Leasing - The Pete Store

Is Leasing Right For Me?

If you’ve ever considered leasing a commercial truck, look no further than The Pete Store!

Leases are great for conserving cash flow, and possibly lowering your monthly payment.

Our wide variety of leasing options have helped thousands of customers find the perfect vehicle for their needs.

Simplify the Buying Cycle with Flexible Lease Options From The Pete Store

Managing truck purchases can be a challenge, especially with changing emissions regulations impacting resale values. The Pete Store's lease programs offer solutions to streamline the buying cycle and navigate uncertain resale markets.

Our flexible commercial truck leasing options include:

Fair Market Value (FMV) Lease

Predictable monthly payments based on your desired term, mileage, and usage.

Choose to return, renew, or purchase the truck at fair market value at the end of the lease (24-60 months).

Benefits include:

Improved cash flow with lower payments, and potential off-balance sheet financing.
A consistent buying cycle regardless of market fluctuations.
Driver satisfaction with a well-equipped truck.

Terminal Rental Adjustment Clause (TRAC) Lease

Qualified customers receive lower monthly payments compared to loans with a guaranteed residual value at lease end.

Choice one of three options at lease termination: refinance, pay off, or return the truck (responsible for any difference between residual value and sale price).

Modified TRAC Lease

Similar to TRAC, with a residual value and ownership opportunities at lease end.

Offers flexible terms and residuals to suit your needs and equipment type.

Often qualifies for true off-balance sheet treatment due to The Pete Store's risk participation.

Municipal Lease

Ideal for tax-exempt entities like municipalities.

Attractive tax-exempt rates, flexible terms, and fixed payments based on current prices.

No prepayment penalties, and purchase option for $1 at lease maturity.

We're Here to Help!

The Pete Store’s experienced leasing team not only provides the industry’s best customer service, but also these advantages:

Competitive Rates
Fast & Easy Approvals
Expert Guidance

We Make Doing Business with Us Easy!

The Pete Store is really not in the truck business, we are in the people business! Our highly knowledgeable and experienced leasing team can help you accomplish your business goals.

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