Leasing Options

Lease Financing

Donlen’s customized leasing programs are designed to give you all the flexibility you enjoy in owning your vehicles while allowing you to leverage the financial advantages of leasing.
Our knowledgeable professionals can provide you with an in-depth analysis of your needs to help determine which program is the most beneficial and cost-effective for your fleet. We also offer choices in funding indexes:

• Floating interest rate — Based on short-term commercial paper rates, floating rates provide substantial savings when compared to more traditional financing programs. Our customers have the added flexibility to convert from a floating rate to a pre-established fixed rate after a 30-day notice.
• Fixed interest rate — Fixed rates are based on U.S. Treasury interest rates that are set upon delivery and fixed for the term of the vehicle lease.

Open-End Lease

Donlen specializes in offering an Open-End Lease, one of the most efficient and economical methods of vehicle financing. The Open-End Lease has been the product of choice for a majority of corporations in the U.S. It combines the flexibility of ownership with the cash flow and tax benefits of leasing. Open-End Lease benefits include:

• No over-mileage penalties
• No wear-and-tear fines
• Freeing up of other credit lines
• On or off balance sheet flexibility
• Maximizing free cash flow

TRAC Lease

For over-the-road cars, trucks, and trailers, Donlen offers the Open-End TRAC (Terminal Rental Adjustment Clause) Lease. This is the most common type of lease for business owners who want all the flexibility of ownership and all of the benefits of leasing:

• Free up existing cash or credit lines for other business needs
• Off balance sheet flexibility for leased assets
• Minimize up-front sales tax costs
• Expense monthly rental payments
• Maximize deductibility in AMT situations
• Improve financial ratios

Through FleetWeb®, our clients have extensive reporting capabilities of all fleet asset data. Each time they log in, clients can view how many vehicles they have, which programs they are on, and the number of units on order and pending sale. One-click capabilities link to details for each vehicle, and additional data is generated for more reports.

Reduce your leasing costs and get unparalleled access to low-mileage, high-quality, pre-driven vehicles from a potential pool of more than 300,000 Hertz vehicles.

Broader selection. Reduced leasing costs. Faster delivery times. Hertz Value Lease™ provides you with options never before seen in the fleet management industry.