What are the pros and cons for Amtrak to lease new locomotives and sets? What is it about their business that should be considered in making this decision?
Pros
1. You need not to make any capital expenditure only lease payment will follow
2. Whenever your work is done you can surrender the locomotives back to the party.
Cons-
1. Generally all expenses are borne by lessee.
2. Payment of monthly lease to lessor.
3. You will treated as lessee not the owner.
Factor to be considered -
1. Terms and conditions of lease.
2. Monthly lease payment.
3. Take quotation from multiple vendor and choose whichbis economic.
4. Check the condition of the equipment.
What are the pros and cons for Amtrak to lease new locomotives and sets? What is...
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