Frequently Asked Questions: Leasing vs RPO vs Purchasing a Truck
What is the difference between leasing, RPO, and purchasing a truck?
Leasing allows you to use a truck for a fixed monthly payment over a set term without ownership.
The Rent Purchase Option (RPO) lets you rent a truck while applying a portion of your payments toward ownership if you choose to buy.
Purchasing means buying the truck outright or financing it, giving you full ownership from day one.
When does leasing make the most sense?
Leasing is ideal if you want:
- Lower upfront costs
- Predictable monthly expenses
- Fleet flexibility
- Temporary or seasonal equipment
Leasing a Grapple Truck, Roll Off Truck, or Hooklift Truck is a great option if you don’t want long-term ownership responsibilities.
When should I consider a Rent Purchase Option (RPO)?
An RPO is best if you want:
- To test a truck in real-world operations
- A path toward ownership
- Equity built into rental payments
- Flexibility to buy or return
With Apex Equipment’s RPO program, 70% of rental payments apply toward the purchase price if you decide to buy.
Is purchasing a truck the best option for my business?
Purchasing may be the right choice if:
- You want full ownership immediately
- You plan to keep the truck long term
- You prefer no usage or term limitations
- You’re comfortable with higher upfront costs
Ownership can be ideal for stable, long-term fleet needs.
Can I switch from leasing or RPO to purchasing later?
Yes. Apex Equipment offers flexible solutions.
- RPO programs are specifically designed to transition into ownership.
- In some cases, leased trucks may be eligible for purchase—availability and terms vary.
Our team can help evaluate the best path for your operation.
Which option has the lowest upfront cost?
Typically:
- Leasing has the lowest upfront cost
- RPO offers moderate upfront cost with ownership potential
- Purchasing requires the highest initial investment
The right choice depends on your budget, usage, and long-term goals.
What option gives me the most flexibility?
Leasing offers the most short-term flexibility, followed closely by RPO, which adds ownership potential. Purchasing offers the least flexibility but the most control.
Which option is best for Grapple Trucks, Roll Off Trucks, and Hooklift Trucks?
All three options work well depending on how you plan to use the truck:
- Leasing is ideal for short-term or seasonal needs
- RPO is great if you want to test before owning
- Purchasing works best for long-term fleet integration
Apex Equipment offers all three to match your operation’s needs.
How do I choose the right option?
Choosing between leasing, RPO, and purchasing depends on:
- Budget and cash flow
- Length of use
- Growth plans
- Operational flexibility
The Apex Equipment team will help you evaluate your options and recommend the best solution.
Still Have Questions?
Our team is here to help you compare Leasing, Rent Purchase Option (RPO), and Purchasing so you can make a confident decision.
Contact Apex Equipment today to discuss the best truck solution for your business.