Skip To Main Content

Compare Loans vs. Leases

First, you need to determine which program works best for you and your business. After that you can dive into the specific options available within your narrowed scope. To help you make the right initial decision, PACCAR Financial has identified and compared the benefits of traditional financing and leasing for you below.

In addition to your specific business circumstances, which will always be the biggest factor in determining which solution is best for you, different payment options should also be considered.

Whatever your decision, PACCAR Financial offers the largest number of financing options, including fixed rate and variable rate loans and leases, skip payments, and token payments.

Please contact your local Kenworth or Peterbilt dealer or contact PACCAR Financial to discuss a custom-tailored solution that meets your needs.

Benefits of Loans vs Leases

Loans

  • Own equipment at maturity
  • Interest payments typically tax deductible
  • Depreciation tax benefits to user
  • No mileage or usage restrictions

Leases

  • Lower initial cash outlay
  • Lower monthly payment
  • Off-balance sheet financing

Your Commercial Truck Financing Experts

Delivering trusted commercial truck financing for Kenworth and Peterbilt trucks since 1961.

About Us

Financing Support

Dedicated customer service and account support built around your commercial truck financing and leasing needs.

Customer Service

Find and Finance Pre-Owned

Access premium pre-owned Kenworth and Peterbilt trucks and finance them directly through PACCAR Financial.

Used Trucks