Fleet Sales Financing
Net (Closed-End) Lease: Lease term is established based on projected mileage, application and specifications. You simply return the vehicle to the dealer at lease end and "walk away".
TRAC (Open-End) Lease: Lease term is established based on projected mileage, application and specifications. Customer responsible for residual at lease-end.
Program Overview: Ford Credit's Municipal Finance Program is the ideal approach to acquiring capital equipment within tight budget constraints. Our Municipal Lease Plan combines the benefits of leasing and purchasing with special features designed to handle the challenges facing municipal fleet managers.
How It Works: The Ford Credit Municipal Finance Program is a lease/purchase agreement that resembles a conditional sale or an installment purchase transaction. The program is a source of medium-term, tax-exempt financing designed as an alternative source of funds to acquire capital equipment.
Dealer Role in the Program: Dealers are responsible for communicating the program to their municipal prospects. Once the contact is made, Ford Credit will assist the dealer by providing prompt lease quotations over the phone. To obtain financing proposals for municipal vehicles, call toll-free: (800) 241-4199
Further Information: For a list of eligible entities and vehicles, along with answers to frequently asked questions, consult the Ford Credit Municipal Finance Program brochure, or call toll-free: (800) 241-4199
Also, visit our website at http://www.fordcreditmunicipal.com