DTF will provide MFTA financing services
Jul 27, 2011 11:26 AM
Daimler Truck Financial (DTF) has reached an agreement with Mitsubishi Fuso Truck of America (MFTA) to begin providing financial products and services for more than 175 MFTA dealers and their customers in the United States.
Providing financial services for Freightliner, Western Star, Sprinter, and Thomas Built Bus dealers and customers, DTF will bring its financial services and programs to the MFTA dealer body in the United States. DTF manages a portfolio of approximately $5 billion that includes more than 120,000 commercial vehicles and 70% of Freightliner and Western Star wholesale dealer inventory.
MFTA markets Class 3–5 cabover work trucks. The new 2012 Canter FE/FG Series trucks offer improved fuel economy, best-in-class payloads, 18,000-mile service intervals, and are backed by a five-year/175,000-mile powertrain warranty.
Together, DTF and MFTA will provide competitive financing options with rates in Q3 as low as 0.9% for qualified customers. Other offerings include packages with terms up to 72 months. Additional product offerings will include TRAC lease, a full line of insurance and aftermarket products, and online account management.
In order to facilitate this partnership, DTF has created a dealer reference guide for all MFTA dealers that they can print or download containing contact information for DTF’s sales, credit, and service staff as well as credit application, funding requirements, and instructions on using its F&I Pro Website and Electronic Funds Transfer (EFT) systems.
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