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Need quick access to funds

Discussion in 'Ask An Owner Operator' started by Neverquittrucking228, Feb 25, 2022.

Page 4 of 5
  1. Feb 27, 2022 #31
    Last Call

    Last Call Road Train Member

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    His KW T680 he bought on a fleece purchase from Super Ego needs new tires & brakes
     
    Last edited by a moderator: Feb 28, 2022
    Last Call, Feb 27, 2022
    Last Call, Feb 27, 2022
    #31
    truckdriver31 Thanks this.
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  3. Feb 28, 2022 #32
    scoobertdoo

    scoobertdoo Road Train Member

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    Well, that'll shrink your ego
     
    scoobertdoo, Feb 28, 2022
    scoobertdoo, Feb 28, 2022
    #32
    shooter19802003, Vampire, truckdriver31 and 1 other person Thank this.
  4. Feb 28, 2022 #33
    Neverquittrucking228

    Neverquittrucking228 Light Load Member

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    Thanks I’ll give it a try!
     
    Neverquittrucking228, Feb 28, 2022
    Neverquittrucking228, Feb 28, 2022
    #33
  5. Feb 28, 2022 #34
    OLDSKOOLERnWV

    OLDSKOOLERnWV Captain Redbeard

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    I flipped a 2001 Freightliner FL80 twin screw last year. They sent the title back and told me it “booked” for more than what I paid for it, even with a legitimate bill of sale. This is in WV. Ended up paying taxes on book value instead of actual price…..
     
    OLDSKOOLERnWV, Feb 28, 2022
    OLDSKOOLERnWV, Feb 28, 2022
    #34
    shooter19802003, Vampire, Oxbow and 1 other person Thank this.
  7. Feb 28, 2022 #35
    jamespmack

    jamespmack Road Train Member

    20,049
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    Ouch. That hurts.

    My last discussion with Bank, they stated no way to give it a "book value".

    But, I guess I have not finance anything for a few years either.
     
    jamespmack, Feb 28, 2022
    jamespmack, Feb 28, 2022
    #35
    shooter19802003 and OLDSKOOLERnWV Thank this.
  8. Feb 28, 2022 #36
    Oscar the KW

    Oscar the KW Going Tarpless

    12,247
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    That’s BS!
     
    Oscar the KW, Feb 28, 2022
    Oscar the KW, Feb 28, 2022
    #36
    OLDSKOOLERnWV Thanks this.
  9. Feb 28, 2022 #37
    Neverquittrucking228

    Neverquittrucking228 Light Load Member

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    I was wondering will it be a good idea to call my personal banker about getting a title loan when my auto loan is two weeks behind maybe they’ll try to put a lien on my rig knowing I’m trying to get a loan on it just wondering before I call him
     
    Neverquittrucking228, Feb 28, 2022
    Neverquittrucking228, Feb 28, 2022
    #37
  10. Feb 28, 2022 #38
    Lazer

    Lazer Road Train Member

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    If you are using the rig as listed collateral, they most likely will put a lien on it.
     
    Lazer, Feb 28, 2022
    Lazer, Feb 28, 2022
    #38
  11. Feb 28, 2022 #39
    OLDSKOOLERnWV

    OLDSKOOLERnWV Captain Redbeard

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    West Virginia
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    This was at the DMV, kinda shocked me with it being a 2001 model, and having a clear motorized Bill of Sale…
     
    OLDSKOOLERnWV, Feb 28, 2022
    OLDSKOOLERnWV, Feb 28, 2022
    #39
  12. Feb 28, 2022 #40
    Neverquittrucking228

    Neverquittrucking228 Light Load Member

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    Feb 23, 2021
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    Yes I understand that but my question is if they don’t loan me the funds but put a lien on my rig so I’m not able to secure the loan anywhere else?
     
    Neverquittrucking228, Feb 28, 2022
    Neverquittrucking228, Feb 28, 2022
    #40
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