Sorry to hear your situation. Any update on what you ended up doing?
do you own a house, i know interest rates are high, but 6% vs 34% is a no brainer. Take some equity out of your house, fully fix the truck and get to work.
Truck Repair Financing
Discussion in 'Trucker Taxes and Truck Financing' started by dis_bit, May 11, 2022.
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Trucking Jobs in 30 seconds
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Never bet your home on your business. Losing your truck/business is one thing. Losing your house is a completely different kind of hell.Long FLD, God prefers Diesels, Diesel Dave and 4 others Thank this. -
Really don't matter. OP has not been back since the day of the post.
JoeyJunk, F4T6UY and gentleroger Thank this. -
Meh, I like talking to walls.
God prefers Diesels, JoeyJunk and gentleroger Thank this. -
whats worse is if he loses the truck to the bank, they will still make him pay for the loan, and he has no truck. Rather borrow from ur house n pay the repair n work out of the hole. Just my opinion. Sure if u assume he’s bad at business, everything else he does would fail so its a moot point. -
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thats assuming his truck was 80k, a 2018 truck today is well over 100kLast edited: Jul 17, 2022
Rideandrepair Thanks this. -
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We should use this thread as an example for the newbies with no experience wanting to get in, on what every newbie thinks about getting in this industry, “get rich quick scheme”…… owning your own truck. It’s what the Megas brainwashed them in .
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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