CONCEPT #89 OF 100 · Logistics, Freight & Customs · LAYOUT: executive_draw_ledger
Commercial Fleet Master Lease Agreement (Open-End TRAC) & Upfit Amortization
Standard / Reference: 26 U.S.C. § 7701(h) (Qualified Motor Vehicle TRAC Lease) · UCC Article 2A Commercial Leases
Why professionals use this template: 10,400/mo search demand: commercial fleet lessors and trade contractors leasing 5–100 service vans needing IRC § 7701(h) open-end TRAC leases with monthly depreciation reserves, shelving upfits, and 20% terminal residuals.
144-DPI VECTOR PREVIEW · PAGE 1 OF 1
ACROFORM READY
Included Financial Metrics & Line-Item Schedule
Target Roles: Commercial Fleet Lessors, HVAC/Plumbing Service Fleets & Regional Delivery Operators · Search Keywords: commercial fleet trac master lease agreement template pdf, terminal rental adjustment clause trac lease, commercial service van upfit lease schedule, irc 7701h qualified motor vehicle lease
LEASED FLEET SCHEDULE
15x 2026 Ford Transit 250 HR
TOTAL CAPITALIZED COST
$750,000.00 ($50,000/Unit)
MONTHLY DEPR RESERVE
1.85% / Mo (48-Mo Term)
TOTAL MONTHLY FLEET BILL
$18,450.00 ($1,230/Unit)
| CODE | DESCRIPTION & TECHNICAL SPECIFICATION | BASIS / QTY | AMOUNT / DELTA |
|---|---|---|---|
| TRAC-DEP | Monthly Capitalized Cost Book Depreciation Reserve (1.85%/Mo across $750,000 Fleet Basis) | 15 Units @ $925 | $13,875.00 / Mo |
| TRAC-FIN | Commercial Lease Money Factor & Floating SOFR Treasury Administration Charge | 15 Units @ $225 | $3,375.00 / Mo |
| TRAC-UPF | Amortized Adrian Steel HVAC/Plumbing Bin Package, Drop-Down Ladder Racks & Bulkhead | 15 Units @ $80 | $1,200.00 / Mo |
| TRAC-RES | IRC § 7701(h) Terminal Rental Adjustment Clause Residual Target (11.2% Book Value @ Mo 48) | End-of-Term TRAC | $84,000.00 Residual |
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