Kenworth Truck And Big Rig Purchasing & Financing

Kenworth Truck And Big Rig Purchasing & Financing

Written by Bryan Daly
Fact-checked by Caitlin Wood
Last Updated November 30, 2021

For drivers and fleet owners especially, having access to at least one reliable and cost-effective truck is an essential part of keeping their operation running smoothly and earning consistent revenue. Luckily, while there are plenty of top tier truck brands out there, but few are as highly praised as Kenworth.

Are you looking to purchase or lease a truck for yourself or your business? If so, a Kenworth might be the perfect choice for you and Loans Canada can tell you why. 

Who is Kenworth?

Kenworth was originally a car and truck dealership known as Gerlinger Motors. In 1914, they began production on their first commercial truck, which soon became a standard in the world of logging. A few years later, the company was bought out by Edgar K. Worthington and Frederick Kent and became Kenworth Trucks, Inc in 1923. 

Since then, Kenworth has produced some of the best medium-duty (class 5-7), heavy-duty (class 8) and vocational trucks in the industry. Their models became particularly desirable after 1972 when they were purchased by PACCAR Inc.  

Although they originated in Portland (Oregon) and are currently headquartered in Seattle (Washington), Kenworth also has manufacturing centers in Canada, Mexico, and Australia, with markets in New Zealand, Japan, Thailand, and Papua New Guinea.

Interest in purchasing a Kenworth? Check out how to get a truck loan

What Kinds of Trucks Does Kenworth Produce?

At the moment, Kenworth has 10 different truck models that fall into 6 categories:

HighwayVocationalMedium DutyOff-Highway/ ExportTraditional 
– W990
– T680
– W990
– T880
– T170
– T270
– T370
– T440
– T470
– T800
– W900
– C500
– K270
– K370
– K270E
– K370E
– T170
– T270
– T370
– T440
– T470
– C500– W990 (two versions)

Why Do Truck Drivers Trust PACCAR Engines?

As mentioned, one of the main reasons why Kenworth trucks are so desirable and trustworthy is because they are built by PACCAR, who also own the Peterbilt Motors Company and are currently one of the top commercial truck manufacturers in the world.  

Because of that, most Kenworth heavy-duty trucks now come equipped with a PACCAR Integrated Powertrain, as well as the PACCAR MX-11 or MX-13, two of the strongest and most reliable engine systems on the market. Included with the MX package is a 12-speed automated transmission, a PACCAR 40K tandem axle and a standard 5 year (or 500,000 mile) warranty. Either MX model can produce 1450-1850 lb-ft of torque.    

Some of Kenworth’s medium and heavy-duty models can come with either the PX-7 (up to 750 lb-ft of torque) or PX-9 (up to 1250 lb-ft of torque), which both have slightly less engine capacity but are known to be equally dependable. They are often seen on Kenworth semi-trucks, such as the W900 and other on-highway models.

Do you like trucks with PACCAR engines? Check out Peterbilt

What Extra Features Do Kenworth Trucks Come With?

Engineering and towing capacity aren’t the only areas where Kenworth trucks excel. They are also well known for their exceptional safety, infotainment and comfortability features, including but not limited to the following standard items and custom add-ons:

  • Truck-Tech & Over-The-Air Updates – Most newer models come with software that helps the driver connect with the Kenworth network, update their engine system or contact their fleet operator to maximize their uptime and performance. 
  • Remote Diagnostics Technology – Any Kenworth with Truck-Tech installed also comes with a remote diagnostics system that notifies drivers, fleet operators and technicians of various mechanical, electrical or basic maintenance issues. 
  • Idle Management System – To reduce emissions and idle time, many Kenworth sleeper models feature a battery-powered shut-off system to keep the driver comfortable while improving the truck’s fuel economy and maintenance needs.
  • Driver’s Assistance Technologies – New Kenworth trucks also come with a premium multimedia dashboard and infotainment system to help the driver navigate the roads, monitor their truck’s health and make fewer fuel pit stops along the way. 

Before you buy or lease your Kenworth, be sure to shop around and check out all their different models. Remember, there are certain features that come standard to a base model Kenworth and those that you’ll have to specifically request when customizing your truck. Log into the Kenworth Parts & Services network to see what they have.     

The Best Truck Financing Options in Canada

AmountInterestTerm (months)
SharpShooter Funding$1,000 - $300,000Fee-Based: Starting at 9%12 - 60 More Info
OnDeck$5,000 - $300,0008% - 29%6 - 18More Info
Money Line Capital$5,000+4.9% - 24.99%18 - 48More Info
iCapital$5,000 - $250,000-3 - 18More Info
Thinking CapitalUp to $300,0008% - 22%6 - 12 More Info
Merchant Growth$5,000 - $500,000-6 - 18More Info
CanaCapUp to $250,000--More Info
Company Capital$5,000 - $100,000+6.87%3 - 18More Info

What Are Kenworth Trucks Most Known For?

In the world of commercial trucking, Kenworths are almost always on the Top 10 list. Here’s a brief rundown of all the elements that make Kenworth trucks noteworthy:

  • PACCAR Engineering – Perhaps the most popular thing about Kenworth is that they’re manufactured by PACCAR, who are known to produce some of the highest quality truck parts available. So, not only can you access several types of powerful and fuel-efficient semi-diesel engines, every cab and chassis is made of stainless steel to maximize the truck’s durability and prevent rust buildup.
  • Long-lasting Dependability – Because of their superior engineering and aerodynamic designs, Kenworths tend to have better road lives than other brands, often making it well over 1,000,000 kilometres with minimal maintenance. While their prices may be higher, the investment is usually worth it because their parts can last up to 50% longer than other trucks before needing to be serviced.
  • Resale Value – Due to their reputation for dependability and engine power, Kenworths also have better resale values than many other truck brands. Even used models with a lot of mileage are in demand, especially if they’ve been well maintained and have the desirable features installed. In fact, even models that have been discontinued or replaced can still be seen driving around today. 

Thinking of trading in your Kenworth for a new truck? Watch out for negative equity

Where Can You Finance a Kenworth Truck?

Unfortunately, Kenworth trucks can be pretty expensive, particularly when new or lightly used. Don’t worry, there are plenty of ways to finance or lease your Kenworth, as long as you know where to look. Be sure to research and compare the following alternatives:

  • PACCAR Financing & Leasing – By purchasing or leasing your Kenworth straight from the manufacturer, you’ll be offered premium service, top quality parts, access to their network, and a range of payment plans at a standard price. If you’re a return customer, you may even build a good relationship with your nearest PACCAR manufacturer and be eligible for extra benefits later on. 
  • Alternative Lenders – If you can’t afford a PACCAR financing or leasing plan, you might be able to get a cheaper vehicle or equipment loan from a private lender. While interest rates can be higher, approval requirements are easier than other financing sources. So, instead of financing your truck over time, you would use your loan to buy it right away and pay your lender back through installments.
  • Banks & Credit Unions – Although restrictions can be tighter here, your bank or credit union may be able to offer you a larger loan with a better payment plan, a lower rate and more security than some alternative lenders. However, you might have to apply for a personal loan or business loan, as some traditional financial institutions don’t offer vehicle or equipment-based financing and leasing. 
  • Dealerships, Fleets & Private Sellers – You can also check out truck dealers, fleet owners and private sellers in your area. You may even be able to negotiate a fairer price on your Kenworth and reduce the interest you would normally pay with a lender or manufacturer. However, there’s always the chance of buying or leasing a truck that’s not worth the money and winding up with negative equity

Are Kenworths the Best Trucks For Your Business?

Since there are so many options in North America, it can be tough to figure out which commercial truck is best suited for your business, as well as where to buy or lease it from. That said, a new or well maintained Kenworth can definitely be worth the investment. If you’re looking for the right financing to help you purchase a Kenworth truck, Loans Canad can help you compare and research multiple offers. 

Bryan is a graduate of Dawson College and Concordia University. He has been writing for Loans Canada for five years, covering all things related to personal finance, and aims to pursue the craft of professional writing for many years to come. In his spare time, he maintains a passion for editing, writing screenplays, staying fit, and travelling the world in search of the coolest sights our planet has to offer.

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