Lombard Finance, a prominent asset finance provider, occasionally sells trucks that have come into their possession, often due to lease terminations, repossessions, or trade-ins. These trucks can represent a potentially cost-effective option for businesses and individuals looking to expand or replace their fleet.
Finding Lombard Finance trucks for sale typically involves exploring a few different avenues. Firstly, monitor Lombard Finance’s own website. Many finance companies have a dedicated section for asset sales where they list available vehicles, including trucks. These listings often include details about the truck’s make, model, year, mileage, and condition, as well as pricing information. Look for categories like “Used Equipment” or “Asset Sales”.
Secondly, consider contacting Lombard Finance directly. Speaking to a sales representative allows you to inquire about current inventory and any upcoming sales. You can also express your specific needs and preferences, which allows them to alert you to trucks that meet your criteria as they become available.
Thirdly, explore online auction platforms and used truck dealerships. Lombard Finance frequently uses these channels to liquidate assets. Websites specializing in heavy equipment auctions, or those that cater specifically to used trucks, can be excellent resources. Keep an eye out for listings that indicate the seller as Lombard Finance or a related entity. Scrutinize the details provided in the listings, and if possible, arrange a pre-purchase inspection.
When evaluating Lombard Finance trucks for sale, thorough due diligence is essential. Understand the truck’s history, including maintenance records and any known issues. A professional mechanic’s inspection can provide invaluable insights into the truck’s mechanical condition and potential repair needs. Factors such as engine condition, transmission performance, brake wear, tire condition, and overall structural integrity should be carefully assessed.
Financing options are also worth considering. While you might be purchasing the truck from a finance company, they may not necessarily offer financing for the sale of their repossessed or off-lease assets. Explore financing options from your own bank, credit union, or other lending institutions to secure the necessary funding. Be sure to compare interest rates and loan terms to find the most favorable option for your budget.
Buying a truck from Lombard Finance can present opportunities for savings, but it also requires careful research and evaluation. Understanding the vehicle’s history, condition, and potential maintenance needs will help you make an informed decision and ensure that the truck meets your requirements and provides reliable service for years to come.
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