Open
» » » 07
15
Sep

7 Reasons to Lease a Used Commercial Truck

Share Us On:



Many companies and self-employed people throughout Canada require commercial trucks in order to facilitate their businesses. Truck leasing has become a common if not preferred financing option due to the many benefits it provides, but perhaps what is most intriguing is that more and more of these leases are for used trucks rather than new vehicles. With that in mind, let us consider seven reasons to lease a pre-owned vehicle rather than one fresh off the line. Avoidance of Significant Depreciation Among the most daunting aspects of owning new commercial trucks is depreciation. Your new truck depreciates the moment you sign on the dotted line. A used truck, on the other hand, has already undergone that initial depreciation and is now just subject to the year-to-year devaluation. It’s worth mentioning that commercial truck leasing and vehicle leasing, in general, do account for depreciation to some degree but certainly not all of it, and since there’s less value to lose, that lesser amount is reflected in the cost as well. Relaxed Credit Standards Credit standards are something that all businesses and…

Read More
0
Comment


24
Jul

Benefits Of Solo Driving

Share Us On:



Whether you’ve recently decided to become a truck driver or have been exploring the great North American roads while hauling a trailer for decades, it’s always refreshing to get a new perspective on the benefits of a solo trucking career. Although there are thousands of people who choose to drive in a fleet as a part of a team, there are distinct advantages to exploring the open road on your own. Plenty of space As a truck driver, the cab is your personal space. You keep your clothes here, food, blankets, and will likely sleep there during the majority of nights while on long hauls. It’s your home away from home, and inviting someone into it can be hard for certain people. When you ride with a partner, you have to separate the space available, create boundaries and rules so that you are not getting in each other’s ways or…

Read More
0
Comment


14
Jul

Getting a Truck Loan After Bankruptcy

Share Us On:



While no one wants to entertain the possibility of ever going bankrupt, the reality is that sometimes life can deal a crushing blow to the extent that you find yourself deep in debt and unable to pay back creditors. You can definitely rebuild your credit worthiness over time post-bankruptcy, but the difficult process of achieving a respectable credit rating or re-establishing creditworthiness, need not hinder your truck loan options. Bankruptcy is not a permanent hindrance to getting a loan Even if you’ve been forced to file for bankruptcy, you can qualify for truck loan credit at reasonable rates. While truck loan rates will generally be a little bit higher than they would be if your credit rating was strong, you’ll still qualify for affordable options that will allow you to get a vehicle and start your career towards a stronger future. At Truck Loan Center, a division of RB Leasing,…

Read More
0
Comment


Recent Posts