Car Crusher Financing

Are You Looking to Buy a Car Crusher and Need Financing? We Are The Number One Independently Owned Transportation Equipment Finance Company in the United States. Contact Us To Help Grow Your Fleet!

At Commercial Fleet Financing, we know that getting the equipment you need to run your junkyard or car processing facility properly can be challenging. Many junkyards only rent or lease car crushers a few times a year when the need arises, but this approach tends to become more expensive over time and can limit the capacity for taking on new business. Companies that rent car crushers to junkyards or other types of businesses also need to ensure their equipment is in good working condition whenever needed.

In all of these situations, being able to add or upgrade new or used car crushers to meet evolving demands is important. Banks and traditional financing companies often find it hard to value car crushers and may not understand this highly specialized area. making it hard to get the financing you need, when you need it.

That’s why we are dedicated to providing flexible and accessible financing options for businesses of all sizes, so they can quickly and easily acquire the right car crushers to help them grow. Commercial Fleet Financing has been empowering businesses like yours with car crusher financing solutions for over 20 years. If you’re looking for reliable, transparent, and hassle-free financing solutions that cut your challenges down to size, partner with us today.

What is Car Crusher Financing?

Few businesses need car crushers, but when they do, getting one that fits their business structure, customer demand, and budget is crucial to success. More than just reducing unwanted or junked vehicles to a final size for easy transport to recycling, car crushers come in different varieties that achieve different results. One thing that is a constant is the unique challenges that come with financing such specialized equipment, including:

High Cost: New car crushers start at $150,000 and go up from there. While you can save money with a used machine, you also have all the caveats associated with buying used machinery. Whichever route you choose, you’ll need an experienced commercial lender to help with financing.
Specialized Equipment: Because car crushers are so specialized, mainstream lenders are typically unfamiliar with their value, which can lead to stricter lending criteria and unfavorable loan terms.
Interest Rates: If they don’t understand the industry, lenders might offer loans with higher interest rates than you would find with a specialty lender more familiar with this type of equipment. This can significantly increase the cost of ownership.
Cash Flow Management: With many financing options, you still potentially face a high upfront cost. A large downpayment can strain your finances and still not result in affordable payments. When business is slow, making large payments can strain your finances.
Environmental Regulations: Newer car crushers are more environmentally friendly, but also considerably more expensive than used models. Depending on where you are, you may find that you are forced to buy a more expensive model by emissions and other regulations.

What Kinds of Car Crushers Do We Finance?

Adding a new car crusher or upgrading your existing one can greatly benefit your business. Commercial Fleet Financing understands that you may have different kinds of needs for this equipment and offers financing solutions for many types of car crushers.

Industrial

These heavy-duty machines can process a high volume of cars at once, with massive jaws, powerful hydraulics, and, often, built-in cranes. When your business needs this scale of crushing capability, Commercial Fleet Financing can find you ways to make it affordable.

Stationary or Mobile

Stationary car crushers stay in one place, like a junkyard or recycling facility, while mobile car crushers are mounted on trailers and moved around to locations as needed for on-site crushing. Both tend to be smaller types of equipment, but still need the right financing solutions to be viable for your business.

Shearing or Shredding

Shearing car crushers use powerful jaws to cut vehicles into large chunks. Shredders use heavy-duty hammers or rotors with shearing blades to tear flattened vehicles into smaller pieces. Which one you need depends on your specific business and, sometimes, the destination of the crushed cars. Either way, Commercial Fleet Financing has you covered.

How Does Car Crusher Financing Work?

If you need a car crusher or heavy-duty wrecker, we provide a streamlined financing process to help you out.

Application: Our easy application process can be completed online, or you can get the help of one of our financing specialists.
Review and Approval: We take into account your business experience, requirements, and credit history.
Financing Options: Our team will go over the best financing solutions for your budget and business goals. Because car crushers are specialized equipment, we offer specific solutions based on your needs.
Funding: Once everything is finalized, we’ll make sure all the paperwork is correct and your funding is on the way. Often, funds can be available within 24 hours.
Ongoing Support: We don’t just sell you a loan and disappear. We provide continuous support and are always there to answer your questions or work to adjust things to match your changing needs.

What Financing Options are Available for Car Crushers?

There are several options available for financing new and used car crushers. They include:

Traditional Loans

When you’re working with an experienced commercial lender, a car crusher loan can be a good option for your business. Some of the benefits include:

Lower Interest Rates: Compared to alternative financing options, such as short-term loans or credit cards, traditional loans often come with lower interest rates, which can result in lower overall borrowing costs.
Flexible Repayment Terms: Lenders typically offer a variety of payment terms, allowing borrowers to choose a schedule that aligns with their cash flow and financial goals.
Build Credit History: Timely repayment of a traditional loan can help borrowers build or improve their credit history, which can be beneficial for future borrowing needs.
Access to Larger Loan Amounts: Traditional lenders may be willing to provide larger loan amounts compared to some alternative financing sources, enabling borrowers to finance the purchase of expensive equipment like car crushers.

Leasing

Leasing can be an attractive alternative to traditional loans for acquiring car crushers, offering unique benefits and considerations for businesses.

Lower Upfront Costs and Capital Preservation: Leasing typically requires lower upfront costs compared to purchasing outright or securing a traditional loan. This can free up capital for other business expenses or investments. Businesses can also preserve their capital for operational needs or growth opportunities, rather than tying it up in a large equipment purchase.
Potential Tax Benefits: Lease payments may be tax-deductible as a business expense, providing potential tax benefits for lessees.
Matches Equipment Lifespan: Lease terms can be aligned with the typical lifespan of a car crusher, so you’re not paying for the equipment after it depreciates significantly.
Flexible Terms: Leasing agreements often offer flexibility in terms of lease duration and end-of-lease options, which can allow businesses to adapt to changing equipment needs or technology advancements.
Maintenance and Service Included: Some leasing agreements include maintenance and service contracts, relieving lessees of the responsibility for costly repairs and upkeep.

Why Finance Your Equipment with Commercial Fleet Financing?

You do have options when it comes to financing your car crusher purchase – and Commercial Fleet Financing will make sure you understand them all. We are your trusted partner who will stay with you throughout the entire process and beyond.

Having helped business owners finance industrial equipment since 1995, we know the industry in and out, know the trends, and the latest strategies for financing. You will get competitive rates and terms tailored to your credit score, business history, budget, and goals.

We make the financing process quick and easy while offering rates comparable to what banks and credit unions offer. Our pricing is transparent with no hidden fees or confusing language. Many loans are approved within 24 hours and you could have your funding within 2 business days!

Choose Commercial Fleet Financing for your car crusher financing needs, and you’ll see the difference in competitive rates, flexible terms, and customer-focused service. Get in touch today to add a new or used car crusher to your business, or upgrade to a faster and better model.