how likely is 100% financing

Discussion in 'Trucker Taxes and Truck Financing' started by elliott, Oct 4, 2007.

  1. Krieg

    Krieg Bobtail Member

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    Jan 4, 2010
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    I am a salesman in Tulsa, ok. I have trucks for sale that are valued much higher than the selling price. Equity in a truck is what a lender wants to see. That equity could be used as/ or appear as a down payment. The truck would have to be 05/06 range but with your credit score I could get you into a nice truck. Buisness is slow everywhere. We are selling trucks to put a mark on the board. Breaking even isnt unheard of right now. Making profit seems to be!
     
    animal and Bogey Thank this.
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  3. dadderich

    dadderich Bobtail Member

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    Dec 20, 2009
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    Good credit score, but no chance in todays market. It would be tough to get 100% financing on anything these days.
     
  4. grimesjm1

    grimesjm1 Medium Load Member

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    Nov 5, 2008
    Kensington,OH
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    Check out Bulldog Truck & Equipment Sales in Alpharetta, GA. Equipment is priced a little high, but for $500 down you can be rolling. Not 100%, but you can't get much closer.
    I justified the extra cost of their higher prices by the fact that my own equipment will make me a lot more money then company equipment will, a few extra bucks won't kill me.
     
    Bogey Thanks this.
  5. Bogey

    Bogey Light Load Member

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    Jan 12, 2010
    columbus,OH & elkhart,IN
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    $500 is the best I've seen yet for down payment. I wouldn't care what the payments were since I'm prepared to rent from Ryder or Penske for $500/week plus $300 in mileage. But I don't have to worry about maintenance or breakdowns. I'll check out Bulldog now and let you know here or with a new thread depending on how it goes. Also if KRIEG reads this I would like him to get with me. My email is buildr42 at aol
     
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