Excavators For Sale, Off Lease, Updated Bank and Lender Repos, Part I

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8/9/2019 Excavators For Sale, Off Lease, Updated Bank and Lender Repos, Part I http://slidepdf.com/reader/full/excavators-for-sale-off-lease-updated-bank-and-lender-repos-part-i 1/6 Excavators For Sale, Off Lease, Updated Bank and Lender Repos, Part I Excavators are for sale and can be found in the secondary repo and off lease markets from banks and lenders looking to liquidate and finance their inventories. A struggling economy has caused many customers to be in default of their lending arrangement and/or returned their excavators at the end of the lease without taking title to it for economic reasons. With the unemployment rate high and new contracts not plentiful, this has created a buying and financing opportunity for some start up and seasoned businesses. Due to a contracting economy, many lenders have excess excavator inventories that they need to put back on the street. These in-house inventories are non income producing, therefore putting pressure on the lender to make a deal with the consumer. These deals can be found in the price, the financing or a combination of both. The lender has taken these dozers, and/or equipment back and now must recondition the construction equipment and either sell these items or re-lease them. The lender will either advertise their inventory through their internal sales force or outside professionals such as brokers to move their inventories as quick as possible. Sometimes as these inventories either sit or whatever reason isn't moving, the lender may put these items up for auction . Some of the ways the startup and/or seasoned business can locate these deals are through trade publications, surfing internet search engines, contacting lease brokers for information and speaking to lenders directly. Some of the lenders in the market have advertised personal credit qualifications as low as 550 , prior bankruptcy rules amended or ignored and startups welcome. Cash buyers have the best opportunity to get the best discounted price… Happy hunting for your bank and lender repo and off lease excavator, http://www.jaguarequipmentleasing.com/leaseconstruction.htm Jaguar Equipment Finance

Transcript of Excavators For Sale, Off Lease, Updated Bank and Lender Repos, Part I

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Excavators For Sale, Off Lease, Updated Bank and Lender Repos, Part I Excavators are for sale and can be found in the secondary repo and off leasemarkets from banks and lenders looking to liquidate and finance their inventories. A struggling economy has caused many customers to be in default of their lending arrangement and/or returned their excavators at the end of the leasewithout taking title to it for economic reasons. With the unemployment rate highand new contracts not plentiful, this has created a buying and financingopportunity for some start up and seasoned businesses.

Due to a contracting economy, many lenders have excess excavator inventoriesthat they need to put back on the street. These in-house inventories are nonincome producing, therefore putting pressure on the lender to make a deal withthe consumer. These deals can be found in the price, the financing or acombination of both. The lender has taken these dozers, and/or equipment back and now must recondition the construction equipment and either sell these itemsor re-lease them. The lender will either advertise their inventory through their internal sales force or outside professionals such as brokers to move their inventories as quick as possible. Sometimes as these inventories either sit or

whatever reason isn't moving, the lender may put these items up for auction .

Some of the ways the startup and/or seasoned business can locate these deals arethrough trade publications, surfing internet search engines, contacting lease

brokers for information and speaking to lenders directly.

Some of the lenders in the market have advertised personal credit qualificationsas low as 550 , prior bankruptcy rules amended or ignored and startups welcome.Cash buyers have the best opportunity to get the best discounted price…

Happy hunting for your bank and lender repo and off lease excavator,

http://www.jaguarequipmentleasing.com/leaseconstruction.htm

Jaguar Equipment Finance

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MARCH 24, 2010 BANK PRICES

1995 CATERPILLAR 330 $33,899.00 Excavator 1999 CATERPILLAR 315BL $37,659.00 Excavator 1996 Caterpillar 322L $34,000.00 Excavator 1993 CATERPILLAR 325L $29,939.00 Excavator 1998 Caterpillar 330BL $43,700.00 Excavator 2005 CATERPILLAR 330CL $94,000.00 Excavator 2006 CATERPILLAR 330CL $105,186.00 Excavator 1995 CATERPILLAR 330L $33,899.00 Excavator 1994 CATERPILLAR 350L $32,935.00 Excavator 2001 DAEWOO S170-V $30,000.00 Excavator 1985 JOHN DEERE 490 $5,417.00 Excavator

1988 JOHN DEERE 790D $14,547.00 Excavator 2005 KOMATSU PC50MR-2 $22,595.00 Excavator 1996 LINK BELT 4300 $15,745.00 Excavator 2000 LINKBELT 4300Q $24,041.00 Excavator 2005 TEREX HR32 $26,120.00 Excavator

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1995 Caterpillar Excavator...320L......Sales Price......$33,000LOCATION ......Missouri.....

Year.......1995Make.........CaterpillarModel..........320LStock #........4362

Hours...........4952Color.............YellowCab.........Erops

Engine............ Cat 3066T Diesel, 128 HPTransmission...........Hydrostatic

Tires / Tracks..........24"Percentage.......30%Drive..............HydrostaticAir Conditioning......No Arm Length......... 9' 7"

Max Reach......... 32' 3" @ Ground LevelLift Capacity........ 13,700#Max Digging Depth........... 22'Tail Swing Radius..........8'Attachment.......Claw & RakeApprox. Wt.......... 45,400#Two Buckets.......34" Wide and 57" WideThumb.........Hyd.

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2000 Caterpillar Excavator...315BL......Sales Price......$38,500LOCATION ......Missouri

Year.......2000Make.........CaterpillarModel..........315BLStock #........7007Hours...........4173

Color.............YellowCab.........Erops

Engine............Cat 3046 Diesel, 99 HPTransmission...........Hydrostatic

Tires / Tracks..........28"Percentage.......50%Drive..............HydrostaticAir Conditioning......Yes Arm Length.........8' 6"Max Reach.........28' 8"Lift Capacity........5,150# Over Side, 20' Radius @ GrdMax Digging Depth...........19' 10"Tail Swing Radius..........8'Approx. Wt..........36,200#

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JAGUAR EQUIPMENT FINANCE Phone 800-760 6863 Fax 866 671-6878

www.jaguarequipmentleasing.com

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