Heavy Duty Trucking, March 2020
wide lessors point out that their services cover the waterfront including specing and maintaining trailers and fuel buying services We offer fuel at our facilities at customer sites and via a truckstop network says Penskes Lager The pricing is competitive but cost is just one aspect Fuel quality is also important Poor quality fuel can wreak havoc on aftertreatment systems Theres a lot more propensity to lease trailers now says Ryders Trahan He says that growth is due to trailers simply becoming more technical in nature Theres a need for smart trailers In the next five years that trend will increase as more systems leverage the internet of things as well as remote diagnostics not to mention integrating with digital freight networks A FINANCE LEASE DRIVEN BY THE MILES Daimler Truck Financial has come up with a way to offer a pay as you drive finance lease on certain Freightliner trucks Dubbed the Dynamic Lease its a financing option thats driven by data generated by a vehicles Detroit Connect telematics platform The idea according to DTNA is to enable finance customers to better manage their cash flow by aligning billable miles to their lease payments Dynamic Lease is a global product but is set to debut first in North America on Freightliner Cascadia models powered by Detroit engines Its slated to become available by late in the first quarter Daimler Financial explained that a traditional lease has the customer forecasting the mileage of the truck for the coming years before signing the contract and then paying an additional amount at the end if that mileage is exceeded By contrast with a Dynamic Lease customers will be billed only for miles actually driven in addition to the standard contractual basic fee It works like this A customers leasing package is linked to a serial number for each truck With the customers consent data on the total mileage of the truck is automatically transmitted to Daimler Truck Financial via connectivity systems which in turn allows the vehicle specific rate to be calculated for the customer on a monthly basis Dynamic Lease offers our customers an incredible amount of flexibility to manage their business and is a great complement to our other products said Tobias Waldeck head of Daimler Truck Financial when the new offering was announced last fall There is a minimum payment embedded he noted just like with your cell phone and a variable piece as well PHOTO FREIGHTLINER A new finance lease option aligns billable miles to lease payments on certain Freightliner trucks MARCH 2020 HDT 55 WWW TRUCKINGINFO COM
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