Anyone with experience financing were you able to do 1 loan for both truck and trailer or did you have to separate them?
Thanks
Can you finance truck and trailer in one loan?
Discussion in 'Expediter and Hot Shot Trucking Forum' started by rccarlson22, Oct 31, 2019.
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Sounds like you need a business line of credit maybe. Then you can buy both, have the titles to both, & just one monthly payment to make. Would also make it easier to sell off equipment if you want to change something up to be more profitable..Lite bug Thanks this. -
I see financing for tractor trailer combos so I was curious if anyone offers that for the 1-ton trucks and smaller trailerssinglescrewshaker Thanks this. -
pretty unlikely..
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you’re gonna be subject to the same rules as a big truck and a one ton uses almost as much fuel .
And a good used big truck doesn’t cost any more than a new one ton . -
In hindsight I should have had a used tractor as an option but I only knew hotshotters in the industry so that’s what I was familiar with. -
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cke Thanks this.
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I did it mainly because I already had the truck, if I bought a truck for this to start out I would have gone with a 550 and bigger trailer.. I would have just done it the other way.. but some guys don't have CDL's either so they stay under 26k for that reason.24kHotshot Thanks this. -
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