LOUISVILLE, KY — Freightliner Trucks, in conjunction with DaimlerChrysler Services Truck Finance and Freightliner Market Development Corporation, announced the launch of a new lease program for medium-duty Business Class M2 106 trucks. The new financing package, called the "2005 BizLease Program", offers new Business Class M2 customers the ability to operate first-class vehicles with flexible payment options and low capital investments. The announcement was made at the Mid-America Trucking Show here. Through the 2005 BizLease program, qualified buyers can lease up to five units with minimum advance cash requirements on 48- or 60-month terms. Because the BizLease financing plan is a walkaway, or fair market value (FMV), lease program, customers have the option to purchase the vehicle at the current fair market value or return the truck to the selling dealer at lease maturity. The BizLease program is available on 2006-model year Business Class M2 106 trucks with gross vehicle weights of 25,500 or 33,000 pounds. Vehicles equipped with Mercedes-Benz MBE900 engines, Freightliner proprietary axles and transmissions from Mercedes-Benz or Allison qualify under the program guidelines. Eligible body types are flat-beds, stake-beds, dry vans and refrigerated trailers. Truck lessees are also required to acknowledge specific return conditions and a limit of 30,000 miles per year. However, customers may purchase up to 20,000 additional miles, allowing for a 50,000-mile per year maximum.

Originally posted on Fleet Financials