Trailer Leasing

What are the biggest advantages of leasing a trailer with Nucar Commercial?

  • Lower monthly payments – On average lease payments are 120$ cheaper per month than traditional finance payments.
  • Build and design your trailer from the ground up – When leasing with Nucar Commercial you have the ability to have your trailer built to your exact specifications.
  • Minimum cash outlay – Most asset financing agreements require a 20% to 30% down payment. However when leasing, there is usually no down payment except for a security deposit and the first/last months lease payment.
  • Leasing is easier – Compared to traditional finance agreements the terms of a lease agreements a simpler and take less time to close because there’s no equity in the underlying asset.
  • Savings – When leasing a trailer with Nucar Commercial you only pay for the time you use the trailer, not the entire trailer. This allows your business to exceed capacity restraints without the burden of purchasing new trailers.
  • Short term leasing/rental – When leasing with Nucar Commercial you can lease a trailer for as little as 30 days.
  • Reduced maintenance costs – When leasing with Nucar you have access to maintenance plan subscriptions as well as discounted routine maintenance services such as wheel repair services, tire replacement/repair services, brake services & other routine maintenance services.

  • What are the biggest disadvantages to trailer ownership?

    1. Depreciation – On average a new vehicle or piece of equipment loses 11% percent of its value the moment you leave the lot, and during the first five years the vehicle/equipment depreciates 15% to 25% percent per year, and if that doesn’t scare you enough on average after five years your vehicles/equipment will only be worth on average 37% percent of what you paid for it.
    2. The cost of maintenance– As your Trailer ages, it will become increasingly expensive to maintain, especially if it is out of warranty, meaning all repair costs come out of pocket.
    3. Negative Equity – Because of the effects of depreciation your equipment can be worth significantly less than what you paid for it. However when leasing with Nucar Commercial your business will not be exposed to this risk.
    4. Depleting your cash reserves – When purchasing new trailer(s) you must either pay cash or finance your new trailer(s), both of which can induce significant financial strain to your business. However when leasing you only pay a fraction of what ownership costs allowing your business to minimize risks.

    What types of Leases does Nucar Commercial Offer?

    What is a T.R.A.C Lease? and How does it work?

    1. A T.R.A.C. Lease works by the lessee (your company) agree to lease the vehicle(s) for a minimum term of 12-months, with a predetermined amount of depreciation. After the minimum term of the lease is fulfilled your company can terminate the lease at any time or continue through the life of the entire lease agreement.
    2. The lessor (Nucar) then sells the vehicle(s) if the vehicle is sold for a greater than the predetermined depreciation Nucar reimburses you the differences from the sale of the vehicle; however, if the vehicle(s) sale is less the predetermined depreciation amount than your company must reimburse Nucar for the difference from the sale of the vehicle(s).
    3. T.R.A.C Leasing does not carry any mileage restrictions allowing your company to operate your vehicles as often as needed.

    What are the benefits of a T.R.A.C Lease?

    1. Purchase Option – With a T.R.A.C. Lease you’re not obligated to purchase the vehicle, however, you have the option to purchase it, continue through the term of the lease, or the vehicle must be sold, unless specified in your lease contract.
    2. No mileage restrictions – A T.R.A.C. lease allows you to drive as many miles as required for your business operations.
    3. Minimum Cash Outlay – While traditional vehicle financing often requires customers to make a down payment of 20% to 30%, Leasing with Nucar usually requires no down payment, only a security deposit and/or last month’s payment.
    4. Payment Flexibility – When Leasing with Nucar your business will have payment flexibility, we’ll work with you to custom build a payment plan that works best for your business.
    5. Lower Monthly Payments – A finance lease with Nucar will allow your business to make a lump-sum payment amount at the end of your lease thereby significantly lowering your monthly payments.
    6. The vehicle is not an asset of your company only an expense, this allows your company to operate the necessary vehicles without company credit being tied down.
    7. The ability to break the lease after a minimum specified term.
    8. Conservation of Your Companies Credit – Leasing with Nucar allows your business to retain its credit so other large assets may be purchased.
    9. Payment Flexibility – When Leasing with Nucar your business will have payment flexibility, we’ll work with you to custom build a payment plan that works best for your business.
    10. Maintenance Costs – Nucar can create a custom maintenance plan, tailored to your specific needs that will maximize fleet uptime while simultaneously minimizing fleet downtime. Allowing your vehicles to operate at maximum capacity.

    What is a Finance Lease?

    1. A Finance Lease, is a lease contract you will purchase the Car, Truck or Equipment at the end of the lease. The price paid for the vehicle at the end of the lease depends on the number of payments made over the life of the life, the number monthly payments made over the life of the lease and the Car, Truck or Equipment value at the end of the lease.
    2. Higher monthly payments can cover the entire purchase price of the Car, Truck, or Equipment. If the monthly payments cover the entire price of the vehicle, the vehicle is purchased for $1.00 at the end of the lease. However, if the monthly payments do not cover the entire value of the vehicle that the vehicle must be purchased at fair market value, or a previously agreed upon dollar amount.

    What are the advantages of a Finance Lease?

    1. Conservation of Your Companies Credit – Leasing with Nucar allows your business to retain its credit so other large assets may be purchased.
    2. Payment Flexibility – When Leasing with Nucar your business will have payment flexibility, we’ll work with you to custom build a payment plan that works best for your business.
    3. Lower Monthly Payments – A finance lease with Nucar will allow your business to make a lump-sum payment amount at the end of your lease thereby significantly lowering your monthly payments.
    4. Minimum Cash Outlay – While traditional vehicle financing often requires customers to make a down payment of 20% to 30%, Leasing with Nucar usually requires no down payment, only a security deposit and/or last month’s payment.
    5. Maintenance Costs – Nucar can create a custom maintenance plan, tailored to your specific needs that will maximize fleet up-time while simultaneously minimizing fleet downtime. Allowing your vehicles to operate at maximum capacity.
    6. Having the ability to purchase a vehicle without putting your companies credit at risk.

    What is a Closed End Lease?

    1. A Closed-End Lease is lease contract in which your business will lease a vehicle for a fixed amount of time for a fixed monthly payment. Once the term of your Closed-End Lease is complete you will have the option to purchase vehicle. However; at the end of your lease you’re not obligated to purchase the vehicle.

    How will a Closed End Vehicle Lease Benefit my Business?

    1. A Closed-End Lease will allow your company to mitigate the costs & risks of vehicle ownership while still operating new vehicles. A Closed-End Lease allows your business to operate a vehicle(s) for a fixed term and fixed monthly cost. Allowing your business greater cost predictability.
    2. Saving money – When purchasing a new car or truck you must pay for the entire vehicle, however, when leasing with Nucar you only pay for the time you use your vehicle.
    3. Flexible Mileage Programs –When working with Nucar we can custom create a plan that fits your businesses exact mileage needs allowing your business the operational freedom it needs to be successful.
    4. The option to purchase the Car or Truck at the end of your lease
    5. When leasing with Nucar you’ll have the option to purchase the vehicle at the end of your lease, however; you’re under no obligation to purchase the vehicle.
    6. While Closed-End Leases also carry mileage restrictions but also offer greater stability over the life of the lease allowing for predictable maintenance costs.
    7. Closed End Leases are perfect for fleets with mileage or route predictability, allowing your company to save money by paying for the miles you drive.
    8. Predictable maintenance schedule – Because your business will be operating newer equipment you won’t have to worry about the high costs of maintaining a seasoned fleet of vehicles.
    9. Predictable Maintenance Costs – When leasing with Nucar you have the option to opt into a maintenance program that fits the specific needs of your business.