When it comes to financing his trucks, Keith Redden says one reason he goes with PACCAR Financial is the ‘what if’ factor. Or perhaps, more precisely, the lack thereof.

“With any truck, you always worry about what happens once the warranty expires,” said Redden, owner and president of K Redden Trucking, a Floyds Knobs, Ind.-based aggregate hauler. “But with the Kenworth trucks I finance with PACCAR Financial, I have a greater sense of security knowing that if there are any issues, they’ll be covered two years past the normal warranty period.”

Redden likes the fact that he gets two extra years of coverage above the standard warranty on the trucks he buys and a competitive rate by financing his trucks through PACCAR Financial.

Redden finances the purchase of his Kenworth trucks using PACCAR Financial, PACCAR’s captive finance company for the Kenworth dealership networks. His company operates a fleet of 24 Kenworth trucks, including 20 Kenworth T800 dumps, two Kenworth T800 tractors, one Kenworth T660 and a Kenworth T680. When he’s ready to turn his equipment, Redden finds it easy to sell his trucks on the used market since they usually command a high price and have only about 250,000 to 300,000 miles on them.

“PACCAR Financial offers a competitive rate that saves me close to 1 percent compared to what my local bank charges,” Redden said. “They also have a package of incentives including an extended warranty that adds value to the trucks for my operation.”

Redden said he particularly appreciates the loan application process that PACCAR Financial has streamlined making it easier for him to apply for a financial loan.

“They don’t have a standard 20-page application I have to fill out that uses language that’s hard to understand and asks generic questions that don’t really pertain to my operation,” he said. “PACCAR Financial understands the trucking and construction industries and that my time is valuable. I don’t want to spend a lot of it answering questions that don’t make sense. The folks at PACCAR Financial also understand my operation and work closely with Peterson Kenworth to provide us the trucks that will help us lower operating costs, provide drivers a comfortable working environment and maintain or increase the truck’s resale value.”

Redden’s newest Kenworth T800s are spec’d with the 455-hp PACCAR MX-13 engine, Eaton® UltraShift® Plus transmission, Dana 46,000 lb. rear axles, ALCOA aluminum wheels, Bendix® front air disc brakes, and Kenworth’s Extended Day Cab with premium interiors. Despite the recession that began in late 2007 and 2008, Redden said his trucking company hasn’t been hard hit because of consistently good work by his drivers and the dependability offered by his T800s.

Having good trucks with comfortable interiors makes a big difference in driver satisfaction,” he said. “ I like to spec trucks as if I’m going to be driving them. If I would be happy driving these trucks, then so would my drivers.”