Truck Reefer
Sunday, September 13th, 2009Truck Reefer
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 95 VOLVO FE14 REEFER BOX TRUCK US $1,525.00 |
 refrigerated kenworth bobtail truck US $2,800.00 |
 2002 International 4400 Tandem 24 Reefer Box Truck or w o cab and chassis NR US $11,600.00 |
 1995 Great Dane Trailers 48 REEFER US $4,500.00 |
 1998 48’ Wabash Reefer Trailer in Phoenix AZ US $2,500.00 |
 2006 Freightliner BUSINESS CLASS M2 106 with REEFER  US $10,000.00
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 2004 Sterling Acterr Reefer Truck US $22,500.00 |
 06 gmc c 4500 duramax check out our store for neat stuff US $24,995.00 |
 2001 International 4700 Low Profile Refrigerated Box Truck NO RESERVE US $22,000.00
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Locating financing for Semi Trucks, over the road trucks, and big rig trucks can be a major job. Today's economy is all over the place and conventional semi truck financing has dried up at many banks and/or lending institutions. Semi Truck owner operators can seek and find special financing in the secondary markets where there are repos and off lease trucks to be secured for acquisition.
Due to a contracting economy, many lenders have excess inventories on their books that they need to put back on the street. 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 and/or construction equipment has been returned to the lender as the lease has expired. The lessee has made a decision to return the item in lieu of excercising the buyout option. A repo 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 and/or equipment back and now must recondition the items and either sell these items or re-lease them.
Some lenders offering repos and off semi trucks in the repo market offer these trucks with a minimum credit score of 525. This gives the startup and/or seasoned business an opportunity to start and/or expand their fleet with bad credit. This opportunity would have never existed in the past. Other lenders offer no credit check but are reference and income driven to make sure they have qualified a good candidate to take over one of their over the road trucks. The semi truck financing in this paragraph doesn't stop here, others lenders with good credit and time in business offer no down payments and up to 60 months to repay. This obviously gives the over the road truck owner operator an unique opportunity to acquire semi truck financing. Other over the road truck financing programs start at 575 and the down payments can be anywhere from 6-10% down based upon the applicant and the specific semi truck. In addition, if you are a cash buyer, there is large opportunity to acquire a semi truck at a substantial discount....
The types of semi trucks, over the road trucks, and big rigs we are talking for financing are :
Peterbilt, Kenworth, Freightliner, Mack, International, Volvo
Don't forget the financing deals on reefer Trailers, flatbed trailers, drop deck trailers and gooseneck trailers...This could include manufacturers such as Wabash, Doonan, Utility, Wilson, Fontaine, Innovative, Great Dane and Vanguard
In conclusion, this is a buyers market for owner operator trucks, and trailers, . 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 semi truck, over the road truck, big rig truck acquistion and its related financing
www.cclgequipmentleasing.com/trader.htm