Penske Truck Leasing Offers New Warranty and Financing Packages for Used Commercial Truck Purchases

READING, Pa., November 25, 2008: Penske Truck Leasing today announced it now offers new warranty and financing options for used light-, medium-, and heavy-duty commercial vehicles in collaboration with National Truck Protection (NTP) and netLoan Funding.

Penske now offers extensive one year, 100,000 mile and two year, 200,000 mile warranty protection options on used equipment through its relationship with NTP, the industry's leading independent provider of extended warranties. Both plans include NTP's platinum coverage, which is considered the most comprehensive in the industry.

"NTP is extremely pleased to develop this partnership with Penske," said Robert Amico, President of NTP. "Their decision to provide NTP service agreements further demonstrates their commitment to customer satisfaction and quality, by making available the highest quality warranty coverage available, on top of the superior maintenance and overall condition of Penske vehicles."

Penske also teamed with netLoan Funding for fast, easy and convenient used truck financing. When purchasing a used Penske truck, netLoan does all the groundwork and researches a variety of finance options, all done online within 24 hours.

"Building on our experience as a preferred provider of multiple funding options for eBay Motors, netLoan is in a unique position to understand and address the needs of Penske customers in this challenging credit environment," said Richard Fleisher, Managing Director of netLoan Funding. "Coupling netLoan's experience with Penske's extensive inventory of used commercial vehicles is a win-win situation for everyone involved."

Penske's inventory of more than 4,000 high quality, well-maintained used commercial vehicles and financing and warranty information are available at www.PenskeUsedTrucks.com. Vehicles available for purchase include commercial semi-tractors, box trucks, flatbeds, refrigerated trucks, bucket trucks, semi-trailers, refrigerated trailers, crane trucks, buses, vans and more.

"We're pleased to make these new options available to our customers," said Jack Mitchell, Vice President - Remarketing, Penske Truck Leasing. "This will make it even easier for customers to purchase, finance and get the most satisfaction from their vehicles."