Peterbilt Truck Clearance Sale With Special Financing
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In today’s unstable economy, the start up and seasoned business has an unique opportunity to acquire an attractive deal for off leases and repos for Peterbilt trucks that are for sale in the form of a clearance sale with special pricing and easy qualifying financing.
Due to a contracting economy, many lenders have excess Peterbilt Trucks on their books that they need to re-sell or re-lease. These in-house inventories are non income producing, therefore putting pressure on the lender to make a deal with the consumer. These deals can be found in the price, the financing or a combination of both.
An off lease commercial vehicle has been returned to the lender as the lease has expired. The lessee has made a decision to return the item in lieu of exercising the buyout option. A repossession has arisen due to a default of the lessee for non payment terms or a violation of the terms of the lease. Either way, the lender has taken these trucks back and now must recondition the items and either sell these items or re-lease them.
The lender will either advertise their inventory through their internal sales force or outside professionals such as brokers to move their inventories as quick as possible. Sometimes as these inventories either sit or whatever reason aren’t moving, the lender may put these items up for auction
The type of Peterbilts we are going to identify as potential deals for the customer are the following
Peterbilt dump trucks, Peterbilt semi trucks and tractor trailers, Peterbilt garbage trucks, Peterbilt tow trucks, Peterbilt vacuum trucks, Peterbilt big rigs, Peterbilt Concrete and Cement Trucks, Peterbilt Tanker Trucks
Some of the ways the start up and/or seasoned business can locate these deals are through trade publications, surfing internet search engines, contacting lease brokers for information and speaking to lenders directly.
In addition to the Peterbilt truck clearance sale prices, the banks are working with the dealers to move these trucks with minimum credit requirments for their potential customers. Instead of full paperwork and stringent lending requirements, these lenders are working with the start up and seasoned customers closely to make a deal happen. Some lenders are offering credit programs with 3-5% down with minimum credit starting as low as 525. No prior year income tax returns and financial statements aren’t required..In conclusion, this is a buyers market forPeterbilt trucks. Check out all the deals in the market and make sure that you have a stable income base to assume whatever debt that you may occur.
Happy hunting for your Peterbilt Truck and its related financing.
