The Car and Truck Fleet and Leasing Management Magazine

Truck Lessor Consolidation Opens Door for New Lessors

February 6, 2002

There has been a dramatic decrease in the number of finance lenders to the Class 2-8 truck market due to company closings and consolidations, according to a survey conducted for the Equipment Leasing Association by MacKay & Company. One consequence of this consolidation, according to the report, is that the market is ripe for new lessor entrants.Another market change highlighted in the report has been the dramatic shift in finance and lease to used equipment from new in the past two years. Currently, used equipment comprises the bulk of finance/lease packages.The truck finance/lease market accounts for 9 percent of the Class 2-8 registrations.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Sponsored by

Personal use in the fleet industry refers to the personal use of vehicles by an organization’s employees.

Read more

Up Next

More From The World's Largest Fleet Publisher