Cash Buyers, Used Dump Truck Specials For Sale, Quad, Tri, Tandem and Single Axles, Off Lease and Repos, Dealer Financing Available. Part 3 There are many cash buying alternatives in obtaining wholesale used off lease and repo dump trucks, quad, tri, tandem and single axles, for sale with special dealer financing available, Part 3. Whether you are a start up or a seasoned business, the first logical place to investigate your financing is at your local bank. The seasoned business must have at least mid 600s in their credit scores and be prepared to go through a lengthy paper process. Prior Year Tax Returns may be required, current personal financial statements needed and various other requests. The start up business must have a credit score properly 680 or higher and will have a much smaller success rate in obtaining bank financing. The business start up is a high risk factor and must adhere to higher lending standards. Most banks offer loan and/or lease programs. The difference is that the loan program transfers title at the end of the payment obligation, whereas the leasing component offers a rent type environment during the course of the lease with a buy out option at the end of the lease period to take title. Usually, the monies required upfront to acquire a loan are higher and eliminates many candidates. The Leasing arena requires anywhere from usually first and last payment USCCLG U.S. Corporate Capital Leasing Group Inc.
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Cash Buyers, Used Dump Truck Specials For Sale, Quad, Tri, Tandem and Single Axles, Off Lease and Repos, Dealer Financing Available. Part 3
There are many cash buying alternatives in obtaining wholesale used off lease and repo dump trucks, quad, tri, tandem and single axles, for sale with special dealer financing available, Part 3. Whether you are a start up or a seasoned business, the first logical place to investigate your financing is at your local bank. The seasoned business must have at least mid 600s in their credit scores and be prepared to go through a lengthy paper process. Prior Year Tax Returns may be required, current personal financial statements needed and various other requests.
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Cash Buyers, Used Dump Truck Specials For Sale, Quad, Tri, Tandem and Single Axles, Off Lease and Repos, Dealer Financing Available. Part 3 There are many cash buying alternatives in obtaining wholesale used off lease and repo dump trucks, quad, tri, tandem and single axles, for sale with special dealer financing available, Part 3. Whether you are a start up or a seasoned business, the first logical place to investigate your financing is at your local bank. The seasoned business must have at least mid 600s in their credit scores and be prepared to go through a lengthy paper process. Prior Year Tax Returns may be required, current personal financial statements needed and various other requests.
The start up business must have a credit score properly 680 or higher and will have a much smaller success rate in obtaining bank financing. The business start up is a high risk factor and must adhere to higher lending standards.
Most banks offer loan and/or lease programs. The difference is that the loan program transfers title at the end of the payment obligation, whereas the leasing component offers a rent type environment during the course of the lease with a buy out option at the end of the lease period to take title. Usually, the monies required upfront to acquire a loan are higher and eliminates many candidates. The Leasing arena requires anywhere from usually first and last payment to approximately 20% down depending on the type of industry financing is requested for.
On the loan and lease programs for a dump truck applicant, the applicant must investigate whether the bank and/or financial institution considers this a qualified asset which they will lend on. Most lenders like this type of asset but others may specialize in other industries such as medical and transportation such as limos, limo buses, ambulances etc. Some Lenders will only lend up to ten years based upon the age of the truck where others may extend beyond this parameter. Loans and leases usually run anywhere between 36 -60 months based upon the age of the dump truck.
USCCLG U.S. Corporate Capital Leasing Group Inc.
The front money to commence the lending vehicle, the monthly payments and the buyout clauses at the end of the lending instrument, if there is one, is paramount in making a prudent business decision. The amount of paperwork and hoops to jump through to get to end of the financing process are considered in the total evaluation process.
As we discussed above, there can be a lengthy paperwork process to obtain your financing. Recently, some of the lenders have changed their computer qualification models and require application only programs
This means there are no income tax returns required, time consuming personal financial statements needed, and other key documents either prepared and /or requested. This program is usually geared for the seasoned business. These application lending programs run as high as $50,000.
It is important for the dump truck applicant to check out all the lending programs available. The collateral is the dump truck and usually no additional collateral is required. The minimum credit score required for all dump truck applicants may run as low as 600 for conventional financing.
The last thing you should be aware of is dealer/financing inventory programs. What this means, the lender has repos and/ off lease inventories that they want to move for cash flow purposes. This financing arrangement is geared to the start up as well as seasoned business and may offer the dump applicant an excellent buying and financing opportunity.
As of April 25, 2010 the economy is still in a contraction mode and lenders have taken back dump trucks repossessions back by the droves. Lending in the financial markets has become very tight and the qualifications for prospective customers extremely difficult. The repo dump truck market offers the startup and seasoned business an excellent opportunity. Cash buyers have the best opportunity to acquire a dump truck at the lowest price….
When you are shopping for dump truck financing, consider the following, the front money, the monthly payments, what collateral is required, and what the buyout clauses mean. Also, make sure you have a good source of income coming from a contract and/or other methods.
Happy hunting for your quad, tri, tandem, single axle dump truck and its related financing..
www.cclgequipmentleasing.com/dumptrucks.htm
BELOW IS A PARTIAL LIST OF SEVEN, SIX, QUAD, TRI AND SINGLE AXLE DUMP TRUCKS FOR SALE, CALL 800-760-6863 FOR DETAILS \
STOCK NUMBER C- 66442003 PeteCAT C 15Eaton fuller 18 speed18 foot Aluminum bed18,000 front axle(4) pusher axle at 11,00044,000 rear axle429,930 miles Location.........Missouri
Year..........2006Make.........SterlingModel.........LT8511Stock #10841 Mileage....52,250....Needs to be confirmed****Hours.........2154FAWR....14,600RAWR.....40,000GVWR.....54,600Color........Dark Blue
Engine...................Mercedes OM926LA 330 HPTransmission...........Eaton Fuller 8LLFront Tires........315/80R22.5Axles..........Tri Axle....Rear Suspension............Tuf TracRear Tires...........11R22.5Type Axle............Tag/Pusher TiresSteerable Axles: 1....215/75R17.5 Wheels............ AluminumFuel Tank..............100 GallonsAir Conditioning.....YESDifferential Lock......Yes...Engine Brake........NO Year..........2006Make..........OX BodiesModel..........16 Ft Steel Dump Bo Controls...........In CabAttachment.......Electric TarpBed Size..........16' L x 8' W x 4 1/2' TDouble Frame........NOWheel Base.......256"ECM............52,239.. Needs to be confirmed....
2006 granite102,991 miles4811 hrsMack AMI 370 motor10 speed maxitorque $79,995
1998 Freightliner FLD12064Tw/2006 Leach 14 FtSteel Dump Body
Sales Price.....21,995
Year....1998Make......Freightliner Model...FLD12064TStock #...6176 Mileage.......557,598FAWR.....12,000RAWR.....40,000GVWR........52,000Color.......White Engine...............Detroit 60 Series Diesel, 470 HPTransmission.......Eaton Fuller 10 SpeedFront Tires......295/75R22.5Percentage......50%Axles..............TandemRear Suspension............Airliner AirRear Tires..............275/80R22.5Percentage...........50%Wheels................SteelFuel Tank...........2 @120 GallonsAir Conditioning..........YesDifferential Lock........YesEngine Brake..........No Year........2006Make.........Leach....Model..........14 Ft Steel Dump Body Controls.........In CabAttachment............Electric TarpBed Size...........14' L x 8' W x 4' TDouble Frame.........NoECM Mileage...........N/a LOCATION IN MISSOURI..........
1998 Kenworth T800w/2007 Triple R 16 Ft SteelDump Body..
Sales Price.....$27,500
Year.........1998Make.......Kenworth Model.......T800Stock .........13242 Mileage.......23,296 (showing need to verify)FAWR.............12,000RAWR............36,000GVWR..........48,000Color.....Blue Engine..........Detroit 60 Series Diesel, 470 HPTransmission............Eaton Fuller 10 SpeedFront Tires............11R24.5Percentage............70 %Axles..........Tandem....Rear Suspension..........Air RideRear Tires.........11R24.5Percentage..........50%Wheels............AluminumFuel Tank.............Two @ 75 Gallons EachAir Conditioning........YesDifferential Lock........Yes..Engine Brake............Yes Year............2007Make.........Triple R DieselModel............16 Ft Steel Dump Body Controls........In CabAttachment............Manual TarpBed Size...........16' L x 8' W x 4' TDouble Frame.......No
Wheel Base......238"ECM Mileage.......17,534 * need to verify Location.......Missouri
2004 STERLING TANDEM DUMP TRUCK…..$49,500 LOCATION……MISSOURI………
2004 SterlingMercedes OM 460 (may still have factory warranty left)Road ranger 10 sp18f46 r16 ft 21 yd box
231,950 miles
2000 Mack RD690-S 16ft Dump Truck CALL FOR PRICING
Title: Mack RD690-S VIN: 029711
Mileage: Vehicle Title: Clear
Location: TN Condition: Used
Type: Dump - box
Class:Class 8 (33,001 lbs. or more)
Engine Make: E-7 Mack
Fuel Type: Diesel Engine HP: 300 HP
Number of Axles: Tri Axle Transmission Type: Manual
Suspension Type: Transmission Speeds:7 Speed
Tire Size: 22.5 inches
Tri- Axle 16ft steel dump body, E-7 Mack 300 HP, 7 speed trans, Barn Gate, electric tarp, Air Gate, Aluminum front wheels, Steel rear wheels, Has Fender damage, and pole for tarp is broken
CALL FOR PRICING
2000 WESTERN STAR TRI AXLE DUMP TRUCK
Title: 2000 WESTERN STAR
Mileage: 434,245 Vehicle Title: Clear
Location: SUSSEX NJ Condition: Used
Type: TRI AXLE DUMP
Class:Class 8 (33,001 lbs. or more)
Engine Make: CAT C-12
Fuel Type: Diesel Engine HP: 395 HP
Number of Axles:
TRI AXLE Transmission Type:AUTOSHIFT
Suspension Type:
AirTransmission Speeds:
10 SPEED AUTOSHIFT
Tire Size: 24.5 inches
2000 WESTERN STAR 4964 FX TRI AXLE DUMP TRUCK WITH A CAT C-12 395 HORSEPOWER, 10 SPEED AUTO SHIFT TRANS, 3 STAGE JAKE BRAKE, DOUBLE FRAME ,16 FOOT OX STEEL DUMP BODY, STEERABLE LIFT AXLE , AIR RIDE SUSPENSION , AIR RIDE TAG AXLE, ELECTRIC TARP, AIR TAIL GATE,16 K FRONT AXLE, 40 K REARS,18K STEERABLE AIR TAG CRUISE CONTROL, POWER WINDOWS, INTER AXLE LOCK, TRACTION DIFFERENTIAL, LEFT FRONT TIRE IS BALD, RIGHT FRONT AT 50%, REARS AT 40%, TAGS 25%, BODY HAS SOME HOLES ON SIDE OF FLOOR, CHROME BREATHER, CHROME VISOR, CHROME BUMPER, ALUMINUM WHEELS, ALUMINUM FUEL TANKS,
2004 Sterling LT9500 Tri Axle Dump Truck ..Call for Pricing…
Title: 2004 Sterling LT9500
Mileage: 170,335 Vehicle Title: Clear
Location: Houston, TX Condition: Used
Type: TRI AXLE DUMP
Class:Class 8 (33,001 lbs. or more)
Engine Make:Mercedes Benz
Fuel Type: Diesel Engine HP: 410
Number of Axles: TRI AXLE Transmission Type: Manual
Suspension Type:
AirTransmission Speeds:
10 SPEED
Tire Size: 24.5 inches
2004 INTERNATIONAL 7600.. LOCATION .NEW JERSEY CALL FOR PRICING………