Terex Offers Third Quarter Financing Deals on Compact Machines
Terex is offering a limited-time special 0-percent financing rate on all Terex skid-steer loaders, compact track loaders, compact excavators and compact wheel loader models. Terex is also offering cash discounts from $3,000 to $10,000, depending on the equipment model, in lieu of interest-free financing to best meet customers’ business needs. The program is now available through Terex compact equipment distributors in North America through Sept. 30.
“By combining Terex Construction’s broad range of compact equipment and services with our attractive financing programs, we are able to provide a positive ownership experience,” said Gary Dennis, vice president and general manager of Terex Construction Americas and Global Aftermarket. “Today’s customers expect more for their money from both their distributor and their manufacturer. We are committed to providing our compact equipment owners with more equipment choices and support before and after the sale.”
Customers who purchase a Terex skid-steer loader or compact track loader in the third quarter will have three financing options available to choose from: Zero-percent financing for 60 months; zero-percent interest financing for 48 months plus a free two-year/2,000-hour full machine extended warranty; or $3,500 customer cash on loader models under 60 horsepower (R160T, R165S, R185S, V200S, R190T, R200S, V230S) and $4,000 customer cash on loader models greater than 70 horsepower (PT-75, R265S, V350S, PT-110 and PT-110 Forestry).
Customers purchasing a Terex compact excavator can choose between 0-percent interest financing for 48 months or cash incentives of $3,000 on TC16, TC20 and TC29 models, $4,000 on TC35 and TC37 units, $5,000 on TC48, TC50 and TC60 machines and $7,500 on TC75 machines. For compact wheel loaders, customers can select 0-percent interest financing for 60 months or cash incentives of $5,000 on TL65 loaders, $7,500 on TL80 and TL100 models and $10,000 on TL120 units.
The deals are offered exclusively through Terex Financial Services. Participating customers are subject to the program’s terms and conditions, credit approval and completion of satisfactory documentation.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.