Work smart with a customizable plan for your business.

CommerciaLease is an open-ended Terminal Rental Adjustment Clause (TRAC) lease program that allows flexibility to set the residual based upon business requirements.

Eligible vehicles

  • New/used
  • Cars through heavy duty trucks
  • CNG/propane autogas (LPG), bi-fuel, battery electric vehicles (BEV)
  • Upfit vehicles
  • High mileage and heavy use vehicles

Ineligible vehicles

  • Vehicles used for livery (for hire) operations
  • Emergency, fire and ambulance
  • Rental units
  • Federal, State or Local Government

Features

  • Flexible terms
  • No acquisition, up-front administration or termination fees
  • No mileage restrictions or penalties
  • No charges for excess wear and use
  • Upfits can be residualized
  • Combined billing

Standard Terms and Residuals Guidelines

% Based On Final Net Capitalized Cost:

24 mos.

50%

36 mos.

40%

48 mos.

30%

60 mos.

20%

Lease-end Options

You have several options at the end of your CommerciaLease:






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