Ryder Launches “Buy More Save More” and “A Truckload of Savings” Used Vehicle Sales Promotions

Rhea-AI Summary

Ryder System, Inc. announces 'Buy More Save More' sales event offering up to 30% off the purchase of three or more qualifying pre-owned vehicles and up to 20% off the purchase of two qualifying vehicles. 'A Truckload of Savings' event offers up to 15% off the price of a trailer when purchasing a qualifying pre-owned tractor. Ryder aims to address the limited market for affordable, diverse, and trusted fleet management solutions. Ryder has over 7,000 pre-owned vehicles in inventory and offers financing options and maintenance services.

Positive

• Buyers can receive up to 30% off the purchase of three or more qualifying pre-owned vehicles
• Buyers can receive up to 20% off the purchase of two qualifying vehicles
• Buyers can receive up to 15% off the price of a trailer when purchasing a qualifying pre-owned tractor
• Ryder aims to address the limited market for affordable, diverse, and trusted fleet management solutions

Negative

• None.

Offering Affordable, Diverse, and Trusted Used Vehicles in a Limited Market

MIAMI--(BUSINESS WIRE)-- Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces its expansive “Buy More Save More” sales event where for a limited time buyers may receive up to 30% off the purchase of three or more qualifying pre-owned vehicles in one transaction. Buyers may also receive up to 20% off the purchase of two qualifying vehicles in the same transaction. Both promotions are valid in the United States through September 30, 2023. Qualifying vehicles may include pre-owned tractors, trailers, trucks, and vans.

For a limited time, buyers may receive up to 30% off the purchase of three or more qualifying pre-owned vehicles in one transaction. Buyers may also receive up to 20% off the purchase of two qualifying vehicles in the same transaction. (Graphic: Business Wire)

Additionally, for a limited time, Ryder will offer its "A Truckload of Savings” event where buyers may receive up to 15% off the advertised price of a trailer when they purchase a qualifying pre-owned tractor. With the largest physical and digital retail network of used commercial vehicles for sale in North America, Ryder is well-positioned to fill gaps in the market and make it easy for businesses to grow their truck fleet affordably.

“Ryder’s top priority is to continuously enhance the customer experience through a reliable range of vehicles, financing options, and maintenance services,” says Eugene Tangney, vice president of global vehicle sales at Ryder. “We’re listening to our customers who recognize the value that comes from our inventory of quality pre-owned vehicles.”

Ryder’s used vehicle offerings aim to address the limited market for affordable, diverse, and trusted fleet management solutions that meet customer demands. Ryder has more than 65 locations across North America, with more than 7,000 pre-owned tractors, trucks, vans, and trailers in inventory for customers to choose from.

Ryder’s process for purchasing a used vehicle is easily accessible and straightforward for customers, allowing potential buyers to browse vehicles online and purchase them remotely if they are not in close proximity to a Ryder Used Truck Center. Ryder used vehicle sales professionals are also available to consult potential buyers on the vehicle that is best suited for their businesses and provide a complete vehicle maintenance history report. Buyers can make an appointment to visit a Ryder Used Truck Center in North America, or visit Ryder.com – an intuitive, mobile-friendly, pre-owned vehicle sales website – to see hundreds of available vehicles and easily shop for the one that best fits their needs.

Ryder offers customers pre-owned vehicle inventory for commercial vehicles in three categories: Ryder Certified^TM, Ryder DOT Verified, and Ryder As-Is, consisting of day cabs, sleepers, refrigerated vehicles, box trucks, sprinters, cargo vans, and trailers. All Ryder Certified pre-owned trucks have had Ryder as a single previous owner where Ryder technicians have professionally maintained the vehicles. In addition, Ryder Certified vehicles are subject to a rigorous 140-point inspection prior to sale, come with a 30-day warranty, and a complete maintenance history report. Preventative maintenance options can also be added to a Ryder Certified or Ryder DOT Verified vehicle purchase, giving the customer peace of mind and access to Ryder’s network of nearly 800 maintenance facilities.

Ryder’s diverse range of quality used trucks allows customers to find the right vehicle and vehicle protection according to their business needs. Through special pricing and financing packages, which include extended warranties and specialized maintenance, customers can keep monthly vehicle payments low. Ryder offers several other used vehicle sales promotions that cannot be combined, such as a Women in Trucking program discount, ATA member discount, and Ryder’s veterans discount for 10% off the advertised price on vehicles.

Terms and conditions apply. Visit Used Trucks Deals & Promotions | Ryder Used Trucks for Sale for more details.

About Ryder System, Inc.

Ryder System, Inc. (NYSE: R) is a leading logistics and transportation company. It provides supply chain, dedicated transportation, and fleet management solutions, including warehousing and distribution, e-commerce fulfillment, last-mile delivery, managed transportation, professional drivers, freight brokerage, full-service leasing, maintenance, commercial truck rental, and used vehicle sales to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 260,000 commercial vehicles and operates approximately 300 warehouses encompassing more than 95 million square feet. Ryder is regularly recognized for its industry-leading practices in third-party logistics, technology-driven innovations, commercial vehicle maintenance, environmental stewardship, corporate social responsibility, world-class safety and security programs, military veteran recruitment initiatives, and the hiring of a diverse workforce. www.ryder.com

Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20230822340185/en/

Jonathan Mayor

305-500-3161

jonathan_c_mayor@ryder.com

Amy Federman

305-500-4989

afederman@ryder.com

Source: Ryder System, Inc.