How the Buying & Assumption Process Works

1. Browse Equipment

Search hundreds of listings with full specs, photos, and payment details.

2. Apply to Assume

Submit a quick application directly through HeavyXchange.
We collect your information and prepare it for lender review.

3. Lender Review

We coordinate with the lender while they evaluate your credit, financials, and qualifications.

4. Approval & Transfer

Once approved, you take over the seller’s existing loan or lease — and the seller is released from further obligation.

5. Put the Equipment to Work

You get the truck or equipment you need with a payment plan already in place.

Buyer Fees

Application Fee — $25

Covers processing, documentation setup, and initial lender coordination.

Assumption Closing Fee — $995

Due only when the transfer is fully approved.
Either buyer or seller can pay this fee, depending on the agreement.

This covers:

• Lender communication

• Coordination of the assumption request

• Document preparation

• Closing management

Why Buyers Love HeavyXchange

• Avoid huge down payments

• Get faster access to equipment

• Take over existing payment terms

• Work with lenders who already know the equipment

• No games, no surprises — full transparency

Start Your Equipment Search Today

Find the equipment you need, take over a payment you can afford, and get working fast.

👉 Browse Listings
👉 Start an Assumption Application