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August 26, 2009updated 12 Apr 2017 4:33pm

Penske Truck Leasing to resell used CVs on eBay

Penske Truck Leasing, the joint venture between transportation services company Penske and General Electric, has announced that it will begin to sell used commercial trucks through the auction web site eBay.

By Jason T

Penske Truck Leasing, the joint venture between transportation
services company Penske and General Electric, has announced that it
will begin to sell used commercial trucks through the auction web
site eBay.

The US-headquartered truck lessor said truck shoppers will be
able to bid on a full-range of vehicles, including light-, medium-
and heavy-duty trucks, as well as utility trucks, buses and sedans.
Customers will also be offered financing options through the
auction site.

“Innovation and entrepreneurship are part of our DNA at Penske
Truck Leasing,” said Jack Mitchell, vice president for remarketing
at the lessor.

“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 is one of the top commercial vehicle resellers in the US
– last year, it sold more than 23,000 used trucks, tractors and
trailers, primarily to wholesalers, manufacturers and corporate
fleets.

Jason T Hesse

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