For those planning to invest in new vehicles, there is a new generation of trucks to consider from MAN. This ‘all-new’ generation boasts features for economy and efficient, optimised uptime and an excellent driver fit. To further optimise the economy aspects of the new MAN truck ranges, buyers can look to sourcing cheaper truck finance through Jade Truck Loans.
While the price tag on new trucks undeniably holds significance in purchase considerations, factors like monthly repayments, interest rates, and the structure of financing might carry greater relevance when it comes to affordability for businesses.
Recently unveiled by Penske and MAN Truck and Bus, the latest generation of MAN trucks has captured attention. In this context, we delve into the intricacies of these new vehicles and the array of financing alternatives available to operators who aspire to integrate these innovations into their fleet.
Launch - New MAN Generation
In the release announcing the launch of their new generation of MAN trucks, Penske and MAN note that these new ranges are the first newly-developed generation MAN ranges in 20 years. The new ranges are the TGX, TGS, TGL and TGM.
Penske’s Craig Lee explained how this launch was significant in that these trucks represented a game-changer for the sector. Mr Lee said the company was confident that these new vehicle would redefine trucking.
Key features of this new generation of MAN trucks include:-
- Streamlined, modern workspace creates and excellent fit for drivers.
- Multi-function steering wheel, Smart Select navigator and advanced system for infotainment.
- Cabin environment which is ergonomically optimised and user friendly.
- Spacious, fully-furnished area for sleep and rest.
- Greater economy and efficiency with engines ranging from 250HP D08 to 64-HP D38 Euro 6e.
- Gearbox shift system, Tipmatic, utilising software to ascertain optimum moving-off and gearshift strategy in conjunction with the inclination and the load detection systems.
- Smart Shifting, idle speed driving functionalities.
- Enhanced aerodynamics.
- Uptime is optimised through the high reliability realised with the economical and efficiency features and systems.
- Oil drain intervals are extended for more on road and less off road time.
- Availability for higher payloads due to lower tare weights.
The MAN TGX range has won a number of prestigious awards including the 2021 International Truck of the Year, 2021 IF Design Award and Gold in the 2021 German Design Awards. The TGS and TGM were also awarded the 2021 IF Design Award and Gold in the 2021 German Design Awards.
Visit the MAN website to see which of these new generation ranges will deliver the greatest benefits and productivity for your business.
Cheaper Truck Finance Options
Although the enhanced efficiency and economic attributes inherent in the latest generation of MAN trucks hold promise for delivering favourable results to operators, these advantages might not be fully optimized if the associated truck finance proves to be prohibitively expensive. For the majority of operators, any investment in new vehicles is a contemplative process—one that necessitates yielding a favourable return on investment (ROI) in the long run, while also remaining financially viable and harmonizing with short-term cash flow dynamics. The decision to acquire new vehicles must strike a balance between long-term gains and short-term affordability, ensuring that the financial equation aligns with operational realities.
To achieve an optimal all-round result operators should consider all aspects of new truck finance:-
- Choice of lender
- Selection of finance product
- Interest rate
- Finance terms and conditions
- Tax benefits
- Customised loan structure
There are many banks, finance companies and truck manufacturers that offer truck finance and getting around to enough to be confident that the cheapest offer has been sourced can be extremely time-consuming. We cut that time to a minimum by handling the entire loan sourcing process. Plus we open industry-only lender channels to specialist heavy vehicle non-bank lenders to our customers. Lenders that are known for being more flexible when it comes to negotiating on finance terms, rates and conditions.
Selecting the most appropriate finance product for the business is extremely important to the overall outcome and achieving financial objectives.
The selection includes:-
- Chattel Mortgage For Truck & Trailer Finances
- Truck Leasing
- Rent to Buy
- Commercial Hire Purchase
Engaging in a conversation about this finance facet with your business accountant is highly recommended. There are Some Possible Benefits Of Chattel Mortgage Finance that can be substantial in terms of curtailing the overall vehicle cost. It's essential to acknowledge the value that this variety of finance can offer, particularly in light of the current option of temporary full expensing.
Clearly the interest rate is critical to the overall cost of the finance and the truck as well as to the monthly finance payments. We focus on achieving the cheapest rates from across our vast lender panel. Interest rates are set for further rises in the months ahead, so proceeding asap with your MAN truck acquisition may result in a cheaper rate than if that purchase is postponed.
Contact Jade Truck Loans on 1300 000 003 for a quote on cheaper truck finance on a new MAN truck.
DISCLAIMER: THIS INFORMATION IS ISSUED PURELY FOR THE PURPOSE OF GENERAL INFORMATION PROVISION. IT IS NOT TO BE TAKEN AS THE ONLY SOURCE OF INFORMATION FOR BASING FINANCIAL DECISION-MAKING. THOSE REQUIRING FINANCIAL GUIDANCE AND ADVICE SHOULD CONSULT WITH THEIR FINANCIAL CONSULTANT OR ADVISOR. NO LIABILITY IS ACCEPTED FOR ANY MISREPRESENTATION OF POLICIES, DATA OR ERRORS IN THIS CONTENT.
