Deciding Whether to Lease or Purchase Your Hino Truck?

When looking at credit options for your next truck, it can be difficult to decide whether to lease or purchase your Hino Truck. Your business model, cash flow, and long term projections are all factors to consider, and our specialized financing staff can help you assess which solution best meets your needs. The difference may seem trivial, but at our Hino truck centre, Somerville Hino is dedicated to helping you evaluate your situation and develop a customized credit and financing plan for you and your business. We are conveniently located at Hwy 400 and Finch in Toronto (see map here), but as the #1 Hino dealership in Canada customers all across Ontario rely on us for their Hino truck financing, sales and service.

If a sharp, new image is part of your business brand, leasing a truck can help you ensure that you always have the latest models on the road. One financial advantage to leasing a Hino truck is that the cost of the vehicle is not registered as a financial liability, which can lead to a positive trickledown effect and help improve your leverage for future borrowing and cash flow needs.

Many of our Hino customers visit our truck centre and, after seeing our state-of-the-art service facility, choose to purchase their vehicle knowing that Somerville Hino will be able to ensure that their trucks are well maintained and serviced throughout the entire life of their truck.

There are different credit requirements for leases and purchases, and one great way to decide which option is best for your business is to complete a credit application with Hino to understand which type of credit and finance arrangement will best suit your needs. Contact us today and get your business on the road with a Hino truck.