where i can buy a my own truck with easy finance

Let me get this straight, your asking to borrow $100,000 and you indicate that you have a bad credit score. Without jumping to conclusions is the bad credit score a result of missing payments or just walking out on debt in the past? Why wouldn't they be allowed to ask any questions they want or perhaps a better exercise would be to put yourself in the position of the bank / lender and maybe you would better grasp why they ask questions the do. They are a business just like everyone on this board and they are for profit. The only way they make money is by getting paid the $100,000 back with interest and hoping you do not default in between now and the time the truck is paid off.

Just like insurance they price things according to the odds, in this case of getting the money back and they ask all the questions to determine how big of a risk a potential client is. Another way to look at it would be a new in business broker offering you a high dollar load of bottled water to Miami but they have a bad credit score and something just doesn't seem right - do you take it anyways just hoping you get paid?

This post wasn't meant to jump on you but just to make you see the other side. For my .02 go with what ICS mentioned buy a truck for 20k put 5k into it and get a Columbia to get you by for a year or so and in the meantime pay off a few debts and get the credit score up a little higher and worry about looking cool in a new truck for $2500 / month.

 

One reason to go with a newer truck is for who you can lease on with.

 

Any company worth leasing on to doesn't care the age of the truck.

 

I watched an owner opp on YouTube say the same thing.

I looked at lone mountain web site. Looks pretty strait forward. You can write off all of the lease payment?

 

Yes, one of the few benefits of leading vs purchase is that the entire payment is a 100 percent write off.

 

Probably only true 50% of the time. Capital leases and leases where a stated or implied interest rate is in the agreement are just 2 of the more common examples where a lease must be capitalized as an asset. Not to mention the fact that lease payments are just about equal to the sum of interest expense and depreciation (unless of course you paid too much interest in your lease). You don't really believe that the government would let you pay less in taxes just because you leased a truck rather than buying it?

 

The irs gets it back when you trade it in. Another reason to make your equipment lasts a very long time.

 

Screw the easy financing. Sell the house and become a super trucker!

http://wichita.craigslist.org/hvo/4991734390.html

 

That's a beautiful truck. But no thanks, my days of climbing over the dog house to get to the mattress are long gone.

 

http://desmoines.craigslist.org/cto/5004852400.html