Pressure Systems International, along with Wirth Financial and Velociti, on Monday, March 9, announced the “MTIS Stimulus Package.” The companies say the turnkey “buy four, get one free” retrofit program allows fleets to purchase four retrofit kits, including installation, directly from Velociti for any axle combination — TN/TQ, TP, WP, HP, HN, HQ, etc. — and have an immediate 20 percent savings on the cost of the Meritor Tire Inflation System by PSI.
Velociti says it will perform kit installations at fleet locations using its nationwide presence of PSI-certified mobile technicians. The entire product and labor cost of the package can be financed by Wirth Financial, and the fleet can pay for the retrofit out of its existing tire expense budget. As an example of the savings available through the package, a 50-unit retrofit would have the company pay for 40 units and receive 10 free units with an estimated savings of $10,000. Wirth Financial will finance the entire amount for 36 months, costing the fleet about $30.50 per month per trailer; longer payment options also are available.
Frank Sonzala, executive vice president of San Antonio-based Pressure Systems International, says the package being offered is an excellent opportunity. “Every fleet is looking for ways to save money, but many are restricted in this tough economic environment by cash considerations to add technology to do that,” Sonzala says. “We think the initial 20 percent savings offered in this new ‘Stimulus Package,’ on top of Wirth’s financing options, can address that and encourage fleets to add MTIS, which ultimately will save them money.”
PSI says that in addition to the savings realized through the package, fleets adding the MTIS to their trailers will experience ongoing savings due to better fuel economy, improved tire wear characteristics and tire retreadability, a reduction in expensive roadside service calls, and elimination of costs associated with manually checking tire pressures. PSI — which adds that automatic tire inflation is a technology recommended by the U.S. Environmental Protection Agency Smartway program — says fleets can visit www.psi-atis.com or www.arvinmeritor.com to calculate their own ROI and expected savings based on their fleet size and operation. Also, a free cost-savings handheld calculation wheel is available upon request from ArvinMeritor; call 210-222-1926 ext. 230 and mention “The Stimulus Package Promotion.”
“Our financing programs help qualifying fleets add MTIS to their trailers without a large outlay of cash and the savings from adding this technology in most cases can offset the monthly payments,” says Jeff Kuglen of Wirth Business Credit. “Now, taking advantage of this new financing program to get one free for every four purchased makes adding MTIS to existing trailers even more attractive.”
Wirth Financial was not affected by the subprime problems that happened last year, says Deryk Powell, chief operating officer of Velociti. “We are pleased to join PSI and Wirth in offering a creative solution that will help fleets leverage automatic tire inflation for operational improvements,” Powell says. “It is through programs such as this that we demonstrate to the marketplace that we are partners that can be trusted.”