I need some opinions.

I am in the process of buying my own truck right now to lease on to my carrier. I agree that the price is too high. I used truckpaper to find the unit I was looking for. I agree with the other user to save up a little more too. A 20% down payment is pretty standard I have found out as I went through the process of purchasing. Save up until you have a 20% down against the value that is your price range and still have a chunk of cash in the bank as startup capital. A used truck is like a used car; it could check out fine and a week later something breaks. I mainly stuck to the Larson Group and MHC as my dealers of choice. They seem pretty legit and have a quality inventory.

 

You can preapply to companies. Get a pre approval for a few companies then go buy your truck. Banks would feel better about the loan if you have a solid business plan lined up.

 

The good news is that with the miles per year it can't have spent THAT much time in a shop..

Yet.