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Truck Leasing New & Used

Box Trucks ● Cargo Vans ● Delivery Trucks ● Step Vans
Moving Trucks ● Refrigerated Trucks ● Bucket Trucks ● Tow Trucks/Wreckers


truck leasing, cargo van leasing, box truck, delivery trucks, commerical vehicle leasingFirst Capital has a variety of truck leasing and commercial vehicle leasing (financing) plans.  All of our truck leasing programs allow you to select the truck of your choice, from box trucks to bucket trucks--all 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 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 financing is for a minimum of 24 months. We do not offer short-term truck rentals. (i.e. daily or monthly)


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 bucket truck leasing cable utility truck leasingbusiness' 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 Leasing

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 Straight Truck Leasing 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 Truck Leasing Cranes
Fire & Rescue [MORE] Concrete Pumps Water
Funeral Cars Hearses Expedite Truck
Truck Leasing: GMC, Isuzu, Hino, Mitsubishi, Volvo, Peterbilt, Kenworth, Freightliner, Mack
Ford Leasing F-150, Ford F-250, Ford F-350, Ford F-450, Ford F-550, F650
FedEx Trucks Ground & Route Delivery, Expedite 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:




NO MAINTENANCE REQUIREMENTS No "wear & tear" or conditions, clauses or restrictions.


NO RESIDUALS ($1 Purchase Option)


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.


(Or lease any amount under our Commercial Truck Lease

(Terms to 72 months. Age + term = < 7 yrs. total on light trucks, < 10 years on heavy trucks & trailers. Some exceptions) 


Fair Market Value Lease (FMV) truck lease.  


Lower, fixed monthly truck lease payments


May be 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" (TRAC) 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 "pre-determined residual" valuations would automatically invalidate a traditional FMV lease for IRS purposes, but are acceptable in a TRAC structure.


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