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Peterbilt trucks are a popular brand country-wide thanks to their famous reliability and high quality. Langley truck drivers rely on their Peterbilts in the region’s flourishing transport, forestry and construction sectors. These versatile medium and heavy duty vehicles can be used for almost any task, from haulage to rigging and winching, logging, equipment support, mixing, long haul transport, and much more.
At Smarter Loans, we work with Canada’s top truck financing companies to help you acquire the truck you need – from finding it at a local dealer, to financing it.
Regardless of which industry you work in, what you need a truck for, or whether you’re an owner-operator or a company seeking to expand their fleet, you can pre-apply for Peterbilt truck financing in Langley through Smarter Loans and we’ll help you find financing, find a dealer, or both. Both new and used Peterbilts are within your grasp! Or, if you have already found the truck you want, browse our list of reputable companies that specialize in Peterbilt truck financing, below, to find one that suits your needs. Simply click on “Apply Now” to get your application started.
A massive 24,000 people work in Langley and the surrounding area as transport truck drivers. The majority work in the following industries:
A number of large infrastructure projects planned for the lower peninsula will help push the demand for Peterbilt construction truck drivers up in the near future.
Truck drivers in Langley primarily work in the transportation sector, and the Peterbilt Class 8 heavy truck model 579 remains the most popular choice for open highway driving. This truck, available since 2012, is specifically designed for highway performance, with aerodynamic modifications to increase fuel efficiency. It also has a generous, ergonomically designed cab to aid in driver comfort over the long haul. The 579 is powered by either PACCAR MX or Cummins ISX engines.
The recent construction boom throughout the lower peninsula has led to Langley construction truck drivers preferring the vocational side of the Peterbilt range, such as the adaptable 367 and 567. The 367, available since 2015, has a 123 foot BBC and can be converted to many job sites thanks to its rugged construction. The 567, on the market since 2015, is also a vocational truck with a lot of flexibility, and it comes with an alternative fuel platform for those concerned about fuel consumption.
Popular Peterbilt models in forestry include the 388 (available from 2006 to 2015); this fan favourite was superseded by the 389 in 2015. While used models of the 388 are still available, the newer 389 offers the latest in technology and a PACCAR MX-13 engine, and can be used for miscellaneous heavy duty tasks as well as long haul transport.
A robust construction industry is helping to fuel demand for truck drivers in Langley, and the ever-dominant transportation and warehousing sectors also contribute to the perennial need for local drivers. The truck driver jobs that are currently most in demand in Langley are:
There are a few different types of commercial truck driver’s license in Langley (and throughout the rest of BC), and the requirements for each are slightly different. Drivers must:
Once these eligibility requirements are met, drivers must pass a knowledge test, a road signs test, and a practical road test. If you’ll be driving with air brakes, a separate air brakes test must also be taken.
With its close proximity to dealerships in nearby cities, as well as its own Peterbilt-TRP store, Langley is a convenient place to buy new and used Peterbilt semi-trucks. Official dealerships are part of the Peterbilt Pacific chain, and locations supply the entire range of Peterbilt products and services. There are also a variety of non-official Peterbilt heavy truck dealers, who may have pre-owned Peterbilts for sale in Langley. In addition, online truck sales have become a significant market, and an excellent place to research your future Peterbilt purchase.
Langley has a Peterbilt-TRP location, which is a handy source of official Peterbilt parts. And the official Peterbilt dealerships in nearby cities offer all the services needed for Peterbilt trucks maintenance, including Peterbilt special service plans – for example TruckCare. The TruckCare roadside assistance plan gives you peace of mind in the event of roadside difficulties, and ensures you’ll be back on your way in no time. Other dealerships within the Langley area will also be able to offer parts and service, though they may need some time to order in specific Peterbilt parts.
The rise in online marketplaces means that regional variations in truck prices have largely been evened out; so Langley drivers can expect Peterbilt prices comparable to the rest of Canada. New Class 8 Peterbilts are available from around $185,000, but can cost over $500,000 for higher end models. The exact type, engine choice (where applicable), and any modifications will all determine the final sticker cost.
Used Peterbilts are also available at a wide range of price points, depending on age, model, condition and other factors, such as engine type or customizations. It is worth noting that higher end models keep their value well, as Peterbilts are well known for their long term reliability.
The 367, popular in Langley’s construction industry, is available on the used market for prices ranging from $120,000 and up. The 579, the on-highway Class 8 heavy truck favoured by Langley’s long haul drivers (as well as across the rest of the country) can be found for as little as $80,000 (for a 5 year old vehicle). And the now out-of-production 388, used in industries as varied as forestry, trade and construction, ranges from as low as $63,000, all the way up to $260,000 for newer, higher spec vehicles.
The starting point for most people seeking Peterbilt truck financing in Langley is usually the dealership from which you’re purchasing your truck. Dealerships work with a selection of financing providers, often banks and credit unions, and these companies each have their own interest rates, rules, and eligibility criteria. As such, your loan options through these providers may vary – meaning differing interest rates, loan terms and loan amounts.
There are other routes to financing though, and if for some reason you are unable to get financing through your dealership – or if you simply want to research your options more – then there are plenty of companies that specialize in truck financing that may be able to help you. In many cases, you can apply to these companies online and get pre-approved for financing, from home, before you venture out to a dealership. In this way, you can know your maximum loan amount and interest rate before you start truck shopping.
It is possible to get financing for a fleet of trucks in Langley, thanks to truck financing companies. These companies work with owner-operators and businesses seeking to purchase one or multiple new or used trucks, and because of their expertise they can offer a variety of loans to buyers in Langley (and elsewhere in Canada). This includes loans for multiple trucks at once, when you are hoping to expand your fleet. To understand your financing options, check out some of these truck financing companies online to see their eligibility criteria and loan terms, or speak to your local Peterbilt dealers.
Obtaining financing for a Peterbilt truck is still possible if you have bad credit. A low credit score is anything below 650 (as 650 is the country’s average). The lower your score is, the harder it may be to find financing options. However, there are companies that specialize in loans to bad credit borrowers, and they are a good place to start if you’re concerned about your credit score. Be aware though: while you may still be able to get approved for financing for your Peterbilt, the loan terms may be harsher than on standard loans. For example, it is common for bad credit loans to have higher interest rates.
There are some common eligibility requirements that most companies offering truck financing in Langley require borrowers to meet. These are:
Once you clear these basic hurdles, your approval for a loan will depend on:
Those with a chequered financial past are still eligible for truck financing, but they may need to seek help from a specialized financing company that works with lower credit or higher risk borrowers.