MISSISSAUGA, ON, Aug. 6 /CNW Telbec/ - In light of recent developments
that certain finance companies will suspend subsidized leasing in Canada,
Isuzu Commercial Truck of Canada (ICTC) has announced low-rate financing for
their commercial vehicles. Most notable is a "0%" program for up to 60 months
on their gas engine models. Diesel powered model financing can be as low as
4.9% for well-qualified customers.
This is the first time that Isuzu Commercial Truck of Canada, Inc. has
offered such an aggressive finance program for their medium duty trucks in
The swing away from leasing is a result of the capital markets taking a
very restrictive stance regarding the lease business, given the continued
crisis in the financial markets and the impact that the increased commodity
prices have on consumer behavior and residual values.
ICTC believes that the new reduced rate financing is a more viable
alternative. With that in mind, they have quickly responded to this situation
by replacing a recently announced gas model reduced rate lease with an
aggressive "0%" finance program. With the right combination of rate and cost,
the finance program may result in a better payment than the lease.
Isuzu manufactured low cab forward trucks are sold through a network of
Isuzu truck and GMC W-series dealers. For more information visit
www.isuzutruck.ca or call (905) 612-0100 extension 222.
For further information:
For further information: Paulette Landry, (905) 612-0100 ext 222