New (er) truck purchase

I use Ally Financial, used to be GMAC.

They do equipment too.

 

That's a main key. A lot of it is relational.

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.

 

That is one thing I’ve noticed. The less I need the banks help, the more they want to give it to me. lol

 

Buy a service manual a laptop for the program. And have 6 k saved for the pdf filter. And you be fine.

 

Also get a Nexiq usblink and the latest copy of DDDL for Detroit or Insite if it's got a Cummins

 

Did they include any warranty on these? did you buy extended warranty, just curious, thank you. How many miles on the trucks?

 

Got my last one used no money down 7.9% interest, 4 years.

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.

 

1 year/100k Freightliner s warranty, not the aftermarket scams, miles on this one was just over 500k, some were 300-500, I just knew where this truck came from.