In this episode, Tracy Derival and Hadley Benton, the Executive Vice President of Business Development at Fleet Advantage, discuss the major differences between a Full-Service Lease (FSL) and an Unbundled Lease (UBL) for corporate transportation fleets. The key themes covered include the definition of FSL and UBL contracts, the importance of flexibility in lease structures, the financial impact of FSL on a company's bottom line, the impact on maintenance and repair, and best practices for transitioning between lease agreements.
00:00 Introduction to Fleet Advantage
01:11 Hadley’s Background in the Transportation Industry
02:17 What Is An FSL Contract?
02:35 What Are The Principle Differences Between An FSL and UBL?
03:12 Importance of Flexibility in Fleet Lease Structure
04:08 Financial Impact of FSL vs Unbundled Lease
05:04 Managing Maintenance and Repair Costs
06:22 Transitioning from FSL to Unbundled Lease
07:01 Best Practices on M&R While Transitioning From An FSL to a UBL
08:37 Introduction To Part Two On Alternative Fleet Maintenance Solutions
Connect with Hadley Benton on LinkedIn! https://www.linkedin.com/in/hadleybenton/
Connect with Tracy Derival on LinkedIn! https://www.linkedin.com/in/tracy-derival-451a55126/
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