Finance vs paying cash?

Discussion in 'Ask An Owner Operator' started by magellan, Feb 17, 2016.

  1. Superhauler

    Superhauler TEACHER OF MEN

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    keep stroking.
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    I know what I am, but what are you? Don't start something that is why over your head son.
     
    Tug Toy Thanks this.
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  3. Tug Toy

    Tug Toy Road Train Member

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    Well myke the bank I use is just 3 branches and I'm sure they don't operate the same as chase or Wells Fargo. I used both in the past and glad I don't anymore!

    Call her on the phone, tell her what I need, gets deposited in my account, sign papers and talk about rate and term sometime next week. "Ok see you then"

    Good luck to you my friend!
     
  4. myke3295

    myke3295 Bobtail Member

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    Sure thing
     
  5. myke3295

    myke3295 Bobtail Member

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    All I'm saying is it makes no sense to me where newbies come to these forums looking for help and someone says the have solved this problem before but refuse to reveal the answer. What was the point in commenting? That's my point. Thanks and same to you
     
  6. Tug Toy

    Tug Toy Road Train Member

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    Wow!



    Just wow!
     
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  7. Superhauler

    Superhauler TEACHER OF MEN

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    Once again, funny boy!
     
  8. magellan

    magellan Light Load Member

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    Well, I have been looking at the financing route to possibly get a truck with at least 2 years of warranty. I applied at one Rush dealer, but seems like lack of experience is hurting me. I have the down + good/decent credit. I will probably have to travel out of state to find some better options. I've got 1 current year of experience and 1 year of experience from 5-6 years ago, which I didn't mention, since that trucking company has gone out of business and not sure how they would be able to verify, if they verify. Any ideas or leads on a dealership willing to take the risk would be helpful. If those options fall through, then older may be what I resort to.
     
  9. Lone Ranger 13

    Lone Ranger 13 Road Train Member

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    Just pay cash like me. Then you don't need to ask for money.
     
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  10. tommymonza

    tommymonza Road Train Member

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    I bank with Suncoast Federal Credit Union down here in Florida.

    The dealer I was buying a used 5 year old personal vehicle from turned me onto them. Great experience and great rates , 2.9 ,used them to refinance and pull some equity back out of the auto loan again recently.

    What book does the bank use to pull the value of a older semi from ? Say 1999 to 2003 .
     
    TaylorMade407 Thanks this.
  11. cnsper

    cnsper Road Train Member

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    You really should not eat your ice cream in front of the other kids that do not have any.:p It makes them upset when you don't give them a bite.
    [​IMG]

    When I refer someone, it is not just the person that I refer someone to that I think about. I also consider the person being referred. I take this as a reputation thing between you and your banker. If I just randomly refer someone that I do not know and that person turns out to be a total nut job, that is not helping that banker grow but rather wasting a lot of their time. I would not refer someone to my banker on those facts alone. I worked to build my relationship and I will not put any part of that trust in jeopardy. There are local banks all over the place and you can and need to work your own relationships.
     
    Last edited: Feb 27, 2016
    Tug Toy and Superhauler Thank this.
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