Question

What are the pros and cons for Amtrak to lease new locomotives and sets? What is...

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?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

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.

Add a comment
Know the answer?
Add Answer to:
What are the pros and cons for Amtrak to lease new locomotives and sets? What is...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT