The Truck Leasing Experts -- Our 28th Year!
Truck Leasing New & Used
Box Trucks ●
Cargo Vans ● Delivery Trucks ● Step Vans
Moving Trucks ● Refrigerated Trucks ● Bucket
Trucks ● Tow Trucks/Wreckers
First Capital has a variety of
truck leasing and commercial vehicle leasing plans. All of our
truck leasing programs allow you to select the truck of
your choice, from the most capable & convenient truck
dealer of your choice. First Capital
does not sell trucks, rather we purchase
trucks from
the dealer that you select, at the price you have arranged and lease the truck
to you at low monthly payments spread over 36 to as long as 84 months.
Most of our truck leasing programs are "lease to own," allowing you to purchase the truck for $1, OR to return the truck with no additional payments due, OR to purchase the truck for its fair market value, at lease end.
NOTE: All truck leases are a minimum of 12 months. We do not offer short term, daily or monthly truck rentals.
Key Program Benefits: Local Dealers, Local Service, Local Relationships
First Capital
provides lease to own financing and TRAC leases for just about any truck or commercial
vehicle that meets your
business' needs,
from the dealer/seller of your choice, in the
location of your choice, and at
the price that you are quoted
from your dealer/seller. Our lease to own quote will be based on the
truck cost
that you provide to us.
To Receive a Truck Lease Quote NOW...
All you need for a quote is the dealer's price, make, model, year & approx. mileage. To get a Truck Lease Quote NOW!
Lease as on these type of trucks!
|
Box Truck |
Cargo Truck | Mini Vans |
| Tractors & Power Units* | Step Vans | Trailers |
| Propane Trucks | Fuel Oil Delivery Trucks | Passenger Vans |
| Bucket Trucks | Cargo Vans, Cube Vans | Tow Trucks / Wreckers |
| Cube Vans | Flatbed | Municipal Transit Buses |
| Aerial Platforms | Ambulance | Digger Derrick |
| Limousines | Pick-Ups | Automobiles (comm. use only) |
| Construction | Dump Trucks | Car Carriers |
| Refrigerated / Reefer | Buses & School Buses | Mini-Vans |
| Para Transit | Day Care Buses | Handicapped ADA Vans |
| Sewer | Vacuum Trucks | Cranes |
| Fire & Rescue [MORE] | Concrete Pumps | Water |
| Funeral Cars | Hearses | |
| Truck Leasing: GMC, Isuzu, Hino, Mitsubishi, Volvo, Peterbilt, Kenworth, Freightliner, Mack | ||
| Ford F150, F250, F350, F450, F550, F650 | ||
| FedEx Ground & Route Delivery Trucks | ||
Traditional
Truck & Commercial Vehicle Lease Options
We offer three basic types of leases:
Finance Lease ($1 Buyout) The "No-Restrictions Truck Lease" with these great benefits:
 |
UNLIMITED MILEAGE! |
|
NO MAINTENANCE REQUIREMENTS No "wear & tear" or conditions, clauses or restrictions. |
|
NO RESIDUALS (Nominal purchase option -- $1) |
| New or Used Vehicles -- No Problem! |
|
Install any equipment, paint, decal and/or modify vehicle as necessary. |
|
Purchase from ANY dealer of your choice--obtain the truck from the dealer most convenient to you. |
|
ONE PAGE APPLICATION to $75,000. |
Fair Market Value Lease (FMV) truck lease.
|
Lower, fixed monthly truck lease payments |
|
100% Tax Deductible as an operating expense (consult your tax profession) |
| Return the truck at the conclusion of the lease, OR purchase the truck for its Fair Market Value, OR continue to lease the truck. |
TRAC Lease
A TRAC lease is a special type of FMV truck lease that guarantees the end-of-lease residual price for the vehicle in advance. TRAC stands for (Terminal Rental Adjustment Clause). A TRAC lease allows the leasing company to calculate the end-of-lease residual upfront (unlike an FMV lease, where the FMV is calculated at lease end), based on the amount expected to be realized by the leasing company upon the sale of the leased vehicle which in turn allows for:
|
The LOWEST monthly truck lease payments. |
|
A TRAC lease generally offers 100% Tax deductibility (consult your tax profession) |
|
Highest truck residuals -- Up to 30% on new vehicles |
And a TRAC lease allows for:
|
Pre-determined end-of-lease truck valuations. |
|
Lower payments than equivalent conventional truck leases or loans. |
|
100% truck financing |
|
Minimizes AMT (Alternative Minimum Tax) ramifications as the lessor retains all depreciation, while passing on the lowest possible monthly lease payments to the lessee. |
More: The TRAC lease is a unique variation of the FMV lease in that the risk and reward of ownership is transferred to the lessee via the "terminal rental adjustment clause" at the start of the lease. This lease is generally treated as a 100% tax-deductible operating expense, not a capital acquisition. When the truck is returned, the lessee will be entitled to any sale value realized in excess of the projected residual value of the truck and similarly responsible for any shortfall below the projected residual value of the truck. (Such residual "pre-determined valuations" would automatically invalidate a traditional FMV lease)
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