Freightliner LLC's Portland, OR-based used truck retailer, SelecTrucks, has announced details on what it calls the first fair market value (FMV) lease program for used trucks. The program pairs low monthly payments and a low down payment with flexible terms and off-balance-sheet financing. There is no residual value exposure at the point of lease maturity, according to SelecTrucks. The company noted
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Freightliner LLC's Portland, OR-based used truck retailer, SelecTrucks, has announced details on what it calls the first fair market value (FMV) lease program for used trucks.
The program pairs low monthly payments and a low down payment with flexible terms and off-balance-sheet financing. There is no residual value exposure at the point of lease maturity, according to SelecTrucks.
The company noted that it expects the FMV lease will be popular with fleets that need to expand quickly.
www.selectrucks.com.
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