Fleet Owner's Guide to Profitability

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Fleet Owner's Guide to Profitability
Section 1

2024 New Truck Leasing – How fleet age impacts equipment costs and cash flow

Let’s start by clarifying that TEL is not your typical leasing company. The solutions and advantages we offer are not typical in the industry. So, the comparisons and financial strategies outlined below are NOT generally applicable to leasing, they are specific to the TEL Fleet Leasing program.

What we offer is unique:

For many, leasing your fleet might seem like you are giving up equity in your equipment and paying more. At TEL, we offer the shortest terms in the industry, as low as 24 months for new tractors. With your tractors specifically, we even offer flexible purchase options at the end of your lease that let you maintain ownership of the equipment directly and that help to minimize your risk during replacement cycles.

The TEL Fleet Leasing Advantage:

  • Bring down your operating costs and improve cash flow by lowering the average age of your fleet.
  • We offer an industry-leading 33-month trade cycle, which is the exact time the average cost per mile begins to escalate.

 

The successful results you’ll get with TEL Fleet Leasing:

One of the biggest challenges that fleet owners deal with is the rapidly escalating cost of operating older tractors. Older tractors have poor fuel economy, require higher maintenance costs, experience more downtime which causes lost revenue, contribute to driver frustration and turnover, and ultimately have a negative impact on cash flow.

At TEL Fleet Leasing, we’ve stripped the unnecessary complication, confusion, and friction out of fleet leasing so that when you work with us, your business will be easier to run.

We make it easy to add more trucks, improve your fleet, and bring down equipment costs. And that’s that. I hope our value-based approach to business is refreshing to you. If you’d like to meet our team and talk shop, call us at (423) 214-3913. We’d love to connect.

Fleet Owner's Guide to Profitability
Section 2

2024 Truck Maintenance Costs

Comparison of 60-month vs. 33-month trade cycle maintenance costs

Complete Maintenance Support
TEL partners with truck manufacturers to get the best deals on parts and maintenance. We proactively work with you to ensure any potential warranty events are handled quickly and within your best interest. We are the only leasing company that does this.

TEL lease maintenance

Our Research and Financial Strategy for Fleet Owners
Why is determining the best trade cycle for your business so important?
It’s simple. Every trucking company owner is looking to haul more freight with less equipment. The ability to understand the impact that different trade cycles can have on your maintenance cost and downtime can help you optimize your operating expenses and equipment utilization.

Imagine the impact it would have on profitability if you could save up to $700,000 every year in maintenance costs during the lifecycle of your trucks. That’s exactly what analyzing and optimizing your trade cycle can do.

Here are a few more areas to consider when thinking about your trade cycle:

  • Number of working days per year as your equipment ages?
  • Recon cost for disposal at end of the life cycle?
  • Driver retention and satisfaction?
  • Advances in technology as your fleet ages?

The goal is to find the right balance of new vs used equipment operating in your fleet at any given time to promote the best overall operating environment for increased uptime, cash flow, driver satisfaction, and fuel economy. TEL’s Fleet Leasing program was built for truckers by truckers, and we want to dig into the numbers with you to build a plan that fits your needs.

All data from our research goes directly into building the right trade cycle to run your business. So, what is the right trade cycle? Let the people at TEL use their industry knowledge to help you determine that cycle and create an advantage for your fleet.

What could you do with a few hundred thousand dollars of extra capital to invest in your business?

I hope you found this data visualization interesting. If you’d like to meet our team and talk shop, call us at (423) 214-3913. We’d love to connect.

Fleet Owner's Guide to Profitability
Section 3

2024 Truck Fuel Costs

Comparison of 2019 vs. 2024 sleeper truck fuel economy

New Trucks from TEL can help you save hundreds of thousands of dollars in Fuel costs for your fleet.

Better Fuel Economy
Fuel costs fluctuate and represent one of the largest expenses in a fleet. Our new 2024 trucks are spec’d to provide the best industry fuel economy, and this results in large savings for your fleet.

Our Research and Financial Strategy for Fleet Owners
The question most fleet owners struggle with or can’t quantify is, “How much am I losing per year on fuel cost by not updating the 4+ year-old tractors running in my fleet?” Over the last two decades, TEL has made it their mission to collect and analyze the data from over 100,000 trucks running in trucking companies across America in various applications. We have taken this knowledge and built the founding mission of TEL’s Fleet Leasing program to cultivate and sustain transportation entrepreneurs across the nation.

In today’s environment if you have twenty-five 4+ year old tractors running in your fleet, it will cost $268,000 more, on average, to run the equipment versus new tractors per year.

This data all goes into building the right trade cycle to run your business. So, what is the right trade cycle? Let the people at TEL use their industry knowledge to help you determine that cycle and create an advantage for your fleet.

What could you do with an additional $268K to run your business?

I hope you found this data visualization interesting. If you’d like to meet our team and talk shop, call us at (423) 214-3913. We’d love to connect.

Fleet Owner's Guide to Profitability
Section 4

2024 Truck Lease Costs

Comparison of TEL Lease vs. Traditional Purchase

Add New 2024 Trucks with Full Factory Warranty to Your Fleet
With top brands like Peterbilt, Volvo, and Freightliner in inventory, there is virtually no waiting to get your fleet of new 2024 trucks and trailers. In addition to a full factory warranty and limited upfront cost, there are no mileage charges and no rate adjustments through the life of our lease terms. With TEL, you also get the option for complete 24/7 maintenance support for the life of your lease.

In today’s environment, equipment is the third biggest expense you will have as a fleet owner.
This large capital expense brings increased risk. The data above shows how TEL can help you leverage our expertise to decrease this risk and allow you as a fleet owner to focus on running your business.

I hope this data visualization was eye-opening. If you’d like to meet the TEL Fleet Leasing team, call us at (423) 214-3913. We’d love to meet you.

Fleet Owner's Guide to Profitability
Section 5

TEL – our mission, vision, and values

When you have challenges in your business, our mission aligns with you…

🎯 TEL Mission – Provide innovative solutions by delivering unparalleled value and world-class service and support.

When you need a partner you can trust, our values align with you…

💎 TEL Values – Integrity. Respect. Loyalty. Innovation. Support.

When you want a partner to help you achieve your greatest aspirations, our vision aligns with you…

📈 TEL Vision – To be a dynamic incubator of next generation transportation entrepreneurs.

What breed of entrepreneur are you?

There is a special breed of transportation entrepreneurs who have huge aspirations and goals for their trucking companies. And when you’re in this special group – when you’re “all in” – you want business partners who are “all in” with you.

If you have huge aspirations and goals for your business, TEL is the “all in” business partner you can count on.

The TEL Fleet Leasing program will help you add more trucks, improve your fleet, and bring down equipment costs.

We’re more than just another leasing company. We created a turnkey approach to fleet leasing that eliminates the complication and makes business easier. Our buying power will lower your equipment costs and our fleet support program will give you an all-encompassing toolbox of services to help you build a stronger, more successful business. In almost 20 years, we’ve bought thousands of pieces of equipment and helped hundreds of trucking companies grow their fleets and transform their businesses.

If you’d like to meet our team and talk shop, call us at (423) 214-3913. We’d love the chance to get to know you. 

Fleet Owner's Guide to Profitability
Section 6

Tractor Leasing – A better strategy to improve cash flow and profitability

We discovered a better way for trucking companies to cash flow their equipment. Numbers don’t lie. Our Fleet Leasing Program was designed by truckers for truckers to protect your cash flow. The TEL leasing advantage delivers new or like-new trucks without inflated retail costs, huge down payments, or massive long-term debt.

When you qualify for TEL Fleet Leasing you will have lower up-front costs and tailored lease terms based on your business model (number of trucks, mileage per year, etc.). We’ll help you grow your fleet and improve your business.

The cost of equipment is one of the “make or break” expenses that trucking companies must deal with (and one of the only they have some control over). And buying new trucks at retail presents some very difficult problems, such as large down payments, huge up-front costs, inflated retail pricing, massive debt, unsustainable payments, high volatility, and high risk.

The TEL leasing advantage helps trucking companies avoid the burden of buying trucks at retail.

When you think about the retail cost of new trucks and trailers do you feel squeezed, stressed, and worried about what the future holds?

We would assume you do.

If you’d like to meet our team and talk shop, call us at (423) 214-3913. We’d love the chance to get to know you.

Fleet Owner's Guide to Profitability
Section 7

Tractor Leasing – A better strategy to simplify tractor acquisition with a single lease transaction

TEL Fleet Leasing simplifies the process of acquiring new equipment. With a lease you have the benefit of executing one transaction. When you purchase equipment, you have to negotiate two transactions – the equipment purchase transaction and the financing transaction.

TEL offers the convenience of a lease with the bonus of industry-leading lease terms and low up-front costs.

Peterbilt 529
Peterbilt 529 Interior

Burdensome truck financing can create major problems when the lenders don’t understand your business. You’ll have to deal with huge up-front costs, high interest rates, and unsustainable payments (which is the exact situation that fleet owners should avoid because of the business model). Ultimately, purchasing equipment strips cash from your business, negatively affects cash flow, and adds massive pressure to business operations.

New truck financing is a pain, and the debt and interest that trucking companies take on can be an extreme burden.

If you’d like to meet our team and talk shop, call us at (423) 214-3913. We’d love the chance to get to know you.

Fleet Owner's Guide to Profitability
Section 8

Tractor Leasing – A better strategy to minimize unexpected repairs and downtime

TEL offers new or like-new trucks and trailers, and industry-leading trade terms. When you lease trucks and trailers from TEL, you’ll get new or like-new equipment. Most of our leases are brand new trucks and trailers, but when we lease used equipment, it goes through stringent inspections, our industry-leading reconditioning process, and is always less than 2 years old and still under warranty.

Want to build a more successful and profitable trucking company?
Lease your trucks and trailers from TEL Fleet Leasing so you can:

The lower monthly payments for used trucks can be very enticing. 

But buying used trucks to chase lower monthly payments can lead to major headaches and big regrets when looking at the overall utilization of your fleet.

Problems that come with used trucks: 

If you want to know more about how we can help your trucking company, call us at (423) 214-3913.

Fleet Owner's Guide to Profitability
Section 9

Partnership with TEL – industry leading fleet leasing and fleet support programs

Here’s the point of all of the information we’ve shared on this page…

Fleet owners love working with TEL Fleet Leasing.

Why? Because we offer new trucks, the industry’s leading lease terms, and the best fleet support program available.

Because we’ve poured our time and energy into creating the ideal financial strategy to make business more profitable for fleet owners.

We have the best fleet leasing and fleet support programs in the market, and we have the numbers to prove it.

Two TEL tractor trailors side by side.

Are you able to get all of the necessary 2024 tractors and trailers you need this year?

We have new 2024 tractors and trailers available and ready to go.

If you want the best fleet leasing and fleet support team in the industry working on your behalf to help you optimize your fleet age, improve your maintenance operations, and position your business for greater success than you could have imagined…now is the time to take the next step.

We hope this Fleet Owner’s Guide to Profitability showcases our passion, dedication, and integrity. And we hope we have the chance to put our resources to work for you and become a trusted partner for your business.

Fleet Owner's Guide to Profitability
Section 10

Meet Jacob Brazier – VP of TEL Fleet Leasing

Tractor Leasing – A better strategy to minimize unexpected repairs and downtime

Jacob Brazier

Hello,

I’m Jacob Brazier, and I have been around trucking for as long as I can remember.

I come from a family that grew and sold a trucking company. So, the one thing I understand is the way trucking company owners put it all on the line to build successful businesses.

When you have everything on the line, you need partners you can count on.

I joined TEL in 2012 because I found a company that is in the perfect position to help family-owned trucking companies who have it all on the line – who are committed to growing successful businesses.

Every trucking company needs to add or replace trucks in their fleet, but the cost of new equipment and the burden of dealing with banks to find the right finance option can take time away from your focus of driving revenue growth and building your team.

In a small trucking company, you often feel like you’re being squeezed for every penny, treated poorly, pushed to the back of the line when it comes to maintenance, and left fighting to get your drivers back on the road making money. I know because I have experienced the same thing.

As VP of TEL Fleet Leasing, my goal is to help you improve your business and increase your profits.

TEL is more than just another leasing company. We are the truck and trailer leasing partner you can count on.

We created a turnkey approach to fleet leasing that eliminates the complication and makes business easier. Our buying power will lower your truck and trailer costs and our fleet support program will give you an all-encompassing toolbox of services to help you build a stronger, more successful business.

That’s it – I hope I’ve made a positive introduction on behalf of the team at TEL Fleet Leasing.

If we haven’t met, I promise we will not waste your time.
Call us at (423) 214-3913 to meet our team and discuss your business.

If you have engaged with us in any way – through emails, on our website, on our social media feeds, in an intro meeting, anywhere – I want to say thank you.

I hope you have noticed our passion, dedication, and integrity.

And I hope we have the chance to become a trusted partner for your business.