Terminal Rental Adjustment Clause (TRAC) Lease
The Terminal Rent Adjustment Clause or TRAC Lease is a special lease purchase option offered to qualified customers. This option provides a lower monthly payment to the customer when compared to a standard loan and a set residual value at the conclusion of the lease.
TRAC leases also offer three options for you at the end of your lease – the residual amount may be re-financed, paid off, or the truck can be returned and sold for fair market value. If the truck sells for less, you will owe the difference.
How the TRAC Lease Compares
- Lower monthly payment compared to loans
- Pre-determined residual price
- Lessee responsible for residual
- No off-balance sheet financing 1
- No return conditions
Need A Financial Program That Considers Your Business Needs?
PACCAR Financial offers financing options tailor-made to meet the needs of your business.
Special OffersThe Best Used Trucks In America. We Should Know – We Built Them.
See what your local PACCAR Financial Used Truck Center has to fit your needs and when our next used truck auction will be held.
Visit Used TrucksKeep Your Business Moving Forward With PacLease.
Our customized full-service leasing packages allow you to focus on your own business, while we take care of your fleet.
Visit PacLease