The lender will either advertise their bank owned 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. For this article the type of bank owned inventory we are going to identify as used work trucks for special sales are the following Dump trucks flatbed trucks grapple and landscape trucks fuel and lube trucks bucket and boom trucks over the road and day cabssemi and big rig tractors tractor trailers water trucks tow trucks box vans and straight trucks septic and sewer trucks mechanic trucks These bank owned work trucks for sale are manufactured by Kenworth Peterbilt Freightliner Internationals Sterling Mack Ford GMC Volvos and Chrevolets Some of the lenders in the market have advertisedpersonal credit qualifications as low as 550 prior bankruptcy rules amended or ignored and startups welcome.
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