The Car and Truck Fleet and Leasing Management Magazine

2007 AFLA Annual Meeting to Focus on “Turning Change into Opportunity”

December 11, 2006

ST. PAUL, MN – The Automotive Fleet & Leasing Association’s (AFLA) 2007 Annual Conference, themed “Turning Change into Opportunity,” will be held Sept. 5-7 at the Loews Ventana Canyon Resort in Tucson, Ariz. For more information, visit www.aflaonline.org.
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A specialized version of an open end lease used in the United States primarily for automobiles and light-duty trucks. TRAC is an acronym for "Terminal Rent Adjustment Clause," an arrangement featuring a final rental adjustment on the lease which occurs after the vehicle is removed from service and sold.

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