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Montreal is one of Canada’s largest trucking hubs with most of the fleets and workforce used in the transportation, warehousing, construction, and wholesale trade sectors. The city’s aerospace, retail, healthcare and IT industries create a high demand for powerful commercial trucks like those built by Kenworth to perform a wide range of tasks related to transportation and handling of goods and materials.
Many owner-operators and fleets in Montreal and across the province have Kenworth trucks as their top choice when it comes to buying a new truck or expanding their fleet. The market for Kenworth in Montreal, QC is huge.
Smarter Loans works with local Montreal truck dealers and some of the top financing companies in Canada helping you accomplish two tasks at the same time: find a dealer that has the truck you want to buy and get you pre-approved for financing.
Below you will see a list of some of the best Canadian companies that specialize in truck financing. If you already picked a truck you want to buy and only looking for options to finance it, you can apply for financing with a company of your choice by clicking “Apply Now” next to its name in the list.
You can also pre-apply with us and let us help you with either financing, finding a dealer or both.
Montreal is an economically diverse city with several major industries. Montreal truck drivers serve a few major industry sectors and many smaller ones. The top sectors served by truck drivers are:
Long haul truck drivers are in high demand for the transportation and warehousing sector. For these long trips, heavy duty Kenworth model lines like the W900 and T880 are in demand. The W900 line comes with the highest price tag, but it excels in almost every way. W900 line models come with the CUMMINS X15 engine and the best sleepers of all Kenworth lines. T880 models are fuel-efficient and reliable as long-distance haulers.
The T880 line isn’t just good for hauling. It also comes with trucks that participate in the Kenworth Construction and Chrome program. Those T880 trucks are ideal for dump, ready-mix, crane, and flatbed applications.
W990 model line trucks serve as an alternative to the W900 line. But for lighter wholesale trade needs, the T370 line can suffice. These models come with lighter PACCAR PX-7 and PX-9 engines which cost less but can also deal with less demanding tasks.
There are hundreds of truck driving jobs available in Montreal. The most common titles listed are:
Commercial truck drivers’ licenses in Quebec are regulated by the SAAQ. The highest level license in the province is a Class 1 license. Each class of commercial truck driver’s license has the same necessary requirements:
The steps for getting commercial truck driving licenses are:
For a Class 1 license, there are 2 road tests.
Montreal has one Kenworth truck centre where you can buy Kenworth trucks and get them serviced. The location sells new and used trucks and has a wide selection available.
There are also other truck dealers that sell new and used Kenworth trucks. Many of them can be contacted online, where you can request a quote.
You can also buy used Kenworth trucks on some online truck marketplaces. Just remember to do your background research if you buy a much older truck.
The Kenworth truck centre in Montreal offers advanced truck servicing options. It participates in the company’s PremierCare Gold program. The program not only includes in-site fleet efficiency assistance and servicing, but also remote roadside assistance.
There is also the TruckTech+ program, which offers remote diagnostics and troubleshooting assistance. For discounts, you can also check out the Kenworth Privileges program. You might be able to get discounts on future purchases.
Newer heavy duty (Class 7 & 8, 26,000+ pound) trucks will cost you between $97,900 and $183,400. For an older heavy duty truck (5 to 10 years old), the cost will be between $24,000 and $75,000.
You may find even lower prices from some individual sellers on online truck marketplaces. Just be aware that the quality of the truck may diminish, especially if it’s quite old.
The first option you have is to just talk to the dealer. If you go to a truck dealership, they will typically work with a few truck financing companies.
You can also get truck financing from a bank. There, you can talk to a financial advisor about your options. If you have accounts open there, they can offer you a more personal explanation of your repayment process.
For more convenience, you can also simply handle your truck financing online. Many people are turning online for truck financing because of the convenience that it offers. You can compare many options and get prequalified without stepping away from the computer.
There’s no reason you can’t finance multiple Kenworth trucks. If you can qualify for financing for one truck, you can likely qualify for a small fleet.
You will get better offers and have an easier time financing multiple Kenworth trucks if you:
Bad credit may mean that your offers won’t be as good. But it shouldn’t stop you from finding the truck financing you need.
If you have bad credit, try comparing your truck financing options online. You can also discuss your situation at the bank and see how your bank or other lender can work with you.
The basic qualifications to be able to apply for a loan are the same in Montreal as they are throughout Canada. You can get any kind of loan including truck financing if you have:
Then, each lender will set their own minimum requirements surrounding: