Financing

Providing a seamless and affordable experience

At Leonard Truck and Trailer, we understand that financing plays a crucial role in the purchasing process. Our Finance Department is committed to making your truck or trailer purchase a seamless and affordable experience. With expert financing solutions, our experienced professionals specialize in providing personalized financing options for a range of vehicles, including trucks, trailers, and even golf carts.

We offer links for Rent to Own, Pre-Approval, Business Financing, and Consumer Financing. We also offer a page for Commonly Used Terms and Frequent Questions, as well as Gap Insurance.

Ready to get started? Our open, honest process is designed to put you in the driver's seat. Fill out our quick credit application and your options will be ready in a matter of minutes.

As a leading nationwide trailer dealership, we have established unique and exclusive relationships with multiple lending institutions, including banks and credit unions, allowing us to offer competitive rates and terms. This eliminates the need to visit multiple lenders or banks separately. We often have special promotions and incentives for financing through our preferred lenders. These can include low-interest rates, cashback offers, or discounted pricing. By utilizing our dealership financing, you may have access to these exclusive deals, potentially saving you money.

In addition to industry leading financing options, Leonard Truck and Trailer now offers rent to own options.

Our streamlined process ensures efficiency and saves you time. Financing has been available at the dealership for nearly 25 years, which ensures our team will guide you through the necessary paperwork, ensuring all required documents are completed accurately and promptly. Since we work directly with lenders and have established relationships, the approval process is quicker compared to obtaining financing independently and eliminates unnecessary hassle. This can expedite the vehicle purchase process and allow you to drive away with your new vehicle sooner. We offer flexible financing options for both personal and commercial use, tailoring the terms to match your specific requirements.

For those with trade-in vehicles or trailers, our knowledgeable staff will help maximize its value by providing a fair appraisal and applying the trade-in value towards the new purchase, reducing the overall financing amount.

To provide added peace of mind, we offer extended warranty programs for both trucks and trailers. Our finance department can provide you with information on available warranty options, protecting your investment and minimizing future repair costs.

We believe in personalized service and clear communication. Our finance department takes the time to understand your needs and financial situation, providing customized and personalized assistance based on your financial situation and creditworthiness. We will guide you through the paperwork, answer your questions, explain all terms and conditions clearly, ensuring you have a complete understanding of your financing agreement. Customer satisfaction is our top priority, and we go above and beyond to exceed your expectations. Our dedicated finance department is always available to address any questions or concerns you may have throughout the financing process.

You can contact the Finance Department via phone, online contact form, or by visiting the Leonard Truck and Trailer facility in North Jackson, Ohio to explore your financing options and get one step closer to owning the truck or trailer of your dreams.

Before you buy a trailer, it is important to educate yourself about the financing process. This will allow you to feel more confident about your purchase, and to make sure you are choosing the financing option that best suits your needs and budget. Our goal is to make the trailer buying process as painless as possible.

Expect to present some, if not all, of the below information to when submitting a credit application.

Your name, Social Security number, Date of birth
Current and previous address, Current and previous employer
Sources of income, Gross monthly income
Financial information that may consist of current credit accounts and other debt obligations.

Trailergard Coverage

Advanced Coverage Covered Components
A toll-free, 24-hour answering service; including holidays and weekends.

Surge & Electrical Trailer Brakes
Master cylinder and surge actuator system (electric or hydraulic) backing plates, wheel cylinders, clips and retainers, excluding friction materials.

Trailer Suspension
Coil and leaf suspension springs, axle shafts, spindles and bearings, Hubs, actuators, rubberized suspension components, axle attachment bolts.

Frame
Brackets, spring hangers, manual landing gear, manual winch.

Trailer Body Components
Door/ramp springs, Door/ramp/gate hinges, Door/ramp/gate handles, exterior door (broken metal), door ramp locks, safety chains.

Seals and Gaskets
All seals and gaskets on the assemblies listed under covered components.

Electrical
Factory installed 12V/110V/220V electrical system; (including, breaker box and breakers, wiring repairs, connector plugs, exhaust fan and interior/exterior light fixtures (excludes bulbs).

Manual Leveling Jacks
Manually operated leveling jacks and all components within.

Hitch
Coupler for both gooseneck and frame mounted hitches.

Advanced Plus Coverage Covered Components
Advanced coverage and the following:

Auxiliary Power Plant/Generator (New Trailers Only 4,000 watts or less.)
All internally lubricated parts of the power plant engine, starter solenoid, starter and ring gear, P.C. Board and switches, fuel lines and fittings, hour meter, oil pump and fuel shutoff solenoid. Cylinder head(s), block, and barrel are also covered if damaged as a result of a mechanical breakdown of a covered part.

Hot Water
Burner assembly, tank, thermostat, thermocouple, gas valve, electronic ignition assembly, wiring harness, P.C. Board and switches.

Fresh Water System
Water pump compressor, water tank, water lines, traps, fittings, faucets, and connections.

Air Conditioning
(110V roof mount or integral) compressor drive motor, evaporator, receiver-dryer, expansion valve, capacitors, relays, Thermostat, condenser, condenser fan, blower motor, fans, P.C. Board and switches including pressure cycling switch.

Range and Oven
Burner assembly, ignition assembly, thermostat, thermocouple, burner valves, microwave oven components, power hood including fan light and assemblies, P.C. Board and switches.

L.P. Gas System
Ignitor, regulators, valves and gauges, mounting brackets, pig tails, lines and fittings, and automatic safety shut-off system.

Heating System
Furnace ignitor, burner assembly, thermocouple, gas valve, thermostat blower motor, all ducts and duct work, P.C. Board and switches.

Refrigerator/Freezer
Thermostat, thermocouple, cooling unit, burner assembly, ignitor, P.C. Board and switches and heating element.

Electrical
Power converter/inverter.

Waste System
Plumbing for the shower, toilet, sink(s), and holding tanks; gate valves; and connections.

Comprehensive Coverage Covered Components
Towing and trip interruption expense at no extra charge.

Comprehensive Coverage
Covers all components except components/items listed in the what is not covered section of the contract book.

Optional Coverages

Slide Out Room(s)
Motor, worm gear, tracks, limiting switches, and wiring repair.

Electric/Hydraulic Systems, Including Leveling Jacks
Manufacturer installed motor/pump assembly, metal lines, fittings, hydraulic cylinders, electric motors, worm gear and electric switch.

Anti-lock Brakes
ABS sensor, ABS mounting blocks, ABS sensor retaining clip, ABS tone ring.

Air Brakes
Service air chamber, air chamber mounting brackets, automatic shock adjusters, cam-shaft bushings and "S" cam.

Additional Benefits Included

Towing
When a covered breakdown disables your trailer, we will pay for towing or emergency road service not to exceed $150 per disability, provided such labor is performed at the scene of the disability.

Trip Interruption
In the event a breakdown occurs more than 100 miles from your home and results in an authorized repair facility keeping your trailer overnight, we will reimburse you for receipted motel and restaurant expenses up to $75 per day for a maximum of three days (Total benefit per occurrence of $225).

Trailergard Tire & Wheel Road Hazard Protection

TIRE PROTECTION AND WHEEL/RIM PROTECTION:

COVERED ROAD HAZARD: Potholes, rocks, wood debris, metal parts, plastic or composite scraps or any item causing tire, damage beyond normal wear and tear.

COVERAGE INCLUDES:
• Repair or replacement coverage for the tire (including mounting, balancing, and taxes)
• Emergency Road Assistance benefit
• Coverage extended to the towing vehicle

FEATURES
• Benefits backed by "A" Rated Insurance Carrier
• NO DEDUCTIBLE
• NO REPLACEMENT COST LIMITS

MORE BENEFITS

FLAT TIRE COVERAGE: You will be reimbursed for up to $50 of charges incurred for the repair of flat tires caused by road hazard.

TIRE REPLACEMENT: Reimbursement for reasonable replacement costs should the tire become non-repairable due to snags, cuts, punctures or other road hazards.

WHEEL/RIM PROTECTION: Reimbursement is provided for expenses arising out of the repair or replacement of wheels rendered non serviceable due to failure of the wheel covered under your contract.

MOUNTING/BALANCING AND TAXES: We will cover the cost of mounting/ balancing and all local and state taxes.

Gap Protection

What is the GAP Protection?
Too often people assume that insurance companies will cover any loss related to their vehicle. In reality, the Actual Cash Value an insurance company places on your vehicle may be substantially less than the outstanding finance contract balance. Consequently, if your vehicle is damaged or stolen and is deemed a total loss, you may be responsible for the "GAP". This "GAP" is the difference between the amount required to pay off the loan or lease agreement and the Actual Cash Value determined by the insurance company.

Security
Pays off the remaining principal balance on your finance contract, plus your deductible*, in the event of a total loss.

Flexibility
GAP Protection is available to cover most types of finance contracts, including loan and lease agreements.

Benefits
• Covers finance contract up to 120% of the vehicle's MSRP or Retail Value.
• Up to $25,000 maximum claim amount.
• Covers Primary Insurance Deductible up to $1,000.
• Amounts financed up to $350,000

How Gap Works

Amount owed on Finance Contract	$28,000
Actual Cash Value of vehicle	-$23,000
GAP	$5,000
Primary insurance deductible (if applicable)	$1,000
Total out-of-pocket expense	$6,000
GAP Protection payment *	$6,000
Total owed to pay off Finance Contract	$0

Coverage exclusions will apply *
Any late charges, deferred payments, payment extensions and other charges on your finance contract.
Any cancellable items to which you are entitled a refund.

Trailergard Traceable Theft Protection

HOW & WHY DOES IT WORK?

Over a million vehicles are stolen every year in the United States. That is one every 20 seconds! Most are never recovered, or are recovered with extensive and costly damages. Since most people carry a significant deductible on their insurance policy, auto theft can result in substantial out of pocket costs to vehicle owners.

So how do you protect yourself? The Trailergard Traceable Theft Protection Program is a highly effective way to keep your vehicle safe from professional thieves. The Trailergard Traceable Theft Protection Program provides a unique identification code that is permanently affixed to your vehicle. Because thieves know that vehicles equipped with such protection systems are easily traceable by police, they frequently will seek out an easier target.

Insurance companies know that the Trailergard Traceable Theft Protection Program is an effective theft deterrent, therefore this program meets many insurance carriers' requirements for anti-theft system premium discounts.

THEFT COVERAGE PROTECTION

We are so confident in the effectiveness of our program, that we will provide you with robust financial benefits in the event that the system fails to deter the theft of your vehicle. Only the Trailergard Traceable Theft Protection Program provides real financial help when you need it most:

In the event that your vehicle is stolen and not recovered, or in the event that it is recovered but declared to be a total loss, you will become eligible for the following:

• A cash benefit that you can use towards the purchase or lease of a replacement vehicle, to cover your deductible, or to apply towards any other expenses that you may encounter.
• Down Payment Assistance-when you return to your selling dealership, you can receive an additional benefit that will be paid to the dealership towards the down payment on a replacement vehicle.

In the event that your vehicle is stolen and recovered damaged (but not totaled), you will be eligible for reimbursement of up to $1000 to pay your primary insurance deductible. In either event, you will be eligible for rental reimbursement expenses of up to $25 per day for 10 days.