What is TRAC Leasing?

TRAC, which stands for "Terminal Rental Adjustment Clause" Leasing is "THE" automotive financing solution for business owners.

Here are some important things to know about TRAC:

• A TRAC Lease is used for vehicles used more than 50% of the time in the trade or business of the Lessee (customer).

• A TRAC Lease is a unique version of the FMV lease. The risk and reward of ownership is transferred to the Lessee through the TRAC provision.

• A TRAC Lease has a preset residual value, virtually eliminating the Lessee’s exposure to a Fair Market Value settlement at lease maturity.

Advantages of getting on "TRAC"

• Seasonal terms and tax affected payment rates are available.

• Taxes, up fits, and the cost of accessory installation can be included in the capitalized cost of the lease.

• Services and conveniences other finance products simply do not offer.

Why You Should Consider a NMAC TRAC Lease

• All Nissan vehicles qualify.

• NMAC's lease terms are a clear advantage for credit-qualified borrowers.

• Favorable accounting treatments provide cash-flow benefits.

• Customer and dealer set the residual value with NMAC's approval.

• A one-stop shopping experience when ordering and arranging financing for vehicles.

Tax Advantages for Your Business

TRAC Leases are commonly considered off-balance sheet financing. This style of lease is generally treated as a 100% tax-deductible operating expense, not a capital expense. Consult your tax advisor for more information.