Used Prime Mover 2026: Finance Trucks All equipment accepted based on condition with 0% Down

Used Prime Movers: Smart Investment

Banks reject prime movers older than 5 years. But 7-10 year old trucks cost 50-60% less than new. Same earning capacity. 70-80% engine life remaining. Ing Heng Credit finances based on condition, not age.

Used Prime Mover Prices by Age

Age	Price Range	Engine Life Remaining	Bank Policy
5-7 years	RM140,000-RM180,000	70-80%	May finance (strict)
7-10 years	RM100,000-RM140,000	60-70%	Rejected
10+ years	RM60,000-RM100,000	50-60%	Rejected

Why Used Prime Movers Make Sense

1. Lower Investment

New Prime Mover: RM380,000

Used (8 years): RM120,000

Savings: RM260,000 (68% cheaper)

2. Same Revenue

Used prime mover generates same revenue as new:
• Normal month: RM80,000-RM100,000
• CNY month: RM120,000-RM150,000

3. Faster ROI

New Truck Payback: 16-20 months

Used Truck Payback: 4-8 months

Bank vs. Ing Heng: Used Prime Mover

Factor	Bank	Ing Heng
Age Limit	5 years max	No limit
Down Payment (RM120k)	RM12,000-RM24,000	RM0
Approval Time	2-4 weeks	fasts
Inspection	Reject if old	Assess condition

Financing Examples

8-Year-Old Isuzu Giga (RM120,000)

Bank: Rejected (too old)

Ing Heng:
• Down payment: RM0
• Loan: RM120,000 (100%)
• Monthly: ~RM2,200-RM2,600
• Term: 5-7 years

10-Year-Old Hino 500 (RM90,000)

Bank: Rejected

Ing Heng:
• Down payment: RM0
• Loan: RM90,000 (100%)
• Monthly: ~RM1,600-RM2,000
• Term: 5-7 years

What We Look For

Inspection Criteria

• Engine Condition: Compression test, oil pressure, smoke levels
• Transmission: Gear shifting smoothness, clutch condition
• Chassis: Rust, structural integrity, accident damage
• Service History: Regular maintenance records
• Tyre Condition: Minimum 50% tread
• Electrical: Lights, dashboard, sensors working

Used Truck ROI: Real Example

8-Year-Old Fuso Great (RM110,000)

Investment: RM110,000 (0% down)

Monthly Net Profit:
• Revenue: RM80,000
• Operating costs: RM25,000
• Financing: RM2,000
Net: RM53,000 per month

Payback: 2 months

First Year Profit: RM636,000 - RM110,000 = RM526,000

Engine Life Reality

Prime Mover Engine Life: 1-1.2 million km

8-Year-Old Truck with 600,000 km:
• 50-60% engine life remaining
• 5-7 more years of service
• Generates RM3-5 million revenue in remaining life

Risks and Mitigation

Higher Maintenance

Risk: Used trucks need RM2,500-RM3,500/month maintenance (vs RM2,000-RM2,500 new)

Mitigation: Build RM10,000 reserve before purchase

Unexpected Repairs

Risk: Major repairs (engine, transmission) RM20,000-RM40,000

Mitigation: Keep RM20,000 emergency fund

When Used Makes Sense

• Limited startup capital
• Want to test transport business
• Need quick ROI
• Plan to upgrade later
• Experienced with truck maintenance

Ing Heng Credit: Used Prime Mover Financing

• 0% down payment
• 100% financing
• No age limit
• fast approval
• Assess condition, not age

Success Story

"Bought 8-year-old Isuzu Giga for RM130,000 in 2024. 0% down payment. Bank rejected (too old). Ing Heng approved in fasts. Running Klang-Penang route. Monthly profit RM45,000-RM55,000. Truck paid off in 3 months. 18 months later, bought second used truck with profits. Both trucks generating RM100,000+ monthly profit. Used trucks let me start with RM0 down."

— Muthu Kumaran, Transport Operator