Financial and intangible factors in fleet lease or buy decision

We show that there is no single “best solution” in the leasing versus company ownership problem for the fleet administration industry as a whole. Because of the different styles and traditions of firms and because of the emphasis on intangibles beyond economics, a unifying framework of reference including the variety of factors is developed as a hierarchy and evaluated for priorities serving as a useful tool to guide each company to make its decision whether to lease or to buy. This appears to be an effective way for assessing tradeoffs previously regarded beyond the realm of measurement.