Answering any financing questions!

Discussion in 'Trucker Taxes and Truck Financing' started by Finance Guru, Oct 13, 2011.

Page 5 of 7
  1. Feb 17, 2012 #41
    Finance Guru

    Finance Guru Bobtail Member

    14
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    Oct 13, 2011
    Cashmere, WA
    0
    Rates very dramatically depending on the age of equipment, credit, time in business, if you have business credit or not, personal net worth, etc. The more of these you have the better the rate you get. You will typically get the best rate possible by providing tax returns as well. We have appliaction only programs up to $250K in some instances but better rates come with taxes usually.
     
    Finance Guru, Feb 17, 2012
    Finance Guru, Feb 17, 2012
    #41
    trucker43 Thanks this.
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  3. Feb 20, 2012 #42
    lonelyswmtrucker

    lonelyswmtrucker Medium Load Member

    612
    248
    Sep 14, 2011
    down the bayou
    0
    i have no $$$ to put down, credit not the best, found a 06 truck in the low 30's; who would finance me or anything to be done so i can get the truck with reasonable monthly payments?
     
    lonelyswmtrucker, Feb 20, 2012
    lonelyswmtrucker, Feb 20, 2012
    #42
  4. Feb 20, 2012 #43
    fortycalglock

    fortycalglock Road Train Member

    6,164
    6,613
    Jun 25, 2011
    Tourist Town, FL
    0
    Would YOU finance you? Someone with no money down, mean they have no money to repair a broke down truck either. Save your money. $10k would be preferable over and above your down payment. Otherwise, your just a minor breakdown from repossession.
     
    fortycalglock, Feb 20, 2012
    fortycalglock, Feb 20, 2012
    #43
    trucker43 Thanks this.
  5. Feb 20, 2012 #44
    kajidono

    kajidono Road Train Member

    6,422
    4,659
    Jun 1, 2009
    Streetrat
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    What if you buy an older $16,000 truck and just park it till you pay it off?
     
    kajidono, Feb 20, 2012
    kajidono, Feb 20, 2012
    #44
  7. Feb 24, 2012 #45
    popcorn169

    popcorn169 Road Train Member

    2,194
    1,714
    Sep 5, 2011
    state of confusion
    0
    can anyone direct me to a finance company that will help with financing with a bankruptcy 6 years ago? have had several loans since that have been paid off. house is auto deduct from checking so it is not late? any help will be appreciated.
     
    popcorn169, Feb 24, 2012
    popcorn169, Feb 24, 2012
    #45
  8. Mar 23, 2012 #46
    Draagon

    Draagon Bobtail Member

    2
    1
    Mar 23, 2012
    0
    18 years with a single company, no accidents, only own my bike, live on the truck or hotels when visiting. really really crappy credit. How the heck could I possibly get my own truck? No way, no how eh? Use my 401k and take the hit? grrrr There has gotta be a way to improve my life.
     
    Draagon, Mar 23, 2012
    Draagon, Mar 23, 2012
    #46
    trucker43 Thanks this.
  9. Apr 18, 2012 #47
    skierzek

    skierzek Light Load Member

    71
    14
    Apr 18, 2012
    Medford,or
    0
    Hello I am starting a trucking company and looking for a start up loan any info would be great best regards stephen
     
    skierzek, Apr 18, 2012
    skierzek, Apr 18, 2012
    #47
  10. Jul 5, 2012 #48
    Jas7887

    Jas7887 Bobtail Member

    32
    1
    Jul 7, 2011
    0
    I'm like some of these other guys. Not the best credit. I have a family now so saving $10,000 would take...10 years. I guess I'm wondering...are there any silver linings for my situation?
     
    Jas7887, Jul 5, 2012
    Jas7887, Jul 5, 2012
    #48
  11. Jul 26, 2012 #49
    mustangman1

    mustangman1 Bobtail Member

    5
    0
    Jul 25, 2012
    0
    Looking for financing for a couple of trucks credit is good and bank said ok as long as I can come up with 30% down any one now of fince place or investor that will help?
     
    mustangman1, Jul 26, 2012
    mustangman1, Jul 26, 2012
    #49
  12. Aug 15, 2012 #50
    vanjovi

    vanjovi Bobtail Member

    1
    0
    Aug 15, 2012
    0
    We are small business/ corporation looking to purchase 2x 2010 trucks. Are anybody can suggest good bank or financial institution. Thanks
     
    vanjovi, Aug 15, 2012
    vanjovi, Aug 15, 2012
    #50
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