Financial and Velociti, announced a new retrofit program for the
during the Technology & Maintenance Council's (TMC) Annual
Meeting and Transportation Technology Exhibition in Orlando Florida.
The "MTIST Stimulus Package" is a turn-key, buy four get one free retrofit
program that will allow fleets to purchase four retrofit kits, including
installation, directly from Velociti, for any axle combination, TN/TQ, TP,
WP, HP, HN, HQ etc. and have an immediate 20% savings on the cost of the
MTIST by PSI product. Velociti will perform kit installations at fleet
locations, with its nationwide presence of PSI certified mobile technicians,
as it has for many fleets during the past decade.
The entire product and labor cost of the package can be financed by Wirth Financial, and the fleet can pay for this retrofit right out of their existing tire expense budget.
An example of the savings available through the "MTIS Stimulus Package": A
50-unit retrofit would have the company pay for 40 units and receive 10 free
units with an estimated savings of $10,000. Wirth Financial will finance
the entire amount for 36 months costing the fleet approximately $30.50 per
month per trailer. Longer payment options are also available.
In addition to the savings realized through the "MTIST Stimulus Package,"
fleets adding the Meritor Tire Inflation System to their trailers will
experience on-going savings due to better fuel economy, improved tire wear
characteristics and tire retreadability, a reduction in expensive road side
service calls and elimination of costs associated with manually checking
tire pressures. Automatic tire inflation is a Smartway recommended
technology. Fleets can visit www.psi-atis.com or www.ArvinMeritor.com
to calculate their own ROI and expected savings based on their fleet size
and operation. A free cost savings hand-held calculation wheel is available
upon request from ArvinMeritor, just call (210) 222-1926 x 230, and mention
"The Stimulus Package Promotion."
Frank Sonzala, executive VP of Pressure Systems International explained that
the package being offered is an excellent opportunity. "Every fleet is
looking for ways to save money, but many are restricted in this tough
economic environment by cash considerations to add technology to do that.
We think the initial 20% savings offered in this new "Stimulus Package" on
top of Wirth's financing options can address that and encourage fleets to
add MTIST which ultimately will save them money." Jeff Kuglen of Wirth
Business Credit adds "Our financing programs help qualifying fleets add
MTIST to their trailers without a large outlay of cash and the savings from
adding this technology, in most cases can off-set the monthly payments.
Now, taking advantage of this new financing program to get one free for
every four purchased makes adding MTIST to existing trailers even more