KIRKLAND, Wash. — Kenworth Truck Company and PACCAR Financial Corp. have extended their Inventory Reduction finance offering through May 1, 2001. In addition, the company has added 2001 Kenworth truck models in dealer stock under a finance program designed to help truck buyers overcome rising operating costs and depressed used truck sales.
The “Three-Point Play” Program offers retail buyers financing options with the purchase of an eligible new 1999, 2000 or 2001in Kenworth dealer stock inventory now through May 1, 2001, and financed with PACCAR Financial.
The first option features a low introductory rate of 7.9 per cent for the first 24 months of the loan, converting to 9.9 per cent for the remaining 36 months of the term.
The second option in the program provides the buyer with $200 off their first 12 monthly loan payments. The truck buyer simply strikes their best financial deal with their dealer, then Kenworth and PACCAR Financial pays the first $200 on each of the loan payments for a year.
Finally, the third option is designed to assist buyers who may be “upside-down” in their trade-in on an eligible new Kenworth truck. PACCAR Financial will help by making over-allowance financing available for credit worthy buyers.
The Three-Point Play Program options are available with the purchase of any new 1999, 2000, or 2001 Kenworth Class 8 truck in Kenworth dealer inventory now through May 1, 2001, and financed by PACCAR Financial. More information on the program is available through Kenworth dealers.