By-the-Hour Lift Truck Lease
Hyster Company is giving lift truck users custom lease solutions with flexible end-of-term options and the ability to pay only for the hours used through its Power Advantage. The new leasing program bills for the actual hours of use during a given month, allowing customers to enjoy a “pay-per-hour”-based finance solution. The user can match expenses to operational cycles and control costs. At the end of the lease term, the truck can be returned for a new truck or the lease extended. This is applicable for seasonal or mixed-use operations looking to pay for actual usage only, locking in a per-hour rate at the lease outset and avoiding overtime charges. These operations would typically use a lift truck between 1,200 and 3,000 hours per year.