Locating off lease and repos for tow trucks, including tow truck wreckers and rollbacks, can be a major acquistion and dealer financing opportunity. Today’s economy is all over the place and conventional financing has dried up at many banks and/or lending institutions, owners can seek and find special financing in the secondary markets where there are repos and off lease trucks and equipment to be secured for acquisition. Due to a contracting economy, many lenders have excess inventories on their books that they need to put back on the street. These in-house inventories are non income producing, therefore putting pressure on the lender to make a deal with the consumer. These deals can be found in the price, the financing or a combination of both.
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