Navistar is offering new programs designed to further cut the cost of ownership for its hybrid trucks.
Navistar announced at the Great American Truck Show Thursday that when buying the International DuraStar Hybrid medium-duty truck, customers will get a $6,000 tax-match incentive, a 60-month fair market value lease and a 60-month battery-lease program. The latter is a first of its kind in the North American commercial truck industry and results in an additional $10,000 off the purchase price of the truck, according to company officials.
"These three new programs are for customers who are feeling the pinch of fuel prices and who are looking for a greener alternative," said James L. Hebe, senior vice president, North American sales operations, Navistar. "These new programs help give customers a shorter payback period to realize their return on investment."
The DuraStar Hybrid offers up to 30-60 percent fuel savings over traditional diesel-powered trucks. The fuel savings of the DuraStar Hybrid recently qualified the truck for federal tax credits of $3,000 to $12,000, depending on application and GVW, for most customers. In addition to these tax credits, International is offering an additional $6,000 matching "Green" credit for qualifying buyers.
Navistar is also introducing two new leasing programs on DuraStar Hybrid. Navistar is offering a 60-month fair market value lease on the DuraStar Hybrid, in which customers will have the option when the lease expires to either purchase the truck or just walk away. In addition, Navistar is
offering a simple, 60-month battery-lease program for the DuraStar
Hybrid. The customer will receive an additional $10,000 off the purchase price of the vehicle in exchange for paying 60 monthly lease payments on the truck battery.
All three programs run through Dec. 31.
More info: www.Navistar.com.
Navistar announced at the Great American Truck Show Thursday that when buying the International DuraStar Hybrid medium-duty truck, customers will get a $6,000 tax-match incentive, a 60-month fair market value lease and a 60-month battery-lease program. The latter is a first of its kind in the North American commercial truck industry and results in an additional $10,000 off the purchase price of the truck, according to company officials.
"These three new programs are for customers who are feeling the pinch of fuel prices and who are looking for a greener alternative," said James L. Hebe, senior vice president, North American sales operations, Navistar. "These new programs help give customers a shorter payback period to realize their return on investment."
The DuraStar Hybrid offers up to 30-60 percent fuel savings over traditional diesel-powered trucks. The fuel savings of the DuraStar Hybrid recently qualified the truck for federal tax credits of $3,000 to $12,000, depending on application and GVW, for most customers. In addition to these tax credits, International is offering an additional $6,000 matching "Green" credit for qualifying buyers.
Navistar is also introducing two new leasing programs on DuraStar Hybrid. Navistar is offering a 60-month fair market value lease on the DuraStar Hybrid, in which customers will have the option when the lease expires to either purchase the truck or just walk away. In addition, Navistar is
offering a simple, 60-month battery-lease program for the DuraStar
Hybrid. The customer will receive an additional $10,000 off the purchase price of the vehicle in exchange for paying 60 monthly lease payments on the truck battery.
All three programs run through Dec. 31.
More info: www.Navistar.com.
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