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Truck - Trailer Financing A discussion for owner operators to find info on the financing of eighteen wheelers and trailers. Don't get ripped off by shady dealers and financeers. We have an expert that can answer your truck financing question here so you can do it the RIGHT way!

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Old 02.25.2009
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Road looking for some advice on purchase

I have to come up with 50 some odd thousand for my truck within the next year and a half.
I have been drivin for under one year and this option seems to be the best way for me to go.
considering most places want like 3 or more years driving experience before a lease to own ,good credit,etc..
I figure Im in this one now as a lease,its on the fleet and if I can come up with the money for payment then its mine at the end.
I know the warranty will be pretty much over by the time I own but what can I do?
what will i be looking at for taxes on this at a rate of 50,000?
I will also be needing some advice on insurance ,and plates ,permits since I will be going with the best choice of drivers out there
I am just trying to get my gameplan in line so,

all responses are welcome n thnx,..J
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Old 04.07.2009
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my friend with 50.000 you should have no troubel buying a truck and a trailer and paying cash for both .unless of course you think you have to have a new one and with the price of new trucks today that would be insane.
for exampel a good used 379 peterbilt, cat engine 500 horse ,18spd transmission, 270 wheel base,500.000 miles 10 to 15000 for a trailer 53 by 102 15000 and you hve quite a bit left to buy tags and insurance and permts. verses 125000 for a new tractor and the used truck looks as good and makes as much money and you dont have to pay to lease a trailer . now im speaking of a drop deck trailer and that will be a little different if you want a van or a reefer.
give that some thought before you take on a debt that you dont need in this day and time .
southernpride
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Old 04.07.2009
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with the prices of used trucks through the floor 50k can buy alot of truck. Just be carefull what you buy, there is a reason why they call a lease a fleece.
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