We have a large inventory of oil tank rail cars for lease which include 20,800 general purpose tank cars to 23,500 insulted coiled tank railcars to 25,500 insulated coiled tank rail cars to 28,371 insulated coiled tank rail cars to 31,800 general purpose tank cars. Due to the significant demand for oil tank rail cars we will require a deposit if you are interested in locking in a lease and delivery date for our oil tank rails. We do have both new and used oil tank railcars for lease and have additional oil tank cars for lease which continue to believer now and into late 2014 and we will continue to order oil tank rail cars and have oil tank railcars for lease.
We have flexible leasing terms for our oil tank rail cars as we can offer short term leases (60 – 120 days) or long term leases. Please be forewarned that our short term lease rates for our oil tank cars are expensive as they allow shippers to take advantage of differentials when they swing an additional $10-$15/bbl.