We finance all types of trucks – concrete trucks, tow trucks, long haul vehicles & specialised trailers. We work with lenders who understand the transport and logistics industry who can help you get your truck sooner.
Trucks don’t need to be financed. And here at Tofu Auto we don’t recommend getting a loan unless you do need it – we’re not a fan of interest. However, most businesses choose to finance trucks as they either want to use cash elsewhere in their business, under an accountants advise for tax benefits or they don’t have the cash to purchase a truck outright.
Yes we do offer fleet management. Whether your just starting out or an existing business we are happy to take car of all your finance needs. We also have special rates available to our loyal customers to help them save further.
Yes. Used trucks are commonly financed, though lenders may consider the truck’s age, condition, and mileage when assessing the application.
If the vehicle is used as security the lender will have a clause that the vehicle will always need to be adequately insured. However, if we get an unsecured loan it isn’t required, but always still good practice to have some level of insurance.
Yes. You can get finance with bad credit and even a prior bankruptcy. But keep in mind not all lenders will lend to you or the rates might be slightly higher than market rates.
A deposit isn’t always required but is useful to reduce your loan and therefore your overall costs. It also may be required in some situations.
Yes we can do this through a mid-term refinance. You may have gotten your loan at a time when you had bad credit and there may now be an opportunity for a lower rate/fee loan. But we also do a refinance analysis to make sure you aren’t entering a loan that will cost you more that what you are currently paying.
