|  Clifton Linton

ETI’s Tips on Buying Rail Cars

Leasing is the most common tool marketers use to acquire tank cars to ship product. It minimizes the overhead. Marketers don’t have to shell out as much as $160,000 to buy a new car. And, the bulk of the onerous paperwork is handled by large equipment leasing companies. Is buying a tank car a good idea? It’s not a bad one, but new prospective car owners should enter into a purchase with eyes wide open. There is no railroad version of Carfax....

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