Building a Fleet, Try eBay

Aug. 19, 2009
Penske will sell used commercial vehicles through eBay Motors, the company announced

Penske Truck Leasing announced the availability of direct-to-consumer used commercial truck sales through eBay Motors. It will offer a full-range of vehicles, including light-, medium- and heavy-duty trucks, utility trucks, buses and sedans.

Each vehicle meets Penske’s interior, exterior and component quality standards and comes with a complete history of the vehicle’s preventive maintenance schedule, the company said.

“Innovation and entrepreneurship are part of our DNA at Penske Truck Leasing,” said Jack Mitchell, vice president–remarketing, Penske Truck Leasing. “Leveraging this new sales channel and being among the first major truck leasing companies in our industry to bring used truck sales direct to the retail market via eBay Motors exemplifies this.”

Penske said it also offers comprehensive financing options through a partnership with netLoan. It also has an option to add an extended warranty from National Truck Protection.

In 2008, Penske sold more than 23,000 used trucks, tractors and trailers, primarily to wholesalers, original equipment manufacturers and corporate fleets.

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