Posts Tagged ‘lease’
Off Lease and Repossessed Used Construction Equipment, Work Trucks and Commercial Trailers For Sale, Special Mid Year Update
Off lease and repossessed used construction equipment, work trucks, commercial trailers are for sale with special prices being offered by banks, repo companies and auction houses through out the United States. These repo and off lease specialist companies have partnered with local and/or regional banks to move these repossessions quickly.
Cash buyers have the best opportunity to acquire the list of repossessed items for sale for the lowest price. These partial repossessed property listings below are spread out across the United States enabling all prospective customers to participate in these specials…These repossessed specials are offered to wholesale dealers but banks will also entertain offers from the general public.
These banks and all other lenders are holding listings in their repo and off lease inventories. They must move these repossessions due to the factor it is impairing their cash flow and working capital.
The listing of repossessed work trucks, construction equipment and commercial trailers below isn’t all inclusive Commercial trailers, dump trucks, semi trucks, day cabs, forestry equipment, construction equipment, excavators, dozers, tow trucks
This is partial list and if you don’t see what you need, Call to enter your special request .MANY SEMI TRUCK PROGRAMS AVAILABLE….
In addition to the acquisition of repossessions and off lease equipment, one must consider the financing programs available If you are not a cash buyer.
Locating financing and leasing for Construction Trucks. Trailers and Equipment, such as bulldozers, compactors, concrete mixers, backhoes, excavators, dump trucks, construction trucks, heavy duty mixers, concrete pumps, crawler loaders, scrapers, forklifts, skid steer loader, concrete and cement trucks, wheel loaders, end, side, belly and bottom dump trailers, etc can be a acquisition and financing, leasing opportunity. Construction truck, trailer and construction equipment owners can seek and find special financing and leasing in the secondary markets where there are repos and off lease trucks, trailers and equipment to be secured for acquisition.
Some lenders offering repos and off work trucks in the repo market offer these trucks with a minimum credit score of 550. This gives the startup and/or seasoned business an opportunity to start and/or expand their business with bad credit. This opportunity would have never existed in the past. Other lenders offer no credit check but are reference and income driven to make sure they have qualified a good candidate to take over one of their over their construction trucks and related construction equipment. The construction truck and equipment financing and leasing doesn’t stop here, others lenders with good credit and time in business offer no down payments and up to 60 months to repay. This obviously gives the over the truck owner operator an unique opportunity to acquire construction truck financing. Other construction truck and equipment financing. leasing programs start at 575 and the down payments can be anywhere from 6-10% down based upon the applicant and the specific work truck. In addition, if you are a cash buyer, there is large opportunity to acquire a construction truck, trailer and/or construction equipment at a substantial discount. Prior Bankruptcies can be a road block for many finance deals, however these lenders will look at them on a deal by deal basis and in most instances will not be a deal buster…All trucks are reconditioned and subject to your inspection prior to release….
One should should consider this as an alternative if financing is required and good credit isn’t available by the applicant
Happy hunting for your repossessed work truck, construction equipment or commercial trailer acquisition and its related financing
Rick
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Tags: cement trucks, Commercial, commercial trailers, construction, Equipment, lease, Repossessed, Rick Related, sale, Special, Trailers, Truck, trucks, United States, Update, used, wheel loaders, work, year | 
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Lease and Repos for Commercial Trucks and Construction Equipment
Lease and Repos for Commercial Trucks and Construction Equipment. Start Ups and Seasonsed Businesses
In todayâs unstable economy, the start up and seasoned business has an unique opportunity to acquire an attractive deal for off leases and repos for commercial trucks and construction equipment. Due to a contracting economy, many lenders have excess inventories on their books that they need to put them back on the street. These in-house inventories are non income producing, therefore this puts 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 repos 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 these trucks and/or equipment back or 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 isnât 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 is the following:
Dump 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.
A list to Builders may include Preterit, Ken worth, Mack, International, Freightliner, Ford, Volvo, Western Star, John Deere, Case, Caterpillar, Kobe co, Great Dane, Miller, East, Warren, Dragon, Clement, etc
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 575, prior bankruptcy rules amended or ignored and start ups are welcome. Additionally, the front money to commence the lease can start as low as first payment to whatever you might able to negotiate. Some of the lenders have application only programs up to $250,000. There are no financial statements, income tax returns or bank statements required. 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. Make sure you understand the buyout clauses which may be $1.00, 10%, 20% fair market value or whatever the lease stipulates.
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Tags: boom trucks, Commercial, construction, Equipment, excess inventories, lease, reefer trailers, Repos, trucks |
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Benefits Of Equipment Leasing .
Benefits Of Equipment Leasing .
Do you need a crane, a backhoe, a dump truck? In fact, if you are looking for any heavy equipment including cranes, conveyors, cement misers, bulldozers, wheel loaders, silos, smooth rollers, excavator etc., you must think about heavy equipment leases.
Now, you may be asking why. Heavy equipment leasing can be very useful as Read the rest of this entry »
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Tags: backhoe rental, Dan Courville, Equipment, Eric LeRiche, lease, Leasing, leasing deal, smooth rollers, wheel loaders |
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