Wanna finance new truck;...help please

Discussion in 'Ask An Owner Operator' started by mookie, Jan 27, 2016.

  1. mookie

    mookie Light Load Member

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    looking to purchase new truck I'm thinking about one from lone mountain.. Just wanted to know what should I look forward to as for the process. Heard something about needing a business plan don't know if they want it typed or just a plan to succeed. Any info is helpful, thanks guys
     
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  3. thelushlarry

    thelushlarry Road Train Member

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    OK let's recap you want a new truck, but you have no idea how to do it! This is not going to work. However, I would get the biggest baddest shinest truck possible. Therefore, I would be one cool dude while going broke.
     
  4. w.h.o

    w.h.o Road Train Member

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    They do ask for your business plan, how much u have save up for mechanical breakdown, how much cpm u need to keep rolling.

    I was approved but back down after realizing how much a dpf was to fix
     
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  5. dog-c

    dog-c Road Train Member

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    Lushlarry Your sarcasm isn't necessary.
    Mookie it's a good idea to have a business plan to keep you on track and to keep your purpose in line.
    There are a lot of threads with this topic do a search for o/o and truck financing
     
    mookie Thanks this.
  6. mookie

    mookie Light Load Member

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    Good luck in life guy...
     
  7. gokiddogo

    gokiddogo Road Train Member

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    Why do you want your own truck?
     
  8. mookie

    mookie Light Load Member

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    I don't have the mentality of a worker I prefer to be the boss...
     
  9. gokiddogo

    gokiddogo Road Train Member

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    Wrong answer, try again
     
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  10. mookie

    mookie Light Load Member

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    Only answer I need... I'm simply asking the process of paperwork part financing a truck because I never done it.... As far as maintenance,
    Capital saved, fuel, and business plan I got that just didn't know if the finance company would actually want one typed up that sounded strange to me..I'm looking for advice on the topic of discussion not approval but thanks neway guy
     
  11. gokiddogo

    gokiddogo Road Train Member

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    Post #2 doesn't seem too far off the mark for you then.
     
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