Interest rates on truck payment...40%

Discussion in 'Ask An Owner Operator' started by CruzControhl2, Dec 17, 2023.

  1. CruzControhl2

    CruzControhl2 Light Load Member

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    Sep 24, 2023
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    I did the lender kept saying we'll get to that and the dealership kept saying that's between you and lender.
     
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  3. CruzControhl2

    CruzControhl2 Light Load Member

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    Sep 24, 2023
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    Well my payment is $1,800 a month.
    The truck has new paint
    New tires, king pins.
    Needs an alignment as the steers wore out in 2 to 3 weeks and I've just put a new set on.
    I'm pretty mechanical, I've pulled engines and trans bur on a truck everything is bigger and I don't have a suitable place to do my own work well at least a engine rebuild. I thought about building my own engine hoist/crane if I do.
     
  4. CruzControhl2

    CruzControhl2 Light Load Member

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    Sep 24, 2023
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    At 40% interest I've calculated I'll be paying another 17k above purchase price.
    I guess if I pay a ton or much more before each payment due date every month I could
    effectively change that?
    Can anyone point in the direction of someone that might rebuild the engine on down payment and credit?
    I live in Ohio.
    I did read the bad reviews about the dealership.
    Maybe the interest rates not as bad as I think
    I paid $2k
    576.85 went to principal
    1,423.15 went to interest.
    I bought the truck at the week before Thanksgiving.
     
  5. Ridgeline

    Ridgeline Road Train Member

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    What did it dyno at?

    blowby?

    what did the ecm dump show? How many idle hours?
     
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  6. CruzControhl2

    CruzControhl2 Light Load Member

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    Sep 24, 2023
    North America
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    I don't know any of that, but it's said to have 475hp and to have passed their test for blowby standards.
     
  7. Judge

    Judge Road Train Member

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    Whose test…?
    And standard blowby?
    if it has blowby, never good thing..
    In a nutshell, blow by in diesel engines is the leakage of combustion gasses and pressure into the engine's crankcase.
     
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  8. Constant Learner

    Constant Learner Medium Load Member

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    $1800 for how many months?
     
  9. Oxbow

    Oxbow Road Train Member

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    delete.....already mentioned.
     
  10. gekko1323

    gekko1323 Road Train Member

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    Henderson, NV
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    I just can't fathom how someone can buy a truck without even knowing what he is going to pay. I'm sorry Kimosabe, but you did this to yourself. You let them bully you.
     
    Vampire Thanks this.
  11. wichris

    wichris Road Train Member

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    I'm sure it's not simple interest, likely rules of 78
     
    Oxbow Thanks this.
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