Financing
Are You Ready to Fill Out a Financing Application?
Explore customized financing solutions with our Finance Specialist
Have a Question? Send Us a Message and We will Contact you
Upgrade to a new Kenworth truck with convenient financing options
Upgrade from your old truck with ease at Kenworth Ontario. We partner with a wide range of lenders to offer flexible financing options for all credit levels. Drive away in a new Kenworth truck today with financing solutions tailored to your needs.
Speak with our Finance Specialist Team Today
Explore customized financing solutions with our Finance Specialist. Whether you’re purchasing a new Kenworth truck or upgrading your fleet, benefit from competitive rates and expert guidance tailored to your needs.
Ashley Lanthier
Finance Specialist
- 432 Corduroy Road
- Vars, ON K0A 3H0
- Toll Free: 1-844-443-5369
- alanthier@kenworthontario.com
Owning Or Leasing is Easier Than You Think
Kenworth Ontario can set you up with a number of attractive financing options with our best finance deals and incentives. Take advantage of variable rate loans and leases, skip payments. Or avoid unnecessary risks and lock in to today’s favorable interest rates.
Every financing plan is customized and can perfectly match the specification’s truck utility and your credit history.
- Variable or Fixed rates
- Simple or Floating Interest
- Start-up (business or owner operator) loans available
*Available through PACCAR financing options
Ask about your options:
Start The Process Today!
- Easy and simple financing process
- Custom finance / lease solutions though PACCAR as well as various other lenders
- Able to finance new owner/operator or those with some credit challenges
- Flexibility: skip payments or seasonal requirements as well as flexible down payment options
- Equity builder contracts
- Able to combine multiple truck, trailer and equipment purchases into one contract, one payment
- Insurance available to protect your assets/lease
- Quick approval decisions
Should You Lease or Buy?
Traditional financing and leasing have their own advantages, but finding the right option for you depends upon your specific situation. First, you need to determine which program works best for you and your business. After that you can dive into the specific options available within your narrowed scope.
To help you make the right initial decision, we’ve identified and compared the benefits of traditional financing and leasing for you.
| DIRECT COMPARISON | Loan | Lease |
|---|---|---|
|
Lower Initial Cash Outlay |
No |
Yes |
|
Lower Monthly Payment |
No |
Yes |
|
Own Equipment at Maturity |
Yes |
Optional |
|
Off-balance Sheet Financing |
No |
Possible |
|
Mileage or Usage Restrictions |
No |
Yes |
|
Payments Typically Tax-Deductible* |
Interest Only |
Yes |
|
Depreciation Tax Benefits to User |
Yes |
No |
Protect Your Investment with Gap, Deductible and Down Payment Protection
*Available through synergy Asset Protection Ltd
- Applicable only for loans and leases financed by Paccar
- Waives the difference between your insurance settlement and your outstanding loan/lease balance
- $100 000 total maximum waived by PACCAR
- Up to $5000 Deductible reimbursement included with the Gap Addendum
- Down Payment Addendum provides a credit, to a maximum of $30 000 towards a replacement vehicle for the first three years
Life Insurance
*Available through synergy Asset Protection Ltd
- In the case of an untimely death, pays off loan balance or the present value of outstanding lease payments
- Residual can also be covered
- Non-cancellable by Insurance Company under normal circumstances
- Payable even if there is other insurance in place
Total Disability Insurance
*Available through synergy Asset Protection Ltd
- Covers monthly payment of equipment that is owed to the finance company
- Pays in addition to other insurance, workers’ compensation, or other benefits
- Only required to be totally disabled and under a doctor’s care; hospitalization is not required
