A Terminal Rental Adjustment Clause (TRAC) program is an open-end lease limited to motor vehicles and trailers. TRAC leases are unique in that federal tax rules permit a Rental Adjustment (cash rebate or deficiency) back to you at lease termination and still be considered a "true tax" or operating lease. At the beginning of the lease, you and Beacon Funding will agree on a lease-end purchase price which will determine your monthly payments. At the end of the lease, you can purchase the vehicle for this amount, or turn the vehicle in and be eligible for a Rental Adjustment.
* TRAC lease only available on qualified motor vehicles and trailers.
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