Auto Lease Program

Is Leasing Right for You

There are significant advantages for choosing to go with a TRAC lease program, rather than purchasing.

  • Monthly payments are deductible as a business expense.
  • Can build equity in the vehicle over time. 
  • At the end of the term, you can choose to purchase the vehicle at a pre-agreed price or return the vehicle and share in any residual upside. However, if the vehicle is in worse condition than expected, its value could be less than the residual, resulting in an additional expense.

Advantages of a Frost Commercial TRAC Lease

Below are the unique benefits of a Frost Commercial TRAC Lease.

  • The residuals are set conservatively, creating a potential upside for your benefit.
  • The vehicle’s residual value is guaranteed, so the rentals paid may be lower than otherwise available.
  • Because the residual is guaranteed there are no mileage limitations or “adders” at the end of term.
  • The monthly payments or a portion thereof, may be tax deductible.

*member FDIC

Getting Started

Complete the online Commercial Lease Application (processed via secure server).

If your car, truck or SUV qualifies as a commercial vehicle, you now have another financing option available. Call your CPA or tax adviser with questions, then contact Phil Hornbeak at 713-843-7185 or

Equipment leasing is also available to HCMS members.