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In regards to the new article on flex hire I am curious if anyone knows how they address the residual when a unit is returned after 1 year, or does the dealer simply stomach the cost of the truck? Unless monthly rates are high enough to pay of the unit within 1 year this will be hard to compete with unless you have very deep pockets able to withstand the loss. Just wondering if anyone has more details, is doing anything similar etc.
  • Posted 7 Oct 2008 06:10
  • By JDBurton
  • joined 4 Jul'07 - 96 messages
  • Virginia, United States

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Global Industry News
edition #1261 - 18 December 2025
In this week’s Forkliftaction News , we report on an activist investment firm increasing its stake in Toyota Industries Corp (TICO), in a bid to stop the privatisation of the materials handling equipment manufacturer... Continue reading

Showcased in the Virtual Expo

Showcased in the Virtual Expo

Global Industry News
edition #1261 - 18 December 2025
In this week’s Forkliftaction News , we report on an activist investment firm increasing its stake in Toyota Industries Corp (TICO), in a bid to stop the privatisation of the materials handling equipment manufacturer... Continue reading
Fact of the week
The two internal cavities in our nose called nostrils function as separate organs. Each nostril has its own set of turbinates and olfactory receptors. The two independent organs work together through a mechanism called the nasal cycle, where one nostril is dominant for air intake while the other rests and is better at detecting scents.