Another sign the economy is moving upward, we have noticed many more inquires for used dump truck financing. Could this mean there is more construction, road work, infrastructure going on? Yes, I would guess that it would. Another indication that the economy is gaining strength is that the average price for used dump trucks and other commercial vehicles are also moving upward. Last year we saw the lowest average overall price on trucks than we’ve seen in over ten years. This year that trend has stopped. It’s too early to tell but we are approaching pre-recession levels on used truck prices.
For someone looking for used dump truck financing they are usually looking for fulfill a contract. The number of contracts for dump truck work is increasing as well. We believe we will see this trend well into the future.
To remind you of what we do, Capital Solutions is a leader in used dump truck financing for people with bad credit. With no minimum credit score we can help almost anyone finance a commercial truck. For those thinking of buying an existing dump truck business visit business valuations for more information