Used Freightliner & Select Trucks

If you’ve ever leased a car, you know how easy it can be to wrap things  up when the  lease comes to term. You can conclude your lease and even

decide to purchase the vehicle or lease another. Within the past two years, fleet owners and operators have been able to do the same thing with

preowned Freightliner vehicles, thanks to a strategic finance option called the SelectLease, a Fair Market Value (FMV) lease. FMV fleet leasing

options are very similar to an auto lease. You have fixed monthly payments, and at the end of the lease—assuming you’ve met all the

requirements and turn-in conditions—you simply drop the unit off and go on your way. An FMV lease is often described as a “walk-away” lease.

(Subject to return conditions and mileage limitations.) According to Bill McCarthy, Manager of Fleet Credit for DaimlerChrysler Services–Truck

Finance, an FMV lease is an excellent solution for a company wanting to add pre-owned units to its fleet. “The great thing about an FMV

lease is that it can be used by carriers of all sizes,” says McCarthy. “It’s a good fit for corporations looking to add an incremental number of units

to their fleets. Although DCS would look at any reasonable deal, it’s probably not for a fleet that wants to add 300 or 400 trucks, but for Although

DCS would look at any reasonable deal, it’s probably not for a fleet that wants to add 300 or 400 trucks, but for any company looking to add a

smaller number of units to its fleet, it can be ideal.” The walk-away feature offers fleet owners an extra level of flexibility in their financial planning,

since there’s no residual payment due at termination. Many fleets appreciate the degree of comfort that comes from reduced liability on the back

end. “At DaimlerChrysler Services–Truck Finance, in conjunction with our partner, the Freightliner Group, Although DCS would look at any

reasonable deal, it’s probably not for a fleet to add 300 or 400 trucks, but for any company looking to add a smaller number of units to its fleet,

it can be ideal.” The walk-away feature offers fleet owners an extra level of flexibility in their financial planning, since there’s no residual payment

due at termination. Many fleets appreciate the degree of comfort that comes from reduced liability on the back end. “At DaimlerChrysler Services–

Truck Finance, in conjunction with our partner, the Freightliner Group, we’ve created a specific FMV product called the SelectLease for

pre-owned Freightliner vehicles,” says McCarthy. “The lease is an FMV lease so, at the end of the lease term, the company can turn

in the equipment with no further obligation. This finance option was developed specifically for customers of SelecTrucks

Centers and participating Freightliner, Sterling and Western Star Dealers. It’s already very popular with fleet owners who are seeking lower

monthly payments and greater flexibility.” The available trucks come from top-quality fleets, are well-spec’d and highly reliable. “The cost per

month is usually lower than on a typical loan, and there’s generally a lower buy-in cost,” McCarthy explains, “so there’s the added

advantage of lower cost of operation from the outset.” Walk in with the right paperwork, walk out with a better lease. As one of the top financial

providers in the trucking industry, DaimlerChrysler Services–Truck Finance will work with you to put you in the finance product that best

fit your needs. Here’s good advice for the fleet owner, controller or CEO that will help speed up the finance process: “Make sure that your financial

information is complete, up-to-date and well organized,” suggests McCarthy. “The more complete the information you provide, the better

we will be able to help you determine, the best finance product to meet your needs.” While presenting a complete and up-to-date picture of your

company to your lender is essential, it’s just as continued

that wants