What are my chances of getting financed?

So before you even drive the truck off the lot, do you have money to pay for a properly done pre purchase truck inspection by an independent shop which includes Blowby, Dyno, etc etc?

What happens when you blow $700-1000 on having a truck fully inspected and find out its junk?

Got money to pay for the full inspection on the next truck your "thinking" of purchasing?

You see where I'm going with this? The money your currently have is like pennies in someone's piggie bank..... Certainly not nearly enough

 

I am very successful today with what I have, but if I could've waited another 6 months because I had a good job hauling fuel home every night. Making $1000 plus a week at the time. Things wouldve been a better start for me.

 

@TbOn3 is dead on the mark in post #14.Most of the comments on here are real life lessons somebody learned the hard way. Go be a company driver and smile at the end the week.

 

You know dude, the way you describe the company is like they are going to everything possible to screw you the first time there is a real issue between you and them.

They do inspections?

Why the he'll would anyone want that?

I would never want a carrier inspecting my truck for an annual.

So many red flags.

No carrier should hold the hand of an O/O, especially like the way you describe. It is why people fail in this business and rightfully so.

Drive for a company you like, save up as much money as you can, the more the better and look for a carrier to lease first with that won't hold your hand. Then look for a truck.

Be responsible for your business and work, take care of you own truck, your plates and the repairs while taking advice from others who already went through the process and can teach you how to be successful.

 

Best way to finance a truck is through a credit union. But yes it’s possible. Had a friend go thru an International dealership with his first truck. 55k truck, 3k down, 60m term, above average credit. I can’t remember what his interest rate was though. Cash would be best as a first truck to keep the overhead low.

 

thank i would follow my dad. if your dad was so sure of the big $$$. he would do the same

 

Grossing 130k for the year as an O/O is SOOOO much less than your dad is making at 86k that you'd be better off in a company truck. I grossed 160k my first year and only showed a 46k profit (to pay 30% taxes on) after all expenses and repairs.