Automotive Solutions > Depreciation Risk Management
A Carlingford Operating Lease allows you to get on with business without having to worry about vehicle resale values and the risk of losing money at the end of the lease. At the end of an Operating Lease term, you simply return the vehicle to Carlingford and we bear the risk of losing money on the resale of that vehicle.
“Over the last five years, the increased demand for new vehicles has put extreme downward pressure on Used vehicle resale values, irrespective of whether they’re being sold at auction, as a trade-in through dealerships or running an ad in the local paper”.
A sample of the average values attributed to a mix of three year old vehicles clearly demonstrates the rapid decline in values – up to 66% of the purchase price eroded in just three years.
Current Wholesale Value of a sample of six different vehicle types,
3 years old vehicles in average condition with 90K kilometress at mid-2007
Our research demonstrates that no two vehicles depreciate at exactly the same rate. A Carlingford Operating Lease means that when you upgrade your vehicles, you are not gambling with your business profits and cash flow. You simply return the vehicles and we can provide you with a new one1 allowing you to get on with running your business. This is another example of how Carlingford makes Automotive Solutions easy.
1 Conditions apply. New vehicles may differ to the amount of prior vehicle repayments.
