Daimler Truck Financial to provide financing products, services

Daimler Truck Financial to provide financing products, services

Daimler Truck Financial and Mitsubishi Fuso Truck of America will provide financial products and services for more than 175 MFTA dealers and their customers in the U.S. Offerings include competitive financing options with rates in Q3 as low as 0.9 % for qualified customers; packages with terms up to 72 months; TRAC lease, a full line of insurance and aftermarket products; and online account management.

Daimler Truck Financial (DTF) said it has reached an agreement with Mitsubishi Fuso Truck of America (MFTA) to begin providing financial products and services for more than 175 MFTA dealers and their customers in the United States.

Together, DTF and MFTA will provide customers with competitive financing options with rates in Q3 as low as 0.9 % for qualified customers. Other offerings include packages with terms up to 72 months. Additional product offerings will include TRAC lease, a full line of insurance and aftermarket products, and online account management.

DTF, which provides financial services for Freightliner, Western Star, Sprinter and Thomas Built Bus dealers and customers, manages a portfolio of approximately $5 billion that includes more than 120,000 commercial vehicles and 70% of Freightliner and Western Star wholesale dealer inventory, according to the company.

MFTA markets Class 3 through Class 5 cabover work trucks, which it said are designed to deliver the lowest cost of ownership in their class. The all-new 2012 Canter FE/FG Series trucks offer improved fuel economy, 18,000-mi. service intervals and are backed by an industry-best 5-year/175,000-mi. powertrain warranty, the truck maker added.

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