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Tag Archives: older trucks

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Facts of financing an older truck compared to a newer truck

Facts of Financing an Older Truck Compared to a Newer Truck

Truck Finance News, Truck NewsBy adminApril 15, 2016

When we advise clients that payments may not differ greatly between financing an older truck as opposed to a newer truck – they are often quite surprised. Below is an example as to why this may be the case. Asset Type Finance Amount Term Balloon Payments 2004 Prime Mover $80,000 3 years NIL $2,500 pm…

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