Truck Financing Questions ?

Discussion in 'Trucker Taxes and Truck Financing' started by MartyCAG, Jun 6, 2007.

  1. d-man57

    d-man57 Light Load Member

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    Nov 20, 2007
    Indiana
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    Thanks Marty, Thats information a lot of buyers aren't aware of (including myself at the time) and something most dealers if any, will tell you about.
     
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  3. FitzgeraldTruckSales

    FitzgeraldTruckSales Bobtail Member

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    Jul 10, 2008
    Crossville, TN
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    The finance 1500-1650 per month is based on 72 months WAC. But you have to have A+ credit for 72 months. 60 months is easier to get financed but payments will range around 1800-1850 per month with 10% down WAC.

    Sorry for any confusion.


     
  4. Markvfl

    Markvfl Road Train Member

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    Nov 29, 2007
    Apopka, FL
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    I looked at the white 389 with 63" flat top on your website and sent you a credit app last night, did you receive it? I sure don't have A plus credit, maybe C plus... my median score is 620 right now and will go up soon when the tax liens are deleted, the 2 tax liens on my credit report are settled and I can document that so maybe I'll be a B plus :biggrin_25520: FYI - I'm the guy who sent the app from Apopka FL.
     
  5. Peanut Butter

    Peanut Butter Road Train Member

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    Nov 24, 2007
    PO Dunk Idaho
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    Correct me if im wrong here, but one reason banks may not finance a truck is the fact of getting the truck back for collateral and then trying to resell it for what they have wrapped up in it, i worked for a company years ago doing flatbed that leased 3 or 4 trucks from private parties, the one that i drove was a 1989 pete cabover that the owner bought for 25,000 in 1990 it had low miles when purchased and was a pretty good truck, but the owner wasnt making payments to the bank ,so the bank of course took the truck repo ,the guy owed 50,000 on it when they took it,, my boss tried to make a bid on it but the bank wouldnt let anyone from the company bid on it, they some how had all our names from the company. But anyway i think banks dont like trucks due to the repo and trying to recuperate theyr loss, correct me if im wrong.
     
    Baack Thanks this.
  6. FitzgeraldTruckSales

    FitzgeraldTruckSales Bobtail Member

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    Jul 10, 2008
    Crossville, TN
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    Yes Sir we got the app in and Monday Morning I will have Danny give you a call after we have all the information together(it will be early). I am sure we can help you out and will do everything in our power to :biggrin_25519:

    Thanks.
     
  7. FitzgeraldTruckSales

    FitzgeraldTruckSales Bobtail Member

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    Jul 10, 2008
    Crossville, TN
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    I had my man Danny to call you yesterday but he couldnt get you on the ringer.

    If you dont hear from us feel free to give us a call if you need any more help. Ask for Danny or Derek and dont forget to mention the forum.
     
  8. MedicineMan

    MedicineMan Road Train Member

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    Jan 13, 2007
    Woodville, TX
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    I've got under a 400... who wants to finance a truck for me??? :biggrin_25511: lol
     
  9. 550hpW900L

    550hpW900L Road Train Member

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    Jan 29, 2008
    norcal
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    Welcome to Martins house of credit, 400? NO PROBLEM, 0 down, $2750 a month for the rest of your life :biggrin_2559:
     
  10. MedicineMan

    MedicineMan Road Train Member

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    Jan 13, 2007
    Woodville, TX
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    do you work for Gweato the bone twister?? pretty much what he told me too :biggrin_255:
     
  11. benthere

    benthere Medium Load Member

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    Feb 14, 2008
    The shomee
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    Thats funny I dont care who you are what you drive what you like that is just funny.MM & 550.Nothing wrong with a little humour in these signs of time.
     
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