TRAC Lease

A LEASE PLAN TAILORED TO MEET YOUR BUSINESS NEEDS.

 

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).

 

Contact

Courtesy Ford Lincoln

401 Pleasant Valley Blvd.
Directions Altoona, PA 16602

  • Sales: (814) 942-3000
  • Service: 814-942-3000
  • Parts: 814-942-3000

Hours

  • Monday 9:00AM - 9:00PM
  • Tuesday 9:00AM - 9:00PM
  • Wednesday 9:00AM - 9:00PM
  • Thursday 9:00AM - 9:00PM
  • Friday 9:00AM - 9:00PM
  • Saturday 9:00AM - 6:00PM
  • Sunday Closed
; ;