Jaguar Equip Jaguar Equip ment ment Leasing Leasing Off lease and Repos for Commercial Trucks, Trailers, and Construction Equipment For Sale In today's unstable economy, the start up and seasoned business has a unique opportunity to acquire for sale an attractive deal for off lease and repossessed commercial and work trucks, commercial trailers and construction equipment. Due to a contracting economy, many lenders have excess inventories on their books that 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 the consumer. These deals can be found in the price, the financing or a combination of both. An off lease commercial vehicle and/or construction equipment has been returned to the lender as the lease has expired. The lessee has made a decision to return the item in lieu of exercising the buyout option. A repossession has arisen due to a default of the lessee for non payment terms or a violation of the terms of the lease. Either way, the lender has taken back these commercial trucks and/or equipment and now must recondition the items and either sell these items or re-lease them. The lender 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
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Off lease and Repos for Commercial and Work Trucks, Trailers, and Construction Equipment For Sale
In today's unstable economy, the start up and seasoned business has a unique opportunity to acquire for sale an attractive deal for off lease and repossessed commercial and work trucks, commercial trailers and construction equipment. Due to a contracting economy, many lenders have excess inventories on their books that 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 the consumer. These deals can be found in the price, the financing or a combination of both.
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Jaguar EquipJaguar Equipment Leasingment Leasing
Off lease and Repos for Commercial Trucks, Trailers, and Construction
Equipment For Sale
In today's unstable economy, the start up and seasoned business has a unique opportunity to acquire for sale an attractive deal for off lease and repossessed commercial and work trucks, commercial trailers and construction equipment. Due to a contracting economy, many lenders have excess inventories on their books that 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 the consumer. These deals can be found in the price, the financing or a combination of both.
An off lease commercial vehicle and/or construction equipment has been returned to the lender as the lease has expired. The lessee has made a decision to return the item in lieu of exercising the buyout option. A repossession has arisen due to a default of the lessee for non payment terms or a violation of the terms of the lease.
Either way, the lender has taken back these commercial trucks and/or equipment and now must recondition the items and either sell these items or re-lease them. The lender 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.
For this article, the type of items we are going to identify as potential deals for the customer are the following:
Dump trucks, sleeper trucks, flatbed trucks, grapple and landscape trucks, fuel and lube trucks, bucket and boom trucks, over the road and day cabs, water trucks, tow trucks, box vans and straight trucks, dry van and reefer trailers, end and bottom dump trailers, flatbed trailers, backhoes, bulldozers, crawler tractors, forestry equipment, excavators, forklifts, and other type loaders.
Some of the ways the startup and/or seasoned business can locate these deals are through trade publications, surfing internet search engines, contacting lease brokers for information and speaking to lenders directly.
Some of the lenders in the market have advertised personal credit qualifications as low as 525, prior bankruptcy rules amended or ignored and start ups welcome.
Additionally, the front money to commence the lease can start as low as no down payment to whatever you might able to negotiate. The paperwork required to qualify for this financing is limited to usually a lease application, a prior year tax return, summary page of your last three months bank statements and possibly a hauling reference…
In conclusion, this is a buyers market for commercial trucks, trailers, and construction equipment. Check out all the deals in the market and make sure that you have a stable income base to assume whatever debt that you may occur.
Happy hunting for your work truck, equipment and commercial trailer acquisition.
Case. Caterpillar, Chevrolet, Freightliner, Ford, GMC, John Deere, Hitachi, Hyundai, International, Kenworth, Kobelco, Mack, Mercedes Benz, Mitsubishi, New Holland, Olin, Peterbilt, Sterling, Volvo, Western Star and More
2005 Western Star W/82 Sleeper, Detroit 60 Series 515HP Engine, Eaton Fuller 13 Speed Transmission, Engine Brake.. Mileage…837,198..Item #611…Location…Fl
2007 Chevrolet 2500HD, Crew Cab, 8' Flat Bed Body, 4X4, Vortec 8.1 L V8 Gas Engine, Automatic Transmission....Mileage…28,331… Item #081…Location….NM
2001 International 4700 Rollback, 19' Century Carrier Including Winch, International DT466T Diesel Engine, 215…Mileage…171,408 ..Item #201, Location….Wa
1998 Ford F650 Box Van 190 hp Cummins, 24' box, GVW: 26000, Automatic Transmission with a Turnkey Spray Equipment….Mileage…64,361….Item #421 Location . Ca..
1997 Volvo WG Water Truck, 1600 Gallon Water Truck, Miles Showing: 278,357, Item #967, Location..Ga…