“I don’t want a plan that’s almost right. I want a plan that is right.”


Truck Leasing

Leases usually offer lower monthly payments than loans and may have tax benefits for your company as well1. We have several leases available to our customers. A brief overview of each follows, but to find out which is right for you, contact one of the financing specialists at your local dealer.

TRAC Lease1
Our Terminal Rental Adjustment Clause (TRAC) lease allows customers to establish the residual value of the vehicle at the beginning of the term. At lease end, customers may purchase the truck for its predetermined TRAC value or return it to DTF. If returned, and the truck exceeds the predetermined residual value, DTF will return the net proceeds to the customer. If the value is less, the customer is responsible for the difference. TRAC leases usually offer lower payments than retail finance structures and may have tax benefits as well.

Zero TRAC Lease1
The Zero TRAC lease operates similar to a TRAC lease but amortizes to zero. At lease end, customers may purchase the vehicle for its fair market value and DTF will credit the customer's payments to the purchase price — resulting in no out-of-pocket costs beyond potential sales tax that may be due depending on the state.*

Modified TRAC Lease1
Similar to a TRAC lease, the Modified TRAC lease provides a residual value and offers ownership opportunities at lease end with a specific dollar amount limitation of liability.

Municipal Financing
Our contracts are customized for municipalities, which may have unique needs beyond commercial customers. Our municipal financing experts can develop a program for your city, district, state or other qualifying municipality that meets the fiscal challenges of your budget to stretch available funds. We can help structure a program that lowers equipment acquisition costs by utilizing every available tax benefit, while providing low rates and flexible payment terms.2

Fair Market Value (FMV) Lease
Our most flexible program. At the end of the lease term, you may have the option to purchase the truck for its current Fair Market Value (plus other amounts or fees that may be due under the lease) or simply return the truck,(which is subject to inspection and certain return conditions and mileage restrictions).

1. Consult with your accountant or tax advisor for any accounting and tax implications with TRAC, Zero TRAC and Modified TRAC leases.

2. An entity must meet IRS requirements for a municipality to take advantage of municipal financing benefits. Consult your tax advisor for any tax implications.

* In some states this is a taxable transaction at lease end. Check with your tax accountant for details.

“Daimler Truck Financial was eager to work with me to create a financial plan that made sense.”