EP 2: Demystifying Full-Service Lease Contracts
Driving Success: A Fleet Advantage Podcast by Fleet Advantage
Episode notes
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 ...