I'm currently leasing a truck through Schneider finance, 2 years into a 3 year lease.
Obviously going through the carrier to get the truck is costing me.
I have good credit and am wondering what would be the best place to get a good rate and buy out from under my flease.
Best place to finance/lease to own a truck with good credit
Discussion in 'Trucker Taxes and Truck Financing' started by freightwipper, Jan 18, 2017.
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FW if you have good credit you may want a signature loan from your bank. Odds are that you won't be able to finance what your payoff is. It's just the way those leases are set up. Also does SNI have your title? Often with leases somebody else has the title and it can take months to track down.
I don't know how SNI leases work but it might be easier to walk away and just buy from a dealer. Remember no matter what you are going to need 2-3 months of expenses (fuel, ins.....) set aside because you will not see any money at first. -
Deecutta Thanks this.
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CJndaTruck Thanks this.
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If I walk away from my lease supposedly Schneider grabs about $12,000 from all sources that would come back to me if I finish out the term.
Toomanybikes and CJndaTruck Thank this. -
On new a KW I've always dealt with paccar financial ....
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Fine , the interest rate was competitive and it's one stop shopping....
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