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DAF Truckf

18th February 1984
Page 35
Page 36
Page 35, 18th February 1984 — DAF Truckf
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Which of the following most accurately describes the problem?

DAF TRUCKS FINANCE (UK) based in No Cheam, Surrey, is wholly owned by Daf a has been in existence for seven years. claims excellent penetration of the finar market for new Dafs; 50 per cent of thc bought on finance are via the company. TI is equal to one in four new Dafs.

Managing director Doug Southcote says that as a specialist company it can be less rigid in its outlook than a general finance company. HP, leasing and lease with maintenance are available and it will offer 0 per cent deposit HP on the right deal although the norm is 15-20 per cent.

"We are likely to treat Daf products and Daf customers more favourably than the other finance houses," said Doug Southcote. "But that doesn't mean we are a dustbin for the bad debts.If a Daf operator wishes to buy a non-Daf vehicle then Daf Trucks Finance will still consider the deal.


People: Doug Southcote
Locations: No Cheam, Surrey

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