financing with bad credit

Discussion in 'Trucker Taxes and Truck Financing' started by denaswangin, Jul 11, 2018.

  1. Trucking in Tennessee

    Trucking in Tennessee Road Train Member

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    You put enough down and the dealer might carry the note. Of course they are going to get full price and high finance charges. You should ask about early payoff penalties. You will have to carry full coverage, and the warranty could be an issue.
     
    77fib77 Thanks this.
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  3. Trucking in Tennessee

    Trucking in Tennessee Road Train Member

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    Nashville
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    I don't mean to lecture, but your credit is a measure of your responsibility. I wouldn't be trusting my freight to someone that can't manage money. Why don't you suck it up for a year and straighten yourself out before plunging deeper?
     
    bryan21384 and 06driver Thank this.
  4. denaswangin

    denaswangin Bobtail Member

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    Feb 24, 2009
    pasadena ca
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    suck what up ?
    please explain
    what does sucking it up have to do with anything ???
    im not here crying about anything i just asked a simple question SIR
    WHAT DOES SUCKING ANYTHING HAVE TO DO WITH LOOKING FOR AN ANSWER ABOUT DROPPING 50% ON A TRUCK????
     
    Aamcotrans Thanks this.
  5. rickybobby

    rickybobby Road Train Member

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    greensboro, nc
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    Just do it.
     
  6. Brandt

    Brandt Road Train Member

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    I would think a lot about buying a used truck. This guy was all happy when he first got started. Now only a year or so later his truck is down for good. He still driving not sure who truck. I think he said he was getting a new truck some how.
     
  7. bryan21384

    bryan21384 Road Train Member

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    Sep 18, 2009
    Memphis, TN
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    So.......you have 25K to put down on a truck, but you couldn't handle a much cheaper car note. According to your post, you clearly in the same line of work, so perhaps I missed something here..........
     
    Coover and Trucking in Tennessee Thank this.
  8. denaswangin

    denaswangin Bobtail Member

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    2
    Feb 24, 2009
    pasadena ca
    0
    No I bought the car for my wife she moved took the car and got it repossessed when she lost her job
    I’m 36 and paid off 3 cars in the last 8 years including a 60k Silverado 2500 had
     
  9. denaswangin

    denaswangin Bobtail Member

    24
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    Feb 24, 2009
    pasadena ca
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    Also I make 85 k a year hauling fuel I don’t need to but a rig it’s just something I want to do
     
  10. Dave_in_AZ

    Dave_in_AZ Road Train Member

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    There was a guy that got one at 43% APR when I got mine.
    So I'd say just about anything is possible.
     
    Opus, bzinger and denaswangin Thank this.
  11. bryan21384

    bryan21384 Road Train Member

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    Sep 18, 2009
    Memphis, TN
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    Well if you make that kind of money save some more. Cash trumps bad credit
     
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