Milestone charges a mileage charge and reefer hour charge (if applicable) on Standard Maintenance rentals and leases.  As a standard practice, mileage/hours usage are estimated and agreed to by both parties at rental or lease inception and billed on a monthly basis.  At termination, the actual miles/hours incurred will be netted against the estimated miles/hours billed during the rental and additional charges will then apply.  Any required service during the rental or lease period is to be performed at a Milestone branch or an approved vendor location.

Milestone Trailer Leasing is responsible for the following to take place at our facility or approved vendor:

• Inspect, lubricate, and provide maintenance for normal wear and tear at approved maintenance intervals.
• Replace tires and brakes on the vehicle in accordance with Federal and State vehicle safety regulations.
• Perform annual FMCSA inspections.
• Perform PM on refrigerated unit every 1,500 hours or once per year.
• Perform PM on liftgates every 90 days.
• Maintain current licensing of owned equipment.
  
  

Customer is responsible for the following:

• Deliver to a Milestone Trailer Leasing or approved vendor maintenance location each Vehicle requiring inspection, tire or brake replacement, maintenance, or repairs required to be performed by Lessor.
• Provide daily safety inspections and maintain proper axle lubricant levels, tire inflation and flat tire repairs, brake operation and lighting.
• Maintain the vehicle in the same condition as when it was rented/leased by the customer, excepting normal wear and tear, making all necessary repairs and replacements. All repairs must be completed according to Milestone repair specifications.
• Any modifications to Milestone Trailer Leasing units must be pre-approved in writing.
• Reimburse Milestone Trailer Leasing for tires damaged by improper inflation, impact breaks, running flat or flat spotted tires.
• All tires replaced on the road must be returned to Milestone Trailer Leasing facility for evaluation if Milestone is expected to pay for the tire.
• Reimburse Milestone Trailer Leasing for excessive tire wear for tread worn off in excess of 1/32 per 5,000 miles for bias and 1/32 per 10,000 miles for radial tires. Excess tread is to be charged at contract rate per 32nd.
• Reimburse Milestone Trailer Leasing for excessive brake wear for brake pads worn off in excess of 1/8 per 12,500 miles traveled. Excess brake wear shall be charged at contract rate per 8th.
• Reimburse Milestone Trailer Leasing for all repairs caused by customer damage as noted on the Turn-In Condition and Repair Standards unless repaired by customer.
• Pay Lessor the fair market value of tires supplied or paid for by Lessor that are not returned with the Vehicles.
• Provide copy of current FMCSA documentation (if performed by customer or vendor of the customer).
• Responsible to ensure each refrigerated unit receives PM servicing every 1,500 hours.
• Responsible to notify and make available each liftgate for PM servicing every 90 days.