Financing New Freightliner Fleet

Discussion in 'Trucker Taxes and Truck Financing' started by tallmon, Jan 27, 2019.

  1. MartinFromBC

    MartinFromBC Road Train Member

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    Repo yard the first three.
    The last three I got because my banker called me up and said this is what I have, come look, if you like what you see, lets chat.
    I liked what I saw, but like the price more.
     
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  3. tallmon

    tallmon Medium Load Member

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    Where are the repo yards? Like auction sites?
     
  4. Ridgeline

    Ridgeline Road Train Member

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    The banks have been the best place, Richie brothers is where a lot of trucks are dumped but there isn't much you can do to do your due diligence.
     
  5. MartinFromBC

    MartinFromBC Road Train Member

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    No google repo yards around your area.
    Most have a website and inventory listings. You can usually drop by during business hours and take a look.
    Put in a sealed bid.
    I bid 65% of the new cost of the trucks. They were used about 2 months of the 7 months the business owned them.
    I put more miles on them the first two months I had them, than they had when i bought them.
    I could drive them for a year, and sell them for what I paid.
    If you get in tight with your local bank, they get the inside scoop on some pretty sweet deals to.
     
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  6. MartinFromBC

    MartinFromBC Road Train Member

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    Scooter Jones Thanks this.
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