Conventional Trucks
Truck models we are very interested in financing:
- Peterbilt 389
- Kenworth W900
- Freightliner Coronado
- International Lonestar – Hold their value well thus having low depreciation
– Highly marketable due to low supply
– Work orders on engine raise price significantly
Truck models we will consider if the customer is already in business:
- Kenworth T660/T680
- Peterbilt 579/587 – Normal depreciation
– Are marketable but supply is not low and therefore are less marketable
– Work orders on engine raise price very little on truck
Truck models we stay away from unless purchased new or customer and business are strong:
- Freightliner Cascadia
- International Prostar
- Volvo 670/780 – High depreciation
– Are not very marketable due to an oversupply
– Work orders do not affect the price of the truck at all and are written off as an expense