what am I getting into?

Discussion in 'Lease Purchase Trucking Forum' started by mcdsobe, Mar 17, 2015.

  1. Arkansas

    Arkansas Medium Load Member

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    Dec 20, 2014
    LA- Lower Arkansas
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    If you have that much to pay down you should be able to finance anywhere.
     
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  3. GoneButNotForgotten

    GoneButNotForgotten Heavy Load Member

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    Roxboro, N.C.
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    Is this loan coming from the Mafia? These folks are not doing you any favor. Most simple interest loans can be payed off at any time. It also appears that they are loading you up with every corny charge that a dealer has ever created. That origination fee is absolutely absurd. If possible, find another truck and another deal. When they know you are walking off the lot, watch things and charges become more "negotiable"
     
  4. dog-c

    dog-c Road Train Member

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    May 30, 2011
    New York, NY
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    Contract origination fee.....

    gee, a fee for putting numbers together on a piece of paper and the terms of your truck purchase....

    $3,000 for 20 minutes of work. Real class act outfit. Can I ask who and what company this is
     
    GoneButNotForgotten Thanks this.
  5. Chinatown

    Chinatown Road Train Member

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    Aug 28, 2011
    Henderson, NV & Orient
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    Check Fikes Truck Line website; might get a better deal on a truck through them. They help you find financing.
     
  6. Jrdude5

    Jrdude5 Heavy Load Member

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    New York, NY
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    I would try Lone mountain truck sales.
     
  7. haycarter

    haycarter Road Train Member

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    Australia
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    I Smell A

    images.jpg
     
  8. chalupa

    chalupa Road Train Member

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    Jul 22, 2010
    Houston,Texas
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    GPS fee? Your paying them to track you ? This is so they can find your truck if you default......

    Crazy man!! Run man run.....
     
  9. thelushlarry

    thelushlarry Road Train Member

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    Jan 9, 2012
    glasgow ky
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    I finding this all very confusing..Why would you do this?:biggrin_25513:
     
  10. Pete jockey

    Pete jockey Medium Load Member

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    Feb 28, 2015
    North of Pittsburgh Pa
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    Knee problems and flatbed? Not the best match. Secondly you need to find out where these numbers are coming from. And finally maybe you ought to look for a different truck. Or at least somewhere else to get your truck...just doesn't quite add up for me:biggrin_25512:
     
  11. chalupa

    chalupa Road Train Member

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    Jul 22, 2010
    Houston,Texas
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    Indeed driver, I had to hit this one again.........

    $3000 contract fee? You buying a house are you? No driver.....take your money , slow down and look elsewhere. These folks are looking to cut your throat.

    Remember it's only a piece of iron and there is more than one like it. With 20k down you can pretty well go anywhere. Take a look at Lone Mountain and remember there is a monthly charge after 11k on their new stuff. It's not disclosed right away but like the soup, it's in there.

    Good luck
     
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