification and standard equipment
As delivered from our Dallas yard. Anything in the upfit catalogue can be added before release.
Numbers that matter on site
- Box dimensions
- 16 ft x 96 in x 90 in
- Lift gate capacity
- 2,500 lb, tuck-under
- GVWR
- 14,500 lb, no CDL required
- Deck height
- 50 in
- E-track
- Three rows, full length
- Sample combined economy
- 11 mpg
Standard on every unit
- Tuck-under aluminium lift gate with annual certification
- Translucent roof panel and interior LED strip
- Hardwood floor with three rows of E-track
- Roll-up rear door with spring assist
- Dock bumpers and rear corner protection
Worth knowing at turn in. Lift gate certification is annual and it is your responsibility during the term. An uncertified gate at turn in is graded as a mechanical item, not wear.
The same unit at four terms
At 15,000 miles a year. Longer terms look cheaper monthly and cost more in total, because the residual falls faster than the payment does.
| Term | Residual | Residual value | Monthly depreciation | Rent charge | Monthly | Total of payments |
|---|---|---|---|---|---|---|
| 24 months | 55% | $39,875 | $1,209 | $223 | $1,432 | $34,377 |
| 36 months (quoted) | 47% | $34,075 | $967 | $211 | $1,178 | $42,425 |
| 48 months | 39% | $28,275 | $846 | $199 | $1,046 | $50,187 |
| 60 months | 32% | $23,200 | $762 | $189 | $950 | $57,029 |
Sample figures. Scroll the table sideways on a narrow screen.
This unit at five mileage bands
Excess mileage on this class is 24 cents a mile, so the band you buy is worth getting right.
12,000
miles a year
$1,375/mo
- Residual
- 57%
- Residual value
- $41,325
- Total of payments
- $32,998
The base band. Anything above it is charged at 24 cents a mile when you hand the unit back.
Most fleets
15,000
miles a year
$1,432/mo
- Residual
- 55%
- Residual value
- $39,875
- Total of payments
- $34,377
Costs $1,379 more than the band below over 24 months. Worth it once you drive 5,745 extra miles across the term.
20,000
miles a year
$1,519/mo
- Residual
- 52%
- Residual value
- $37,700
- Total of payments
- $36,445
Costs $2,068 more than the band below over 24 months. Worth it once you drive 8,616 extra miles across the term.
25,000
miles a year
$1,605/mo
- Residual
- 49%
- Residual value
- $35,525
- Total of payments
- $38,513
Costs $2,068 more than the band below over 24 months. Worth it once you drive 8,617 extra miles across the term.
30,000
miles a year
$1,691/mo
- Residual
- 46%
- Residual value
- $33,350
- Total of payments
- $40,581
Costs $2,068 more than the band below over 24 months. Worth it once you drive 8,616 extra miles across the term.
12,000
miles a year
$1,141/mo
- Residual
- 49%
- Residual value
- $35,525
- Total of payments
- $41,081
The base band. Anything above it is charged at 24 cents a mile when you hand the unit back.
Most fleets
15,000
miles a year
$1,178/mo
- Residual
- 47%
- Residual value
- $34,075
- Total of payments
- $42,425
Costs $1,343 more than the band below over 36 months. Worth it once you drive 5,596 extra miles across the term.
20,000
miles a year
$1,234/mo
- Residual
- 44%
- Residual value
- $31,900
- Total of payments
- $44,439
Costs $2,015 more than the band below over 36 months. Worth it once you drive 8,394 extra miles across the term.
25,000
miles a year
$1,290/mo
- Residual
- 41%
- Residual value
- $29,725
- Total of payments
- $46,453
Costs $2,014 more than the band below over 36 months. Worth it once you drive 8,392 extra miles across the term.
30,000
miles a year
$1,346/mo
- Residual
- 38%
- Residual value
- $27,550
- Total of payments
- $48,468
Costs $2,015 more than the band below over 36 months. Worth it once you drive 8,394 extra miles across the term.
12,000
miles a year
$1,018/mo
- Residual
- 41%
- Residual value
- $29,725
- Total of payments
- $48,880
The base band. Anything above it is charged at 24 cents a mile when you hand the unit back.
Most fleets
15,000
miles a year
$1,046/mo
- Residual
- 39%
- Residual value
- $28,275
- Total of payments
- $50,187
Costs $1,307 more than the band below over 48 months. Worth it once you drive 5,446 extra miles across the term.
20,000
miles a year
$1,086/mo
- Residual
- 36%
- Residual value
- $26,100
- Total of payments
- $52,148
Costs $1,961 more than the band below over 48 months. Worth it once you drive 8,172 extra miles across the term.
25,000
miles a year
$1,127/mo
- Residual
- 33%
- Residual value
- $23,925
- Total of payments
- $54,109
Costs $1,961 more than the band below over 48 months. Worth it once you drive 8,170 extra miles across the term.
30,000
miles a year
$1,168/mo
- Residual
- 30%
- Residual value
- $21,750
- Total of payments
- $56,070
Costs $1,961 more than the band below over 48 months. Worth it once you drive 8,170 extra miles across the term.
12,000
miles a year
$929/mo
- Residual
- 34%
- Residual value
- $24,650
- Total of payments
- $55,757
The base band. Anything above it is charged at 24 cents a mile when you hand the unit back.
Most fleets
15,000
miles a year
$950/mo
- Residual
- 32%
- Residual value
- $23,200
- Total of payments
- $57,029
Costs $1,272 more than the band below over 60 months. Worth it once you drive 5,300 extra miles across the term.
20,000
miles a year
$982/mo
- Residual
- 29%
- Residual value
- $21,025
- Total of payments
- $58,936
Costs $1,907 more than the band below over 60 months. Worth it once you drive 7,947 extra miles across the term.
25,000
miles a year
$1,014/mo
- Residual
- 26%
- Residual value
- $18,850
- Total of payments
- $60,844
Costs $1,907 more than the band below over 60 months. Worth it once you drive 7,947 extra miles across the term.
30,000
miles a year
$1,046/mo
- Residual
- 23%
- Residual value
- $16,675
- Total of payments
- $62,751
Costs $1,907 more than the band below over 60 months. Worth it once you drive 7,947 extra miles across the term.
Upfits that suit this unit
Fitted on site before release. The monthly figure is the cost of capitalising it across this unit's 36 month term.
- Full colour vehicle wrapFull wrap in cast vinyl with a laminate, designed from your existing brand files. Cast vinyl is the point: calendered film bakes onto Texas paint and costs you the removal charge.$2,900 up front, or about $87 a month. Lead time 5 days.
- Telematics unit and subscriptionOBD-linked GPS with engine fault codes, idle time and driver scoring. Hardware is charged once; the subscription is $22 per vehicle per month and cancellable with 30 days notice.$180 up front, or about $5 a month. Lead time 1 day.
- Interior LED lighting kitTwo rows of load-area LED with a door trigger and a manual override, wired through a fused take-off rather than spliced into the factory loom.$340 up front, or about $10 a month. Lead time 1 day.
- Inverter and auxiliary battery2,000 W pure sine inverter on a second battery with a split charge relay, so running a press or a laptop station never leaves you with a flat starter battery.$1,150 up front, or about $34 a month. Lead time 2 days.
The $795 acquisition fee, the $150 documentary and title fee and the first monthly payment of $1,178.46. There is no security deposit on approved commercial credit. Sample figures.
Yes. The grid above prices this unit at 24, 36, 48 and 60 months, and at five mileage bands. You can also change the band once mid term, before the final six months, and we re-sheet the payment from that month forward.
24 cents. At 15,000 miles a year on a 36 month term you have 45,000 contracted miles, and anything past that is charged at turn in. Under-mileage is not refunded.
It can be. Capitalising an upfit spreads it across the term at the same money factor, or you can pay it up front and own it outright, which is usually cleaner if you intend to transfer the shelving into the next unit.
Also worth pricing
Put the 16 foot box truck on a sheet
Tell us how many, where they run and what goes in the back. You get a quote within one business day with the residual and the money factor printed on it.
