TRAC Lease Information (for commercial customers only)

Commercial Vehicle Financing Specialists

Crescent Ford Trucks and Ford Credit's team of commercial lending specialisits are dedicated to servicing businesses like yours, helping you manage your business and maximize profits. We offer many innovative financial services to meet your needs: CommerciaLease, CommerciaLease Plus, Purchase Plan, Municipal Lease Plan, Daily Rental & Lease Financing, Specialty Vehicle Financing, Medium & Heavy Truck Financing.

The Benefits of CommerciaLease

Consider the many benefits of Ford Credit's CommerciaLease program:

Lower monthly payments preserve working capital
Consolidated monthly billing statement makes bill paying easier
Flexible terms and residuals to fit your payment needs and cash flow requirements
No down payments
Vehicle lines of credit, making vehicle replacements or additions convenient and hassle-free
TRAC (open-end) and Net (closed-end) leases available
May qualify as off-balance sheet financing
Payments may be tax deductible (consult your tax advisor)
Availability of Extended Service Plan (Ford ESP)

TRAC Terms

Car and truck financing - 12 to 60 months
Residual value - you set residual value on TRAC leases; Ford Credit determines residual value on Net leases
Insurance requirements- $300,000 combined single limit for cars and light trucks
$500,000 combined single limit for medium/heavy trucks
$1 million combined single limit for tractors (deductible $1000 cars and light trucks; $2,500 medium/heavy trucks).

TRAC Eligibility

Customers who have acceptable creditworthiness and the financial strength to support the leasing of vehicles.
Vehicles must be used for commercial purposes at least 50% of the time. Includes all makes and models of new cars, light trucks and medium/heavy trucks.
Usage is limited to commercial purposes only. Units used for livery, rental or driver education are not eligible.