Financing Frequently Asked Questions

Wondering how financing at M&G Trailer works or what options are available for you? Check out our list of answered questions below!

FINANCING FAQS

Yes! We offer both traditional financing and rent-to-own options for individuals and businesses.

Financing terms vary depending on the trailer being purchased, the finance vendor used, and your credit history. Fill out our financing application to get approved today!

There is no minimum credit score to qualify for financing at M&G. We have options for all credit situations including those with limited credit history or poor credit. Our finance team is here to help you find the right financing option!

Yes! We utilize lenders that assist with financing both new and used trailers. We can even help you finance things like truck beds or roll-off dumpsters!

You certainly can! We work with businesses of all sizes in any industry to get the trailers they need, offering a wide variety of terms and options.

For most lenders, we need personal details, income information, and the specific trailer you are looking to finance. We encourage you to find your ideal trailer first so we can find the best financing options for you.

Some lenders do require a down payment but many will get you on the road with little to no money down depending on your credit situation and the price of the trailer.

Most finance applications are processed same-day. This allows us to get you on the road as quickly and easily as possible. Apply online from anywhere to get approved before you even enter our dealership!

Almost all of our lenders allow for early payoffs without any penalty. Other administrative charges may apply for certain situations.

Yes! We love to take trade-in trailers and strive to get you a great value. With trade-ins, you save even more on your new trailer as it reduces your taxable purchase amount.

At M&G Trailer, we make financing easy, flexible, and tailored to your needs, whether you're an individual or a business. So why wait? Apply today and get one step closer to owning the trailer you've been looking for!

RENT-TO-OWN FAQS

The Rent-to-Own program allows you to rent a trailer, providing you the opportunity to own it at the end of your rental period. This offers you a flexible and affordable way to get the trailer you need without a large upfront payment and no hard credit check!

You select a trailer, sign a rental agreement, and make monthly payments for the duration of the rental period. After fulfilling the payment term, ownership of the trailer is transferred to you.

No, the Rent-to-Own program does not require a hard credit check. It's designed to make trailer ownership accessible, regardless of your credit history. There is a soft credit pull on your history but this is not reported to the credit bureaus.

The program applies to most all new trailers we sell, including enclosed, dump, equipment, utility, ATV, and snowmobile trailers. Specific availability and terms may vary.

Rental terms range from 24 to 48 months, depending on the trailer and your agreement. You can choose the option that best fits your budget.

Yes. The minimum dollar amount is $2,500, while the maximum is $20,000.

Yes, you can pay off your trailer early. You may qualify for a discount on the remainder of the term, and in certain situations may incur additional fees.

To qualify, you’ll need to provide basic personal information, a valid ID, proof of residency & vehicle registration.

Yes, an upfront payment is required to begin the Rent-to-Own agreement. This deposit amount varies depending on the trailer.

Typically, you can only enter one Rent-to-Own agreement at a time, but special circumstances may be considered. Please contact us for more information.

If you no longer need the trailer, and provided your account is in goodstanding, you can return it with no further obligation. Any payments made up to that point will not be refunded.

There are no mileage restrictions, but the trailer must be kept in good condition throughout the rental term. Any damages beyond normal wear and tear may result in additional charges.

Your monthly payment covers the rental fee, and any applicable taxes or fees. Insurance and maintenance costs are your responsibility.

Yes, insurance is required for the duration of the Rent-to-Own term.

Simply choose your desired trailer, apply online, our team will walk you through the rest of the Rent-to-Own process!