Average Semi Truck Financing rates?

Discussion in 'Trucker Taxes and Truck Financing' started by ggtrucking12345, Apr 9, 2021.

  1. ggtrucking12345

    ggtrucking12345 Bobtail Member

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    Apr 9, 2021
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    I may be financing a truck soon, what is the average or general APR on commercial trucks? Just wondering what to look for/avoid as I've never dealt with commercial truck loans before.
     
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  3. jason6541

    jason6541 Road Train Member

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    Mar 5, 2012
    Omaha, NE
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    Thru my bank My loan is 3.86%
    That’s with over 30 years of doing business with them.
    My friend was just financed thru Paccar financial at 7.25% second truck buyer
    Younger guy I know was financed thru Daimler with 15% down and 8.75 %
    On a $130k truck
    Probably not much help but those are the ranges I know first hand.
     
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