Interest rates on truck payment...40%

Lets see, you already bought the truck and then you ask about rates. Next time maybe ask first.

 

Yeah. But then he's out 20 large. At least he'll save future monies.

 

He did! But "no one seemed to know." SMH...

 

How many miles on that truck?

 

He posted yesterday, I doubt he bought it on a Sunday

 

I'm sure he'll get great interest rates after he does that.

 

He has a sub 700 credit rating right now. It wouldnt hurt him at all....

 

So refuse to take it, you seem to be emotionally attached to the truck, stop it.

 

There is always the option to refinance the loan to get out of the high interest rate.

You’re asking about rebuilds. Does the truck need one already?

 

Going to be at least $2750 just with payment plus interest, no paperwork fee, convenience fee, and any other fee plus maybe sales tax added on.

if it’s not a state with a cap or one without sales tax on commercial vehicles.

So in 3 years, OP, you’ll have a $99000 truck+ the 20Gs at a 119,000 truck and that was for sale for $65000…

That’s why we say, deal with a good bigger dealer, whom usually gets better rates, their in the business to sale, and their trucks are usually trade ins, not one from an auction lot the dealer judged not good enough to sale on their lot, which then goes down to secondary truck sales.


I’m not poking or making fun, or rambling just trying to explain in best way I know how.