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Edmonton’s economy is one of the most diverse in Canada. It’s backbone is a highly developed industrial sector that includes petrochemical, manufacturing, transportation and environmental engineering industries. All these industries are serviced by a variety of heavy-duty and medium-duty trucks among which Kenworth trucks are quite prominent.
Edmonton truckers like Kenworth for its strength, performance and reliability. The heavy duty jobs available in the city call for the features that Kenworth trucks offer. The market for Kenworth trucks in Edmonton is huge.
There are dealers and individual owners that offer their Kenworth trucks for sale. When you find the truck you want (new or used Kenworth truck), the next step is finding the right financing option. You can get financing for your truck through your dealer or if, for any reason, your dealer can’t help you with that you can search online and find offers from companies that specialize in truck and trailer financing.
Smarter Loans works with local Kenworth dealers and partners with the best truck financing companies across Canada. This way we can help you with two tasks: find a dealer in Edmonton that has the Kenworth truck you want and get you pre-approved for financing. Click here to get started now.
Below you will find some of Canada’s top financing companies that specialize in truck financing. If you have already found a truck you want to buy and are only looking for financing, then you can apply with one of the companies directly by clicking “Apply Now” next to its name in the list.
You can also pre-apply with Smarter Loans, and we’ll assist you in finding financing and a local dealer where you can purchase your truck.
Edmonton’s approximately 14,400 truck drivers serve several industry sectors. The biggest sectors for truck drivers are:
For the long hauls that Edmonton truck drivers often take, the heavier duty model lines are most appropriate. The T880 model line includes the trucks with the CUMMINS X15 engine, but with better fuel-efficiency than other heavy duty lines. The W900, however, sets a higher standard for power, reliability, and driver comfort.
Kenworth’s T880 model line comes with specific models for construction jobs. You can use trucks in their Construction and Chrome program that are meant for dump, ready-mix, crane, and flatbed applications. Alternatively, you could use many of their other heavy duty models for other construction jobs.
Edmonton has hundreds of openings for truck driver jobs. In particular, there are open positions for:
Alberta commercial truck driving licenses are provincially regulated. To have reliable access to truck driving jobs in Edmonton you can get a Class 1 license. This allows you to drive the most heavy duty Kenworth trucks.
You will get your commercial truck driving license by:
Edmonton is home to three Kenworth truck dealerships. Most Canadian cities have 0 or 1. So, if you want to get a Kenworth truck directly from the company’s dealerships, you’re in luck.
You can buy new and used Kenworth semi-trucks from other dealers as well. You can find their rates online in most cases.
If you want to buy a used Kenworth semi-truck for a better price, you should check online marketplaces. There, you can get better prices, but your interest rates will be higher when you finance them.
Kenworth has 3 specialized service centres in Edmonton. This makes the city one of the busiest in Canada for Kenworth servicing. But oddly enough, none of these locations participate in Kenworth’s PremierCare program.
The PremierCare program is one of the three opportunities Kenworth offers customers to save money and receive extensive servicing:
With PremiumCare, you can still receive remote benefits like roadside assistance.
The TruckTech+ program also offers remote assistance. They offer diagnostic and troubleshooting support to help you prevent problems and deal with them when they arise.
Fortunately, the 3 specialized Kenworth truck centres still offer great servicing for any issues your Kenworth trucks face.
The price range for a heavy duty (Class 7 & 8, 26,000+ pounds) Kenworth truck in Edmonton is $74,900 (5 years old) to $323,900 (top 2020 models).
You can of course get an older heavy duty Kenworth truck for less. But if you do, be aware that higher financing rates and maintenance costs will increase the overall cost of the purchase.
The most visible place to get financing in Edmonton will be at the truck dealership. But that doesn’t mean the dealership will always be the best place to get financing.
Truck dealers will usually work with a few truck financing companies. But depending on who they work with, you could end up rejected or with a bad deal.
That’s why looking online for truck financing has become more popular. You’ll have more time to compare more options. Then, you can be prequalified for the best deal possible before you reach the dealership.
Yes, you can get financing for more than one Kenworth truck. If you want one big loan from a truck financing company, you will need to be able to qualify for more funding.
Having a higher credit score and revenues will make it easier to take on more debt and get approved for larger loans. So yes, you can expand your fleet or start a new one with financing.
Yes, you can get Kenworth truck financing with bad credit. If you have bad credit your options will be more limited and you will be offered worse rates and terms. But there are still plenty of options.
You should compare the bad credit truck financing options available to you. You can also talk with your lender of choice and see if you can find an agreeable arrangement.
The average Truck Driver salary in Edmonton, AB is approximately $26.3 per hour or $54,704 per year which is higher than the average of $26 per hour ($54,080 per year) across Alberta and $22.9 per hour ($47,630 per year) across Canada.
The minimum qualifications for a loan in Canada are:
Next, each truck financing company will have their own set of requirements:
The above requirements will vary depending on the lender you’re going through. That’s why it pays to compare lenders and get prequalified.