Kenworth Truck Financing & Leasing

Kenworth Truck Financing and Leasing in Canada

Canada is home to a flourishing trucking industry that is actively looking for new drivers. A popular endeavour is folks purchasing their own trucks and contracting on certain jobs. Common trucks purchased by folks in Canada are Kenworth trucks. They provide a plethora of options for Class 8 heavy-duty trucks and have become a household name in the industry. To invest in one, you’ll probably need some financial help due to how expensive it can get.


At Smarter Loans we work with local Kenworth truck dealers throughout Canada and top truck financing companies in the country. By doing this we help you with two things: find a local Kenworth truck dealer that has the truck you’re looking for, and get you pre-approved for financing. Click here to get started now.


As you scroll down you will find top financing companies that specialize in Kenworth truck financing. If you already found a Kenworth truck in your area, and are only looking for financing options, click Apply Now next to a company of your choice. Other professional truck brands to consider are Mack, Freightliner, International, Peterbilt or Volvo. Pre-applying is also an option at Smarter Loans, we will help you with either financing, finding a dealer, or both.


We can help connect you with the top Kenworth truck and trailer financing providers in Canada.

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Top Kenworth Truck Financing & Leasing Providers in Canada

Interest Rate
12 - 120 Months
$15,000 - $1 Million
Starting at 8%
3 - 24 Months
Starting at 7.99%
3-24 months
$5,000 - Unlimited
Starting at 2.5%
2 - 10 years
$5,000 - $500,000
4 - 12 months
$5,000 - $500,000
Starting at 7.99%
6 - 24 Months
$5,000 - $50M
Starting at 7%
5 - 96 months
$2,500 - Unlimited
Starting at 3.9% - 34.9%
3 - 240 Months

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Types of Trucks that Kenworth Makes

Kenworth On-Highway Trucks

  • W990
  • T680

Kenworth Vocational Trucks

  • W990
  • T880
  • T170, T270, T370
  • T440 & T470
  • T800
  • W900
  • C500

Kenworth Medium Duty Trucks

  • K270 & K370
  • T170, T270, T370
  • T440 & T470

Kenworth Off Highway / Export Trucks

  • C500

Kenworth Traditional Trucks

  • W990
  • W900

Kenworth Off Highway / Export Trucks

  • C500

Kenworth Gliders

  • T800
  • W900


The Kenworth W900 is a true Kenworth classic. It features a 180-625HP engine and has been in production since 1961. The W900 model line won’t let you down.


If you have a large budget, the T880 offers so much utility. Kenworth set out to build ‘the ultimate work truck’ and the T880 was the result.


The 300-horsepower T270 line provides the reliability of Kenworth without the high price tag, even for a new model.


With a reliable PACCAR 12-speed automatic transmission engine, the T680 uses a well-balanced Kenworth truck. In good hands, it’s a more fuel-efficient and budget-friendly model line.


The T370 line keeps bringing in new additions. The 270-horsepower trucks come at an affordable price, with the PACCAR PX-9 engine.

Where to buy Kenworth trucks in Canada?

In recent years people have become accustomed to doing their pre-purchase research online. Today many Kenworth truck buyers across Canada find their trucks, negotiate deals, and complete their truck purchases using the internet.

All types and models of Kenworth trucks are now available online from Kenworth dealers and individual owners. This makes it convenient for the buyers to find good deals and buy trucks that suit their business needs and budget.

What to consider when buying Kenworth trucks for your business in Canada?

Buying Kenworth trucks in Canada will usually require a large loan. These heavy trucks cost at least $30,000 CAD for used models, however, new models can cost well over $100,000 CAD. The best and most popular models start around $140,000 CAD. So, you will want to compare options and choose the best loan.

It’s always important to compare the different financing options available to you before making a decision. After doing the required research you should feel assured that you are getting the best deal that is available.

If you’re buying a used Kenworth truck, consider how that may affect your loan and maintenance. Remember:

  • Loans for used Kenworth trucks will have higher rates
  • High maintenance costs can strain your budget especially if you already have loan repayments

New vs Used Kenworth Trucks

While newer is always better, you can save a lot of money by buying a decent used truck. But you should be aware of the downsides of buying used.

When should you buy used?

Buying a used Kenworth truck can save you a lot of money, however, used trucks will cost more to finance and are likely to cost more in maintenance.

If you’re going to need highly functional trucks for a long time, you shouldn’t buy used. If your budget is limited, buying a used truck may be the best option.

When should you buy new?

You should buy new Kenworth trucks on sale in Canada if you’re concerned about maintenance issues. After repeated long trips, many issues can arise, despite Kenworth trucks’ overall reliability.

The more serious your trucking needs are, the more important a functional vehicle becomes. So, if you want more reliability in your Kenworth trucks, you should buy new.

Why Choose a Kenworth Truck?

  • Kenworth semi-trucks are spacious and feature attractive interiors
  • Thanks in part to Kenworth’s engines and exhaust, the trucks are reliable
  • Many automatic options for rookie truckers
  • Less driver fatigue and pain due to the comfortable interior
  • Kenworth truck reviews are mostly positive overall
  • Kenworth truck parts are easily available from dealers and are considered to be less expensive than those for trucks of some other brands
  • Kenworth has an extensive dealership network and strong customer service
  • Kenworth trucks are believed to be built using sturdier materials and smarter designs

Kenworth Mobile App Overview

Operating trucks legally requires its own license for a reason. Truck operations can be difficult. That’s why Kenworth has its own app now.

In 2008, Kenworth launched the Kenworth Essentials App for Apple and Android. The app includes a Driver Academy series for Kenworth T680 and T880 customers and drivers.

These essential tutorials go over everything you need to know about the Kenworth trucks. Fuel economy, cruise control, and collision mitigation are all discussed in detail. At the moment, the Kenworth Essentials App features 44 short instructional videos.

Furthermore, the app even helps you buy a truck. Using your current location, the app can direct you to your nearest Kenworth PremierCare® dealership.

Kenworth Trucks FAQs

How much does a Kenworth truck cost in Canada?

The prices on new and used Kenworth trucks vary widely. You can expect to pay at least $30,000 for a used model. Bear in mind that this price is for old models that you can still finance. Trucks over a decade old can cost less, but they may be less easy to finance.

Prices for the new 2020 Kenworth trucks will start at about $80,000 CAD and can go over $350,000 CAD depending on the model and modifications.

How do you get financing for new and used Kenworth trucks in Canada?

There are many Kenworth truck financing options in Canada. New Kenworth trucks are easier to finance than used ones. But if you’re considering buying a pre-owned Kenworth truck, it will be far cheaper.

Your options for truck financing start with the traditional business lenders. Banks and credit unions can provide you with Kenworth financing through business loan options. There are commercial auto loans that can cover the cost of purchasing a Kenworth truck. These installment loans from traditional lenders will come with the best rates.

Many online lenders can finance truck purchases. Their rates will fluctuate more than traditional lenders’ rates. But if you have a reliable income and high credit score, getting better rates and longer repayment terms will be easier.

What Engines do Kenworth Trucks Use?

Modern Kenworth heavy-duty trucks use PACCAR MX-13 engines produced by its parent company PACCAR Inc. at the PACCAR Engine Company plant in Columbus, Miss.

  • PACCAR MX-1312.9 liter engine 405 – 510 HP 1,450 – 1,850 LB. – FT. of torque

Where are Kenworth Trucks Made?

Kenworth trucks are built at assembly plants in:

  • Renton, Washington, USA
  • Chillicothe, Ohio, USA
  • Ste. Therese, Quebec, Canada
  • Bayswater, Victoria, Australia ( Kenworth Australia)
  • Mexicali, Baja California, Mexico

Engines for Kenworth trucks are manufactured by PACCAR, Inc at the PACCAR Engine Company plant in Columbus, Mississippi.

Who Owns Kenworth?

The Kenworth brand is owned by PACCAR Inc, one of the largest manufacturers of medium- and heavy-duty commercial vehicles in the world.

What Kenworth Trucks are so Popular?

Kenworth currently holds about 15.2% market share among Class 8 trucks in North America. Kenworth trucks are recognized for their dependability, reliability, sturdy construction and comfort. These qualities make Kenworth trucks very popular among truckers.

When Was the First Kenworth Truck Made?

The company built its first truck in 1923, and since then Kenworth has been building trucks for a variety of vocational and on-highway applications.

What are the Average Truck Operating Costs in Canada?

Annual truck operating costs for carriers in Canada may range between $150,000 and $190,000 CAD with truckers covering over 190,000km (or over 120,000 miles) per truck per year. Here is a breakdown of main expense categories that operating a truck incurs (according to the findings of American Transportation Research Institute (ATRI):

Vehicle-based Expenses

Share of Per Mile Operating Costs

Driver-based expenses

Share of Per Mile Operating Costs

  • 33% – Driver Wages
  • 10% – Driver Benefits

Kenworth Useful Resources

Types of Kenworth Truck Financing & Leasing offered:

  • Highway Trucks
  • Tow Trucks
  • Semi-trailer Trucks
  • Box Trucks
  • Flatbed Trucks
  • Garbage Trucks
  • Light Duty Trucks
  • Heavy Duty Trucks
  • Concrete Transport Trucks
  • Dump Trucks
  • Flat Bed Trailers
  • Dry Van and Enclosed Trailers
  • Refrigerated Trailers
  • Reefer Trailers
  • Lowboy Trailers
  • Step Deck Trailers
  • RGN Trailers
  • Conestoga Trailers
  • Side Kit Trailers
  • Specialized Trailers

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