Financing and Leasing Options

FINANCING

Available from NMAC, FINANCING might require a down payment, as well as monthly payments to pay the balance over the loan term.

SIGNATURE LEASE

Available from NMAC, the SIGNATURE LEASE is a close-ended, walk-away lease.

TRAC LEASE

Available from NMAC, the Terminal Rental Adjustment Clause (TRAC) LEASE is an open-ended lease with the option to buy at lease term end.

FINANCING

The monthly interest payment may be tax deductible as a business expense.[*]

SIGNATURE LEASE

The monthly payment, which pays only a portion of a vehicle's cost over the lease term, is deductible as an operating expense.[*]

TRAC LEASE

The monthly payment may potentially be deducted as an operating expense.[*]

FINANCING

Depreciation may be deductible for tax purposes.[*]

SIGNATURE LEASE

The vehicle price and residual[*] value at end of lease term determines the monthly payment amount.

TRAC LEASE

The vehicle price and residual value at end of lease term determines the monthly payment amount.

FINANCING

You own the vehicle outright and can continue to use it or sell it.

SIGNATURE LEASE

You can return the vehicle for disposition.[*]

TRAC LEASE

• Trade in the vehicle
• Return the vehicle for disposition
• Finance the residual amount to purchase the vehicle [*]

FINANCING

You can drive as many miles as you want.

SIGNATURE LEASE

• You can drive up to 15,000 miles per year or 1,250 miles per month.
• You are responsible for excessive mileage.

TRAC LEASE

You can drive as many miles as you want.

FINANCING

• No charges for vehicle wear and use, because you own it.
• Excessive wear will lower the vehicle's trade-in or resale value.[*]

SIGNATURE LEASE

• A normal amount of wear and use is covered.
• You are responsible for excessive wear.
• Excessive wear will lower the vehicle's trade-in or resale value.[*]

TRAC LEASE

• No charges for vehicle wear and use.
• TRAC Leases have no wear-and-tear clauses.
• Excessive wear will lower the vehicle's trade-in or resale value.[*]

FINANCING

• Customize with accessories and special equipment.
• Use it in a way that would disqualify the vehicle for a lease.

SIGNATURE LEASE

• Help avoid repair costs with a vehicle that is always under a limited warranty.
• Potentially pay lower total cost of ownership.
• Get flexible terms to match requirements of fleet management policies.

TRAC LEASE

• Take advantage of multiple terms and residuals per term.
• Customize your monthly payments to fit your budget needs.
• Include taxes, upfits[*] and the cost of accessory installation in the capitalized cost of the lease.
• Manage capital expenditures with multiple end-of-lease options