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THE TRAC LEASE FOR BUSINESS CUSTOMERS
The TRAC Lease for business customers is a closed-end commercial lease product offering competitive pricing and terms for predictable-use Chevrolet, Buick, GMC and Cadillac vehicles and may provide lower monthly payments and shorter terms than typical APR contracts. In some cases, lease expenses can be written off. Please consult with your tax advisor for guidance.
For more information on Commercial Vehicle Lending contact us!
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TRAC OPTIONS
Eligible Units
- New Vehicles, GM only
- Used Vehicles, GM and non-GM
- Current plus two prior model years
Uplifts
- Invoice of quote must be submitted prior to credit decision
Ineligible Vehicles
- Livery units
- Rental units
- Municipal use vehicles
Payment Structure
- Monthly payments only
- Advance payments only
- $7,500 minimum amount to finance
Why The Right TRAC?
Simplicity
- Uses The TRAC Lease for Business contract: same titling, funding and servicing
- No DMS programming anticipated
- GAP coverage included
- Competitive rates
- No security deposit
- Rebates and bonus cash options can be used, if applicable
- Compatible with Lines of Credit
- Medium-duty vehicles are eligible
- Preestablished price at lease maturity