The odds are in favor of the house

Discussion in 'Lease Purchase Trucking Forum' started by rookietrucker, Aug 23, 2015.

  1. Western flyer

    Western flyer Road Train Member

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    A fool and his money will soon part ways.
     
    HalpinUout and Florida Playboy Thank this.
  2. jamesjohnson

    jamesjohnson Bobtail Member

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    No ####. I've been driving 34 years and I've never received a pay check like that...
     
  3. Wattie411

    Wattie411 Light Load Member

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    Any i info on bad credit ok financing? It seems to me that would be a better route as long as its a decent rate.
     
  4. Opus

    Opus Road Train Member

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    the offer I got was 25% down, 26% interest.......with an 825 score (no joke). My only hang up was I didn't have enough experience (at the time less than 1 year).
     
  5. windsmith

    windsmith Road Train Member

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    More like a better way to hold a driver accountable for their own screw-ups.
     
  6. Wattie411

    Wattie411 Light Load Member

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    Jun 3, 2016
    Chattanooga, TN
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    Dipschitt how old were you and how much were you trying to finance? I wanna buy a truck in the next year or two but if thats thr kind of financing thats out there I'll just save until i can buy out right.
     
  7. Dieselmydrug

    Dieselmydrug Light Load Member

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    Aug 19, 2016
    Little Rhody
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    I have low 600's, and the person gave me a roun about numbers of at least 20% down and 30% interest
     
  8. f150trucker

    f150trucker Light Load Member

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    Most small business fail in the first two years. Equipment financing isn't so much credit score as time in business proving profit and cash in the bank .
     
  9. f150trucker

    f150trucker Light Load Member

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    That said , find a decent ride under 50 k and finance it through your credit union . You may be able to do it as a personal auto loan and get a killer deal. That said , Lone Mountain worked for me
     
  10. Majestic 670

    Majestic 670 Medium Load Member

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    May 10, 2016
    Dubuque,IA
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    True lease purchase is a regular job..
     
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