TRAC Lease

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:

 

• Extend the term of your CommerciaLease agreement

• Buy out the CommerciaLease

• Purchase or lease a new Ford vehicle and trade in your current vehicle

• Terminate your vehicle. You will need to schedule a vehicle-return appointment with your originating dealer

NOTE: You are responsible for any difference between the balance owed and the selling price (including any costs incurred to sell the vehicle as agreed upon in your Master Lease Agreement).