SelecTrucks, one of the largest retailers of used trucks in North America, announced new enhancements to its SelectLease fair market value (FMV) leasing program offered exclusively by Daimler Truck Financial, the captive financial services provider for Daimler Trucks North America.
The updated SelectLease FMV program benefits now include: eligibility for a single vehicle, allowing owner-operator participation; the Select Limited warranty coverage for the entire life of the lease; lower down payment options; and new lower monthly payments.
The SelectLease FMV lease stands to benefit lessees with decreased ownership risks, according to the company. The lease has no long-term obligations, meaning qualifying lessees can walk away in as little as 24 months with no end-of-lease residual requirements (after meeting all obligations of the contract, including mileage and return conditions).
“The SelectLease FMV gives owner-operators and fleets of all sizes the peace of mind that comes with minimizing upfront cash outlay and reducing maintenance expenses with warranty coverage,” said Brian Daniels, director, Used Truck Sales and Distribution, Daimler Trucks Remarketing. “We’re pleased to offer this unique program to help our customers succeed in their businesses with quality Freightliner and Western Star used trucks.”
Freightliner and Western Star trucks leased through the SelectLease FMV program also include the maximum available warranty coverage for the life of the lease. The 24-month lease term comes standard with 24-month, 200,000 mile Select Limited Base, Extra and After-Treatment System coverages. The 36-month term comes standard with 36-month, 300,000 mile Select Limited Base, and 24-month, 200,000 mile Select Extra and After-treatment System coverages.
Select Limited Warranties are backed by Daimler Trucks North America, the manufacturer of Freightliner and Western Star trucks, and include zero deductible and no aggregate claim limits. Leases can be secured at SelecTrucks retail centers across the United States.