FAQ'S

Q: Can I add aftermarket equipment to the vehicle?

A: Yes. We work primarily with commercial clients operating fleet vehicles, our clients routinely require additional equipment beyond what it available from the factory, some examples are; Service Bodies, Toolboxes, Ladder Racks, Shelving Systems, Flatbeds and more.

Q: Can upfit expenses be included in my lease?

A: Yes. In most cases, upfit expenses can be capitalized and residualized in your lease.

Q: Do I have flexibility with the term length that I can lease a vehicle for?

A: Yes. Terms can generally be 12-72 months. We will work with you to do an expert review of your fleet operations and provide an analysis of lifecycle management to assist in determining an appropriate term length to meet the needs, goals and objectives of your operation.

Q: Can I provide input to help determine the vehicles projected residual value?

A: Yes. Unlike other lease types, our Commercial Open-end TRAC lease allows you the ability to set the residual value that you are responsible for to as little as $1.

Q: How does your Commercial Open-end TRAC lease differ from a close-end lease like I might have on my personal vehicle?

A: In a close-end lease, the lessor soley determines residual value and typically restricts mileage and sets strict standards on the condition of the vehicle at the end of the lease term, you would expect to be penalized and charged for excess mileage and wear.

In our Commercial Open-end TRAC lease, the lessee is responsible for the residual value and has the flexibility to set it as low as $1. There are no restrictions, penalties or charges for excess mileage and wear but they may impact residual value.