Seize Your Business Opportunity with Used Trucks in Hanoi

“Smooth roads, profitable journeys” – This Vietnamese proverb resonates deeply with generations, especially those aspiring to build wealth through transportation. However, not everyone has the financial capacity to purchase a brand new truck. Understanding this, used truck financing emerges as an effective solution, enabling you to realize your business dreams with minimal upfront capital.

Used Truck Financing – A Smart Financial Solution

What is Used Truck Financing?

Simply put, buying a used truck with financing allows you to pay only a portion of the vehicle’s value upfront (typically 30% – 70%), while the remaining amount is covered by a loan from a bank or financial institution, payable over a set period.

For instance, Mr. Minh, a construction material supplier in Ha Dong district, wants to buy a used 2.5-ton truck for efficient goods transportation. After negotiation, the truck’s price is 200 million VND. Mr. Minh opts for financing, securing a 70% loan, equivalent to 140 million VND, from a bank. This means Mr. Minh only needs 60 million VND to own his desired truck.