Maintaining a consistent buying cycle can be difficult with changing emission regulations, which may affect the future value of your tractor. PACCAR Financial (PFL) has an excellent finance option that will not only help you manage the buying cycle, but also the unknown future value.
Spec a new Peterbilt or Kenworth, provide the desired buying cycle, annual mileage and usage, and PFL will calculate a monthly rental payment. Make your rental payments and at the end of your 24-60 month term, you have the option to return the truck to PFL, renew the lease, or purchase the truck at the fair market value. This process allows you to run your business without the worry of unpredictable regulation changes and future used truck values.
- Cash flow benefit with reduced payments and off-balance sheet financing.*
- Maintaining a stable buying cycle strategy throughout industry changes, allowing for a consistent year-to-year equipment purchase schedule.
- Improving driver retention by upgrading the spec, which increases the residual value and may reduce your payment.
* Contact your accounting professional for more information.