Now might be a good time to replace truck fleets, according to an analysis of ELFA's Monthly Leasing and Finance Index, writes contributing editor Tom Andel. "There's never been a drop in demand for leased and financed equipment across the board as we've seen this year," said Ralph Petta, ELFA's interim president. "The entire first quarter of 2009 versus 2008 shows a 30% drop, and our members are telling us that there are still problems across the board in the financial sector, with companies having a difficult time accessing affordable credit."

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