EP 2: Demystifying Full-Service Lease Contracts

In this episode, Tracy Derival and Hadley Benton, the Executive Vice President of Business Development at Fleet Advantage, discuss the major differences between a Full-Service Lease (FSL) and an Unbundled Lease (UBL) for corporate transportation fleets. The key themes covered include the definition of FSL and UBL contracts, the importance of flexibility in lease structures, the financial impact of FSL on a company's bottom line, the impact on maintenance and repair, and best practices for transitioning between lease agreements.

00:00 Introduction to Fleet Advantage

01:11 Hadley’s Background in the Transportation Industry

02:17 What Is An FSL Contract?

02:35 What Are The Principle Differences Between An FSL and UBL?

03:12 Importance of Flexibility in Fleet Lease Structure

04:08 Financial Impact of FSL vs Unbundled Lease

05:04 Managing Maintenance and Repair Costs

06:22 Transitioning from FSL to Unbundled Lease

07:01 Best Practices on M&R While Transitioning From An FSL to a UBL

08:37 Introduction To Part Two On Alternative Fleet Maintenance Solutions

Connect with Hadley Benton on LinkedIn! https://www.linkedin.com/in/hadleybenton/

Connect with Tracy Derival on LinkedIn! https://www.linkedin.com/in/tracy-derival-451a55126/

Visit our website! ➡ https://www.fleetadvantage.com/