Additional Leasing Options

In addition to Full Service Leases, we've worked with Premier PacLease to make available additional leasing options. These options include:

Finance Leases

For many, leasing has become an attractive financing alternative. Under current tax laws, our Finance supplier will create lease plans which can pass tax benefits on to you. Plus, depending on the type of lease you choose, you'll have the right to buy, sell or turn back your equipment at lease end.

  • Fixed or variable rate
  • 100% advance (based on credit approval)
  • Lower payments
  • Tax deduction Benefits
  • Minimize initial cash investment
  • Free up working capital
  • Preserve borrowing capacity
  • Improve cash flow

TRAC and Modified TRAC (Terminal Rental Adjustment Clause) Lease:

Pay a set monthly payment, then upon lease end, return or purchase it for its TRAC value. If the vehicle exceeds the preset residual value, Finance Company returns 100% of the excess proceeds. If the value is less, you're responsible for the difference. A Modified TRAC lease limits your liability for any residual short-fall and you may be able to obtain "off-balance sheet" treatment.

Fair Market Value Lease:

Fair Market Value or "walk-away" leases feature a fixed monthly payment and tax advantages can apply. At the end of the lease, purchase the vehicle for its current fair market value, or simply return the truck (return is subject to certain return conditions and mileage restrictions).

Variable Rate Lease (structured as a TRAC or FMV lease):

A Variable Rate lease is less sensitive to interest rate fluctuations than a comparable loan product, thanks in part to accelerated tax benefits. It typically offers a significantly lower initial payment than a comparable fixed-rate lease and payments are adjusted every six months to reflect the market. Customers can "lock in" an interest rate at any time, converting the lease to a fixed-payment finance program.

For more information on any of these leasing options, please contact

Adam Gaines
Premier Paclease LLC
255 N Sherman Avenue
Madison, WI 53704-4448
608-576-2231
877-693-3111
argaines@e-trux.com