SelecTrucks has reintroduced its SelectLease manufacturer-backed fair market value leasing program, the company announced.
Participating fleets will have access to monthly payment plans, down payment options, flexible lease terms ranging from 24-36 months, and free 60-day Buyers Assurance.
Freightliner trucks leased through the program are eligible for the Select Limited Warranty of up to 48 months or 400,000 miles. The warranty includes a zero deductible on standard truck service at Freightliner dealerships nationwide.
According to the company, SelectLease enables fleets to upsize with a smaller upfront cost. The program allows customers to walk away in as little as 24 months with no end-of-lease residual requirements beyond return conditions and standard mileage allowances.
“SelectLease gives fleet customers peace of mind by minimizing upfront capital expenditure and decreasing the overall risk that comes with ownership,” said Bryan Howard, director of sales and distribution for SelecTrucks. “We’re pleased to offer this unique program to help our customers grow their businesses with quality, late-model used trucks.”
The program is backed by Daimler Truck Financial, the commercial captive finance company for Daimler Trucks North America. The actual rates, terms and down payment, and program eligibility will be determined by Daimler Truck Financial’s Credit Team based on the creditworthiness of the customer.