Why is it so hard to finance a new truck

Your best deal will be with a credit union or small local bank DO NOT BANK WITH THE MAGA BANKS THEY DON'T CARE

 

Your best deal will be with a credit union or small local bank. mINE IS WITH A CU 90000 AND 7% APR. DO NOT BANK WITH THE MAGA BANKS THEY DON'T CARE

 

Who do you think dictates all policy in this country?... that's right, banks... Bernanke and the criminal heads of the facist "too big to fails" should all be thrown in prison for robbing and raping this country... Things are bassackwards but that is all by design.. Banks can foreclose on property then have more suckers lined up to take out a mortgage in no time flat.. Then the cycle repeats.. Like taking candy from a baby and it never ends..Equipment is a different ball game, not such easy pickings....

 

Bayou, why are you looking to purchase a $100K truck on credit, when you've been complaining about not being able to find any freight at $2/mile? Just curious. Because if financing a $100K truck is what it takes to get the good paying freight, I might look into that.

 

The only reason that this is the case is because Americans have the mentality that they're entitled to own 'things' before they can afford to pay for them. That, and the average American never thinks beyond their next paycheck, and is about 2 paychecks from bankruptcy.

 

WOW try local banks I have mine here in Oregon $90,000 7 year loan 7% apr and they worked with me in December b/c I could not pay that month. Good Luck

 

You can pm me if you want and I will give you my bankers info. Got mine done for 7% on a used truck which I thought was desent.

 

Biggest problem is the fact its a glider. Lots of credit companies, especially local banks/credit unions really don't understand them, and therefore won't touch them. Although the rates may be a bit different, I would seriously look at some of the captive financing companies (Daimler Truck Finance, Paccar Financial) depending on what make of the glider it is. If that doesn't work (and really it should), send me a pm and I can try and get a list together of other companies I know that will handle gliders.