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WHY LEASE FROM KRAFT?

It’s simple – We know tank trailers.

Kraft Tank Corporation has been in the business of tank trailers since 1949 when Charles P. Kraft began manufacturing his first trailer. Over 70 years later the company has grown and evolved, and the next generation of Kraft is focused on the future. With a wide range of products and services, investment in innovation, and an ever-growing foot print you’ll find we have everything you need to help you get where you need to go.

We offer a wide range of trailers with flexible leasing options that work best for you. When you lease with Kraft Tank, you can be confident that we have the best trailer for your specific needs. Our experienced professional service and support team will keep you on the road for the long haul.

Ready to get started down the road? Fill out our simple and quick credit app.

leasing application

WHY LEASE FROM KRAFT?

It’s simple – We know tank trailers.

Kraft Tank Corporation has been in the business of tank trailers since 1949 when Charles P. Kraft began manufacturing his first trailer. Over 70 years later the company has grown and evolved, and the next generation of Kraft is focused on the future. With a wide range of products and services, investment in innovation, and an ever-growing foot print you’ll find we have everything you need to help you get where you need to go.

We offer a wide range of trailers with flexible leasing options that work best for you. When you lease with Kraft Tank, you can be confident that we have the best trailer for your specific needs. Our experienced professional service and support team will keep you on the road for the long haul.

Ready to get started down the road? Fill out our simple and quick credit app.

leasing application

LEASE VS BUY

Should I lease or buy?

The decision of whether to lease or buy is one that is impacted by a variety of factors. Your trucking company has its own unique shipping lanes, customer requirements, financial position, and daily challenges that will influence your decision. In many cases, it makes sense to own and lease portions of the fleet. At Kraft Tank, we work with you to determine the best equipment options to meet your particular needs.

Pros and Cons of Leasing

Pros:

  • Preserve monthly cash flow – For many business owners, ensuring adequate monthly cash flow is important. Because monthly lease payments are typically lower than monthly financing expenses for owning your own trailer, leasing often helps business owners conserve their cash flow for other expenses.
  • Lower up-front costs – When financing a loan for the purchase of new equipment, most banks require collateral or a large down payment. When leasing, however, we only require first month payment and a fully refunded deposit if unit is brought back in the same or better condition.
  • Access the latest technology – Leasing helps ensure you have access to the latest technology when purchasing a new trailer is not a financial option. In addition, you can more easily update your equipment because you don’t need to sell an old or outdated tank in order to purchase a new one. You simply relinquish ownership at the end of your lease term and rent a newer trailer.
  • Access the latest equipment models – When leasing, you have the flexibility to move to the latest model or change equipment entirely if your customer’s needs change. Trailer ownership makes this a more complicated process if you need to sell existing equipment, purchase new, and keep loads moving for your clients.
  • Tax write-off – Under a lease-purchase agreement, 100% of lease payments are tax deductible.

Cons:

  • No ownership – While there are risks and expenses associated with owning your own trailer, there are also benefits. For example, once you’re done with the trailer, you are free to sell it and use the money from the sale however you wish.
  • Varying cost benefits – While there’s an initial benefit to leasing a trailer because you do not need to make a down payment, it is possible that your overall expenses throughout the course of the loan may be higher than if you had purchased the trailer.
  • Obligated to the terms of the lease – Once you’ve signed the paperwork, you are unable to modify the terms of the lease. If you no longer wish to use the trailer, you will need to either continue making monthly payments or pay off the balance of the loan.

Interested in learning more about your options for leasing vs. purchasing a trailer? We’re here to help. Contact us for more information.
Take the first step toward leasing a trailer to meet your needs. Fill out our leasing application. 

leasing application

LEASE VS BUY

Should I lease or buy?

The decision of whether to lease or buy is one that is impacted by a variety of factors. Your trucking company has its own unique shipping lanes, customer requirements, financial position, and daily challenges that will influence your decision. In many cases, it makes sense to own and lease portions of the fleet. At Kraft Tank, we work with you to determine the best equipment options to meet your particular needs.

Pros and Cons of Leasing

Pros:

  • Preserve monthly cash flow – For many business owners, ensuring adequate monthly cash flow is important. Because monthly lease payments are typically lower than monthly financing expenses for owning your own trailer, leasing often helps business owners conserve their cash flow for other expenses.
  • Lower up-front costs – When financing a loan for the purchase of new equipment, most banks require collateral or a large down payment. When leasing, however, we only require first month payment and a fully refunded deposit if unit is brought back in the same or better condition.
  • Access the latest technology – Leasing helps ensure you have access to the latest technology when purchasing a new trailer is not a financial option. In addition, you can more easily update your equipment because you don’t need to sell an old or outdated tank in order to purchase a new one. You simply relinquish ownership at the end of your lease term and rent a newer trailer.
  • Access the latest equipment models – When leasing, you have the flexibility to move to the latest model or change equipment entirely if your customer’s needs change. Trailer ownership makes this a more complicated process if you need to sell existing equipment, purchase new, and keep loads moving for your clients.
  • Tax write-off – Under a lease-purchase agreement, 100% of lease payments are tax deductible.

Cons:

  • No ownership – While there are risks and expenses associated with owning your own trailer, there are also benefits. For example, once you’re done with the trailer, you are free to sell it and use the money from the sale however you wish.
  • Varying cost benefits – While there’s an initial benefit to leasing a trailer because you do not need to make a down payment, it is possible that your overall expenses throughout the course of the loan may be higher than if you had purchased the trailer.
  • Obligated to the terms of the lease – Once you’ve signed the paperwork, you are unable to modify the terms of the lease. If you no longer wish to use the trailer, you will need to either continue making monthly payments or pay off the balance of the loan.
  •  

Interested in learning more about your options for leasing vs. purchasing a trailer? We’re here to help. Contact us for more information.

Take the first step toward leasing a trailer to meet your needs. Fill out our credit application. 

leasing application

our locations

KANSAS CITY, KS

320 Kindleberger Road
Kansas City, KS 66115
view in google maps

Phone: 913-601-6999
email: jrandall@krafttank.com

Oklahoma city, OK

2650 Shull Avenue
Oklahoma City, OK 73111

view in google maps

Phone: 888-464-8265
email: jrandall@krafttank.com

ODESSA, TX

1000 W. I-20 Service Road
Odessa, TX 79763

view in google maps

Phone: 432-897-4554
email: jrandall@krafttank.com

our locations

KANSAS CITY, KS

320 Kindleberger Road
Kansas City, KS 66115
view in google maps

Phone: 913-601-6999
email: jrandall@krafttank.com

Oklahoma city, OK

2650 Shull Avenue
Oklahoma City, OK 73111

view in google maps

Phone: 888-464-8265
email: jrandall@krafttank.com

ODESSA, TX

1000 W. I-20 Service Road
Odessa, TX 79763

view in google maps

Phone: 432-897-4554
email: jrandall@krafttank.com