Leasing not through a company

it would help to know where you are from kind of.

A company here would do you little good if you are in say florida.

I had a couple of links, but have since lost them. One company said if I was going to have my wife do any of the stuff on the truck even paperwork wise, I would have to include her in the credit report. When I refused, they simply said that's the way it was going to be.

I found a different company.

 

I cannot personally vouch for them, but think a lot of guys on here can: http://www.lonemountaintruck.com/ You can lease the truck from them, putting it with whatever company you want, is my understanding...they're not a carrier. Perfect for guys that would have trouble qualifying with a bank, though as you might expect, you will likely pay a bit more.

 

try lone mountain truck leasing

 

Buy an older truck with cash... That way there's no payment, the trucks ALL yours to do with what you want.

 

Pre emissions is the way to go. Preferably a Detroit or cummins. I drive a 97 sterling with a Detroit 12.7 60series and I have 1,700,000 mile with only one rebuild 10 years ago. Still runs strong and if you search around, you'll see parts are way cheaper for older engines. We have 80-90 sterling years 1997-2000 with the Detroit motors, everyone of them has over a million miles, and still running strong. Only one truck blew a motor and thats because the guy driving it didnt take care of the motor and kept driving with antifreeze leak. while the newer trucks with the Mercedes motor (2005 sterling) or with a cat motor (04'-06' kenworth) are not reliable. Already a few kenworth a needed in frames at 350,000 mile and cost around $15,000. And the Mercedes motor just plain sucks.

 

and so are the repairs.

older isn't always the way to go. you want a reliable truck. new may be trash but sometimes they spend more time on the road then older ones. once you get past that first year.

 

my w9 had isx

 

I would think I agree with the guys who say to buy an older truck with cash and have no payment. Shopping wisely and checking maintenance records well can get ya a pretty dependable older truck fairly reasonably. For what many guys spend on payments on a new truck, you could do an engine one year, tranny next and rear ends the next and still be ahead. Biggest issue is see with older trucks is finding a company to lease it on at, as so many say a truck can't be older than 4 to 6 years.

 

There are several leasing companies who do nothing but lease class 8 equipment. Some only lease regionally. Others will lease nationally. If you plan on financing your purchase, you will likely need to be looking at newer trucks. It is much more difficult to finance an older truck. If you plan on leasing to a carrier, I would check with them to see if they have age requirements on how old of a truck that they will lease. Keep in mind that most of the carriers who have minimum or maximum age requirements are usually those that pay the lowest rates.

There are buy here, pay here truck lots. They will finance you with a big down payment. Truck Tech is near Chambersburg, PA. I don't know anything about them, but you will usually pay more for this type of financing. Kennesaw Leasing is another that does leasing to own. Check The Truck Paper. Some have ads that explains their terms.t

It is usually difficult to finance your first truck, even with several years experience. But, it can be done. Most dealers have their own sources of financing. You will probably pay a higher rate going through the dealer since they often receive a kickback from lenders. I would check with your own bank or credit union. If you have a good relationship with them they may be willing to finance your purchase. Most banks don't do class 8 loans, but may do commercial loans. It is all in how it is structured. It would be better for you if you had your financing in hand prior to making a commitment on a truck.