Trucking financing

Bad credit is going to be your biggest hurdle. I literally just bought a truck myself and even with a very high nearly perfect score they demanded 25% down. Also 35k is not enough if you dont finance trust me.

I started with a lot more and have burned almost 40k just getting started i.e 20k truck 7k trailer, 3500 tow and repair, $1200 to fix my APU, $1k in fuel just getting around to pick everything up ect.

It can be done but with bad credit if something breaks and you need more then 10k for a repair you may be up #### creek with a rabid half starved alligator as a paddle.

 

If you are making enough money to have that $$$ on hand, you are nuts to buy a truck..

 

Check these dealers Greatwide uses. Maybe get a truck and not have to lease on to Greatwide.
Some of these dealers do "no credit check" and some don't require a down payment.
There's 9 dealerships listed and each has their own finance program.

• Visit One Of The Dealers Below In Person Or Online And Pick Your Truck.
• If You Have A Dealer Of Your Own Not On Our List No Problem! We Can Work With Them.

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Lease Purchase Program | United States | Greatwide Truckload
https://www.greatwideotr.com/lease-purchase
At Greatwide We Turn Drivers Into Owner Operators With Our Lease Purchase Program! Good Credit Bad Credit No Problem! Apply Online To Get The Process Started. Visit One Of The Dealers Below In Person Or Online …

 

I would also wonder how or why do you have 35k cash but bad credit?

 

I’m also looking to buy a new truck. Looking for advices on how much to put the downpayment. I found a truck that’s really good year is 2021. Thank you

 

A fairly new truck better be good.

 

The easiest way to make a million dollars in trucking is to start with 2 million. You might wanna do a little more research on this before jumping off the deep end and as another driver stated grabbing the rabid gator. Regardless of how new your truck is there are a lot of other things you need to consider, and your 10k maint will disappear faster then a large pepperoni pizza at a weight watcher's convention. Do more research around here go to the O/O page if there is one and ask them. I nice fender bender will wipe that Maint fund PDQ, GOOD LUCK and KEEP us Posted

 

You should buy yourself a truck for 30k just for starters, that’s what I done years ago. Just make sure it’s road ready. In 2013 I bought my first truck for 20k Schneider pumpkin truck with 600k miles ran it to a million miles and then sold it for the price I paid in 2013. Then bought other trucks until Just last year I bought my dream truck. Take your time and do allot of research and I hope the best for you