Corporate Leasing
Corporate fleet leasing gives organizations a predictable, cost-efficient way to operate vehicles without the upfront burden of ownership. With flexible terms, scalable structures, and access to modern fleet assets, Wheels delivers responsive leasing solutions that align with your strategy, improve cash flow, and support long-term, efficient growth.
Finance Your Fleet with Flexibility and Ease Through Our Vehicle Leasing Program
Wheels leverages our financial strength to provide funding solutions that are extremely competitive among fleet financiers. We utilize various funding sources for both short-term and long-term funding needs. This provides a unique funding approach that offers rate structures that are transparent and reflective of market rates paid by highly rated corporate borrowers for multi-year obligations.
Floating Rate Methodology
Our floating rate methodology is self-adjusting in nature and closely reflects the market for corporate borrowing spreads over time, not just one point in time. It has proven to accurately reflect market conditions through multiple credit cycles.
Fixed Rate Option
We also offer a fixed rate option based on corporate bond rates, which similarly leverages our strong borrowing capabilities and is easily verifiable using public sources.
Lease Structure Analysis
Wheels works with you to perform detailed analyses of the implications of an open-end fleet lease versus closed-end lease. You’ll come away confident that you’ve chosen the right approach for both your fleet and its individual segments.
Best For
Organizations that want to fund and manage fleet vehicles with predictable costs, flexible terms, and expert guidance—without locking capital into owned assets.
We offer extremely competitive, responsive and flexible vehicle fleet leasing programs to fit your operations. As a top fleet leasing company, our goal is to align our leasing solutions to your unique needs, maximizing your fleet’s potential and helping you grow your business without the burden of purchasing the vehicles outright.
What Wheels Provides
“Before switching, managing our fleet felt reactive – costs were unpredictable and scaling was a constant headache. With Wheels, acquisition is seamless, and the remarketing process is handled with a level of precision we didn’t have before. Everything is structured, transparent, and aligned to how we operate, which has made a measurable impact on cash flow.”
The Wheels Fleet Leasing Difference
Our Standard Leasing Package Includes Award-Winning Tech Tools and Strategic Services
Wheels leasing includes integrated tools and expert support to simplify fleet operations, improve visibility, and drive smarter, data-backed decisions.
Strategic Support
Ongoing consulting, performance reviews, and roadmap-driven fleet optimization.
Vehicle Acquisition
Streamlined ordering tools with expert guidance on vehicle selection and specs.
Fleet Technology
Access to FleetView ™ and DriverView ® for reporting, dashboards, and mobile tools.
Analytics & Sustainability
Custom reporting plus EcoWheels insights to track and improve environmental impact.
Fund Your Tools of the Trade with Flexible Open-End Leases
Most corporate fleet programs in North America use open-end leasing. This structure provides flexibility with no fixed term, no mileage overages, and no penalties for excess wear and tear. It is also generally more tax-efficient than ownership, as most states apply sales tax to monthly lease payments rather than the full vehicle cost—so you pay tax as the asset is used.
A defining feature of open-end leasing is that payments typically decrease over time, reflecting the vehicle’s declining book value.
Outsource the Risk of Residual Value and Gain Predictability Over Monthly Vehicle Costs
Closed-end leasing operates on a fixed term, monthly payment, and set mileage allowance. If the vehicle exceeds mileage limits or has excess wear and tear at turn-in, additional fees may apply. In this structure, the lessor assumes residual value risk and builds it into the monthly payment calculation.
Closed-end leasing is more common outside North America, particularly across EMEA, APAC, and LATAM markets.
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Frequently Asked Questions
Work with Wheels to Find the Leasing Program that Fits Your Fleet’s Needs
