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Updated about 4 years ago on .

User Stats

20
Posts
5
Votes
Michael Johnson
  • Real Estate Broker
  • Charlottesville, VA
5
Votes |
20
Posts

TRAC Vehicle Lease for Realtors

Michael Johnson
  • Real Estate Broker
  • Charlottesville, VA
Posted

I own a family run property management business. There are 4 family members and we all put a lot of miles on our vehicles driving from showing to showing and property inspection to property inspection. If we purchase a vehicle, we are quickly underwater because of the high miles. If we lease a vehicle, we pay a small fortune for the extra miles when we return the car in 3 years. Today, someone suggested a TRAC Lease. Does anyone know the pros and cons of a TRAC Lease?