Jaguar Equip. LeasingJaguar Equip. Leasing
Semi Trucks, Tractor Trailers, Over the Road Trucks. For Sale, With Lender Financing.
Semi trucks, tractor trailers, over the road trucks for sale can be found in thesecondary repo and off lease markets from lenders looking to liquidate and financetheir inventories. A struggling economy has caused many customers to be indefault of their lending arrangement and/or returned their semi, over the road andtractor trailer at the end of the lease without taking title to it for economic reasons.With the unemployment rate high and new contracts not plentiful, this has createda buying and financing opportunity for some start up and seasoned businesses.Due to a contracting economy, many lenders have excess semi truck inventoriesthat 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 theconsumer. These deals can be found in the price, the financing or a combination of both. The lender has taken these trucks and/or equipment back and now mustrecondition the tractor trailers and either sell these items or re-lease them. Thelender 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 isn't moving,the lender may put these items up for auction
Some of the ways the startup and/or seasoned business can locate these deals arethrough trade publications, surfing internet search engines, contacting lease brokersfor information and speaking to lenders directly.Some of the lenders in the market have advertised personal credit qualifications as
low as 575
, prior bankruptcy rules amended or ignored and startups welcome.Additionally, the front money to commence the lease can start as low as to 6-10 %down or whatever you might able to negotiate. They will work with start ups andnot require a full financial package.