O/O wants to rent truck.

Put it up for sale and just pay the difference of what you owe to what you can con someone into paying you to buy it. I believe rates will stay suppressed for quite a while so equipment prices will continue to drop like a rock. The longer you wait the more you will lose in the end. How would renting the truck help you out of your problem ? I hoped you learned borrowing money is a bad idea ?

 

The problem with renting out your truck is it doesn’t help you out of your problem it only extends your problem. I would check the finance contract it may say you can’t rent it to someone else.

 

Bad idea to rent it out.
Sell it… swallow the loss …. move on to the 9-5

 

Whats this big hammer look like?

I might be game..

 

@Ridgeline

 

if you lease it to someone they would have to Insure it. you'd write up some kind of contract and get their proof of insurance.
But if you can't make money with the truck how would you expect someone else to all the while they aren't building any equity either, just making your payments