Leasing & Rental Industry Looking Up For 2022

Feb 15, 2022 - 3 years ago

In a strong rebound year for the full-service lease and rental market, PacLease saw industry year-over-year demand grow in 2021.

“This bodes well for our industry as more fleets – private fleets in particular – are growing through full-service leasing,” said Ken Roemer, president of PACCAR Leasing. “As we enter 2022, we’re preparing for continued growth with new products and services, a strong rental market and new locations to further support our customers.”

According to Roemer, PacLease added nine new locations last year, bringing its total to 467 locations throughout the United States and Canada. More are expected to come on board in 2022.

“We’re excited about the new year as new trucks from Kenworth – the T680 Next Gen – and Peterbilt’s Model 579, are put into service,” said Roemer. “Those go along with a completely new lineup of Kenworth and Peterbilt medium duty trucks. PacLease has a lot to offer with new truck technology backed by a strong network and outstanding customer service.”

According to Roemer, further growth is expected due to PacLease’s recently expanded Fleet Maintenance Service program. “This expands our offerings to fleets that do not typically lease their vehicles,” he said. “It provides a totally customized maintenance program for customers that need complete maintenance coverage for their vehicles.”

PacLease also made strides in ramping up for the coming of electric vehicles. The company’s Dallas location recently installed PacLease’s first EV charger as it prepares for renting and leasing electric Peterbilt and Kenworth trucks. “Having the right infrastructure in place is a key to preparing for the growth of electric vehicles,” said Roemer. “We have secured both rental and lease orders for delivery this year and are excited to see what the future of electric trucks brings to our industry.”

Source: PacLease