Commercial Vehicle Financing Guide TRAC Lease vs. Buying With Cash: Which Is Better for a Business? Paying cash for a commercial vehicle eliminates a monthly vehicle payment, but it also moves business capital into a depreciating asset. A TRAC lease takes a different approach by allowing a business to preserve more working capital while using […]
Ford CommerciaLease Protection Options Ford TRAC Lease Protection Options: GAP, Maintenance and Service Plans Ford CommerciaLease TRAC already provides businesses with a flexible commercial leasing structure. Eligible protection products may also be added to help manage financial risk, unexpected repairs and scheduled maintenance. The important distinction: Commercial GAPCoverage, Ford Protect service plans and maintenance plans […]
Ford Pro FinSimple Fleet Financing Ford Commercial Line of Credit and TRAC Leasing: How They Work Together Ford Commercial Line of Credit, or CLOC, can establish commercial credit for qualified businesses, while Ford CommerciaLease TRAC can be used to lease eligible commercial vehicles as those fleet needs arise. The simple way to think about it: […]
Ford Pro FinSimple Commercial Financing What Is a Ford Commercial Line of Credit (CLOC)? Ford Commercial Line of Credit, commonly called CLOC, gives qualified businesses a pre-established amount of commercial credit that can be used for eligible Ford vehicle purchases and leases as fleet needs arise. Why businesses use it: instead of treating every vehicle […]
Ford Commercial Vehicle Leasing How Are TRAC Lease Payments Calculated? A TRAC lease payment is influenced by several parts of the transaction, including the vehicle price, eligible commercial upfits, lease term, rate and the residual value selected for the vehicle. The important part: the residual value can reduce the amount being paid down during the […]
Ford Commercial Vehicle Leasing What Happens at the End of a TRAC Lease? At the end of a Ford CommerciaLease TRAC lease, a business may have several options, including keeping, selling, trading or replacing the vehicle. The key point: the business is responsible for the selected residual value, so lease-end planning should begin before the […]
Ford Commercial Vehicle Financing TRAC Lease vs. Financing: Which Is Better for a Business Vehicle? A TRAC lease and traditional commercial financing can both work well for business vehicles, but they are designed around different goals: planned replacement versus long-term ownership. The main question: Do you want to structure the vehicle around a residual and […]
Ford Commercial Vehicle Leasing TRAC Lease vs. Red Carpet Lease: What’s the Difference? Ford CommerciaLease TRAC and Red Carpet Lease are both ways to lease a Ford vehicle, but they are designed for very different types of use. Important terminology: Ford Credit generally refers to its traditional closed-end lease as Red Carpet Lease. In Ford […]
Ford Commercial Vehicle Leasing TRAC Lease With Commercial Vehicle Upfits A Ford CommerciaLease TRAC lease can allow eligible commercial upfits to be included with the vehicle, helping businesses finance the complete work-ready truck or van instead of looking only at the base vehicle. Vehicle + Upfit = Complete Work Vehicle. For many businesses, the shelving, […]
Ford Commercial Vehicle Leasing Benefits of a TRAC Lease for Business Vehicles A TRAC lease can give businesses more flexibility in how they acquire, operate and replace commercial vehicles while helping manage cash flow, mileage, upfits and future fleet needs. Ford Credit offers its TRAC lease through Ford Pro FinSimple under the CommerciaLease program. Why […]