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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 09.17.2009
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Help 2 Have truck, need financing to get away from lease

Anyone know of a finance co that will loan on a truck currently on lease purchase? I have equity in truck, 2004 KW W900L, owe about 28000.00 left/ 1 year on lease with 3900.00 buyout if I stay the current course. Want to take truck elswhere sooner than payoff. In 6 mos will only owe about 15000.00.
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Old 09.19.2009
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Truck finance

MY FRIEND THE WAY THE ECONAMY IS RIGHT NOW and with the credit market locked up tight thanks to our wonderfull banks who caused all the problems in the frst place i dont no of anywher you can get anything financed in perticular anything to do with a truck or trailer and i have no idea how long it will last thanks to the present goverment they seem to be making it worse instead of better ive been trying to add another truck for about 6 months now without any success, good luck in your efforts.---southernpride
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Old 09.19.2009
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Yeah, capitalism works if the government minds their own freaking business. We should have let all those greedy ######## go under and then let the economy re stimulate itself with new banks that would've done it right.
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Old 4 Weeks Ago
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Quote:
Originally Posted by eckz View Post
Yeah, capitalism works if the government minds their own freaking business. We should have let all those greedy ######## go under and then let the economy re stimulate itself with new banks that would've done it right.
Old post but I had to chime in, I just wanted to say that I couldn't agree with you more!
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Old 4 Weeks Ago
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I just was on the phone with the banks and like it was said above they are not wanting to loan any money right now unless you have been in business for years. They used to go with Small Business Loans based on forecast business plans. Now they want years of being in business and even then they will not say you'll have a loan.

Then if you are able to get a loan.... looking at 9%-16%!!
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