New (er) truck purchase
Discussion in 'Ask An Owner Operator' started by Chris M., Sep 27, 2020.
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I paid off a new 25k dollar trailer 5.5% loan early and received a letter from the president of the bank expressing their desire to do it again.
This go around they're teasing me with 3.75% money.Midwest Trucker Thanks this. -
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Buy a service manual a laptop for the program. And have 6 k saved for the pdf filter. And you be fine.
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I was looking at new when things were in the toilet with the virus, and everyone had their hand out, paccar was 10% down 7% interest.
Now I was told everyone's ### puckered up tight in the financing end when the virus hit.
I think they were just trying to offset the huge discount on the price.
Haven't really looked since.
The length of your cdl is a factor. If you have an established business credit ( like your trailer payments) it will help as well.
You need a business checking account.
2 years minimum with good balance, etc., and you're bank will beat any dealership.
You could probably get 3 or 4 percent from your bank on a new purchase.
There's a lot of variables though.
What do you haul?
International is giving prostars away. $120K for one with an X15 and an auto. That's a bargain.Chris M., Brettj3876 and feldsforever Thank this. -
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Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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