Financing Leasing / Phd-Dion
- Fleet Management
- Lease or Own
- lease Programs
Why Choose PHd-DION?
A well structured, well managed company vehicle policy offers the most effective control of vehicle expenses. The true cost of operating a company fleet depends on vehicle selection for maintenance and operating efficiency, as well as continuous monitoring of established controls.
- Single source for all your commerical vehicle needs.
- Flexible, customized programs.
- Tailored to the needs of the fleet operator of light duty and passenger vehicles.
- “There’s no quicker way to get your fleet on the street.”
4 Mistakes to Avoid When Choosing a Fleet Management Program
Too small…Too big…Too hard…Too complicated.
PHd-DION brings big fleet solutions to the small to medium fleet operator of light duty and passenger vehicles. With nationwide coverage, our trained fleet management specialists manage your vehicles for maximum operating and cost efficiency. We focus on your fleet, so you can focus on your business.
PHd-DION is a division of San Diego-based Dion International Trucks. The successor of a highly-regarded local auto leasing company, PHd-DION specializes in serving the needs of companies in a wide range of businesses that operate small to medium-sized fleets (5-200 units) of passenger and other light duty vehicles. We leverage our extensive experience in leasing and fleet management to offer operators of smaller commercial fleets the same services that are readily available to large fleet operators.
With the goal of being a one-stop resource for smaller fleet operators, PHd-DION and Dion International Trucks offer a full range of fleet management services that can be tailored to the specific needs of each client business. Our services include vehicle policy consulting, acquisition, fleet management, and disposal services, all managed by a dedicated account manager. PHd-DION’s customer centric, hands-on approach sets us apart from larger competitors.
- Leasing can improve cash flow
Profits are made by the efficient use of depreciating assets rather than by their ownership.
- Fleet Management can minimize costs
Whether you own or lease your company vehicles, beginning with assistance in formulating or revising a company vehicle policy, structuring the fleet for maximum efficiency, and disposing of surplus vehicles, the professionals at PHd – DION provide the tools necessary to maximize performance and minimize costs.
- Outsourcing Fleet Services increases productivity
PHd-DION can relieve you of vehicle shopping, price negotiation, administrative processes and vehicle disposal.
Whether you own or lease your company vehicles, beginning with assistance in formulating or revising a company vehicle policy, structuring the fleet for maximum efficiency, and disposing of surplus vehicles, the professionals at PHd-DION provide the tools necessary to maximize performance and minimize costs.
As professional fleet managers, the staff at PHd-DION combines state of the art processes and extensive industry experience to analyze the business, technical and financial requirements of each fleet we manage.
The true cost of operating a company fleet depends on vehicle selection for maintenance and operating efficiency, as well as continuous monitoring of established controls.
Our Fleet Management System offers a complete range of options and flexibility to meet the requirements of the commercial fleet operator anywhere in the United States. Our goal is to provide you with a more efficient and cost effective transportation system with less hassle for you and your drivers.
- Dedicated Fleet Manager
- Preferred Dealer network provides access to vehicles nation wide
- Extensive national network of maintenance and repair service providers
- Full range of administrative services
Frequently Asked Questions
What is leasing?
Leasing is using someone else’s property for an agreed to schedule of payments. When you buy, you make a commitment to pay for the total life/value of the vehicle. In leasing, you pay for only the portion of the vehicle’s market value that you use.
How does leasing work?
The customer (lessee) and PHd -DION Leasing (lessor) sign a contract, or lease agreement, by which the lessee agrees to pay the lessor a specified monthly fee for the use of the vehicle. Lease agreements can vary widely in types of equipment, term, mileage and other factors. The monthly rent is based primarily on the vehicle’s anticipated depreciation over the term of the lease.
Can you purchase our current fleet vehicles and lease them back to us?
PHd-DION offers buy/lease back programs for qualifying fleet vehicles. The option to buy/ lease back vehicles in your company fleet is one of the factors considered in structuring a program that addresses your unique requirements.
Can you provide Fleet Management Services for our company owned vehicles?
Any of your company vehicles may be included in your comprehensive fleet management program.
What if I already have preferred dealers and service vendors?
PHd-DION understands the importance of relationships. Preferred providers may be added to our network of vendors.
Why should I choose PHd-DION?
Our staff of trained experts are complete transportation specialists. Every vehicle we lease is obtained at the lowest possible cost, insuring you competitive lease rates. We will assist you in choosing the vehicle, lease and management processes best suited to your needs. Managing your transportation requirements is our only business. Our leasing and fleet management services allow you to invest your money and your time in your business.
Leasing or Ownership
Volume purchasing reduces our acquisition cost for each leased vehicle.
Profits are made by the efficient use of depreciating assets. A lower monthly cost without the upfront expense improves cash flow freeing cash to meet day-to-day requirements.
PHd-DION leases are structured to qualify as operating leases under IRS guidelines. Lease payments are deductible and potentially exempt from Alternative Minimum Tax.
Operating leases do not appear on your balance sheet. Financial ratios are improved, enhancing the options for financing the growth of your business.
Lower Admin Costs
We relieve you of vehicle shopping, price negotiations and disposal of replaced vehicles. Fleet and maintenance management services consolidate total fleet costs in 1 convenient monthly bill.
Each vehicle is engineered to meet the user’s specific application, operational and financial requirements.
PHd-DION Leasing offers both open-end and closed-end leases.
Open-end (TRAC) Lease
An Open-end lease requires the lessee to assume responsibility for a predetermined fixed value at the end of the lease term, known as the “termination value” or “residual value”. Upon termination of the lease, the vehicle is sold. After the disposal is completed, the lessee receives any amount over the termination value or provides any deficiency.
Closed-end (True Lease) Lease
A Closed-end lease, also called a “true lease”, is structured to qualify as an “operating lease” for accounting and tax purposes. At lease term the lessee has no obligation regarding the vehicle market value, but may be charged for excess miles and excessive wear and tear.
*All PHd-DION leases offer additional end of term options for lease renewal or replacement of equipment.