Commercial Fleet Leasing Services

Find a Leasing Service That Fits Your Business

Capital Lease

A Capital Lease provides the cash-flow benefits of leasing while treating the vehicle much like an owned asset on your books. Tax treatment may vary based on your specific situation.

Best suited for: Businesses that want the accounting treatment of ownership while preserving cash by leasing.

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TRAC Lease

A TRAC, or Terminal Rental Adjustment Clause, is an open-end lease designed for business use. The residual value is established at the lease’s inception, with the final vehicle value determining the lease-end outcome.

If the vehicle sells for more than the agreed residual value, the gain is returned to the lessee.

Best suited for: Businesses seeking an operating lease structure with greater flexibility at the end of the lease.

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Closed-End Lease

A Closed-End Lease, sometimes called a walk-away lease, provides a more predictable lease-end experience. The lessee can return the vehicle at the end of the agreed term, subject to the terms of the lease.

This structure is commonly used when annual mileage and vehicle use can be reasonably predicted.

Best suited for: Businesses with predictable annual mileage that want a straightforward, walk-away lease-end.

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What Makes Foust Fleet Leasing Different?

Typical leasing approach and Foust Fleet Leasing approach comparison
Comparison item	Typical Leasing Approach	Foust Fleet Leasing Approach
Understand Your Needs	Start with the lease structure.	Start with your business, vehicles, and how you use them.
Find Your Vehicles	Choose from available vehicle options.	Foust Fleet Leasing helps locate vehicles, research pricing, and negotiate through its dealer and purchasing network.
Choose Your Lease	Select a standard lease structure.	Compare Capital, TRAC, and Closed-End options based on your business and vehicle needs.
Keep Your Fleet Flexible	Work within the selected vehicle and lease.	Accommodate different makes, models, and vehicle types as your business needs change.
Manage Your Fleet	Handle ongoing fleet needs separately.	Get support with fueling, tracking, tagging, taxes, servicing, maintenance, and upfitting.
Plan for Lease-End	Return or dispose of the vehicle according to the lease terms.	Get support with vehicle disposition, replacement, or re-leasing.

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Compare Lease Options*

Compare Capital Lease, TRAC Lease, and Closed-End Lease options
Comparison item	Capital Lease	TRAC Lease	Closed-End Lease
Lease Type	Ownership-style treatment	Open-end	Closed-end
Primary Use	Business	Business	Business / predictable-use needs
Lease-End Structure	Ownership-oriented	Residual value adjustment	Vehicle return
Mileage Limits	No mileage limitations stated by Foust Fleet	No mileage limitations stated by Foust Fleet	Based on agreed mileage/use
Best For	Businesses seeking ownership-style treatment	Businesses wanting greater lease-end flexibility	Businesses seeking a more predictable return process

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Search Foust Fleet

Explore Foust Fleet

Commercial Fleet Leasing Options for Your Business

Find a Leasing Service That Fits Your Business

Capital Lease

TRAC Lease

Closed-End Lease

What Makes Foust Fleet Leasing Different?

Compare Lease Options*

Still not sure which option fits your needs?

Match Your Fleet Needs With the Right Leasing Option

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