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Truck Leasing |
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Truck
Leasing Company |
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Partial listing of the type of trucks we finance! |
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Box Truck Leasing |
Cargo Truck | Mini Vans |
Tractors & Power Units* | Step Vans | Trailers |
Propane Trucks | Fuel Oil Delivery Trucks | Passenger Vans |
Bucket Trucks | Cargo Vans, Cube Vans | Tow Trucks / Wreckers |
Cube Vans | Flatbed | Municipal Transit Buses |
Aerial Platforms | Straight Truck Leasing | Digger Derrick |
Limousines | Pick-Ups | School Buses |
Construction | Dump Trucks | Car Carriers |
Refrigerated / Reefer | Buses & School Buses | Mini-Vans |
Para Transit | Day Care Buses | Handicapped ADA Vans |
Sewer | Vacuum Truck Leasing | Cranes |
Fire & Rescue [MORE] | Concrete Pumps | Water |
Funeral Cars | Hearses | Expediter Truck |
Truck Leasing: GMC, Isuzu, Hino, Mitsubishi, Volvo, Peterbilt, Kenworth, Freightliner, Mack | ||
Ford Leasing F-150, Ford F-250, Ford F-350, Ford F-450, Ford F-550, F-650 | ||
FedEx Trucks Ground & Route Delivery Contractors, Expediter Trucks | ||
NOTICE: All brand names or model names are mentioned "for example" only and are the property of the respective trademark owners. First Capital Equipment Leasing Corp (FCELC) is NOT a dealer, representative, reseller for or in any way affiliated with any seller of trucks or related equipment. FCELC DOES NOT SELL ANY TYPE OF TRUCKS OR EQUIPMENT, REPRESENT OR ACT FOR, OR AT THE DIRECTION OF ANY SELLERS of vehicles or equipment, manufacturers, or dealers, nor does FCELC received remuneration or consideration of any type from any sellers. |
3 Types of Truck & Commercial Vehicle Leases:
1) Finance Lease - Lease to Own ($1 Buyout) "No-Restrictions Truck Lease" with great benefits:
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UNLIMITED MILEAGE! |
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NO MAINTENANCE REQUIREMENTS No "wear & tear" or condition restrictions. |
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NO RESIDUALS ($1 Purchase Option) |
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New or Used Vehicles -- No Problem! |
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Install any equipment, paint, decals and/or modify vehicle as necessary. |
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Purchase from ANY dealer of your choice. |
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ONE PAGE APPLICATION to $75,000. |
2) Fair Market Value Lease - ("FMV") Truck Lease.
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Lower, fixed monthly truck lease payments |
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May be 100% Tax Deductible as an operating expense (consult your tax professional) |
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Return the truck at the conclusion of the lease, OR purchase the truck for its Fair Market Value, OR continue to lease the truck. |
3) TRAC Lease
A TRAC lease is a special type of FMV truck lease that guarantees the end-of-lease residual price for the vehicle in advance. TRAC stands for (Terminal Rental Adjustment Clause). A TRAC lease allows us to calculate the end-of-lease residual (buyout) at the beginning unlike an FMV lease. CALL for details on TRAC leases.
A TRAC lease provides these additional
benefits:
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The LOWEST monthly truck lease payments. |
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A TRAC lease generally offers 100% tax deductibility (consult your tax professional) |
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Highest truck residuals -- Up to 30% on new vehicles |
And a TRAC lease allows for:
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Pre-determined end-of-lease truck valuations. |
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Lower payments than equivalent conventional truck leases or loans. |
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100% truck financing |
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Minimizes AMT (Alternative Minimum Tax) ramifications as the lessor retains all depreciation, while passing on the lowest possible monthly lease payments to the lessee. |
More: The TRAC lease is a unique variation of the FMV lease in that the risk and reward of ownership is transferred to the lessee via the "terminal rental adjustment clause" (TRAC) at the start of the lease. This lease is generally treated as a 100% tax-deductible operating expense, not a capital acquisition. When the truck is returned, the lessee will be entitled to any sale value realized in excess of the projected residual value of the truck and similarly responsible for any shortfall below the projected residual value of the truck. (Such "pre-determined residual" valuations would automatically invalidate a traditional FMV lease for IRS purposes, but are acceptable in a TRAC structure.) TRAC lease generally require somewhat stronger credit.
(24 Month minimum. We DO NOT offer daily, monthly or short term rentals/leases)
Call Us 800-541-0114 | |
Contact Us Via Email |
Questions: Ask Us |
www.Municipal-Leasing.com l www.Police-Lease.com
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