$10,000 down payment and $1700 per month payments for 60 months=$112,000.00 Cheap ? you would have to run like a jack rabbit to pay it off
Why is this so cheap?
Discussion in 'Ask An Owner Operator' started by kw600, Jun 23, 2013.
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"We want to see you make money and get rich".....
WOW, that is the brightest flashing red flag Ive ever seen... Plus any place that uses $ signs in an ad cant be good for you.Container Hauler Thanks this. -
American truck group, thats why this rang a bell. Punch them into google and see how many complaints pop up. I talked to them years back, they wanted $450 just to submit an application, and you are not garaunteed financing. Salesman are high pressure and give you a shpiel from a teleprompter, they actually tell you not to ask questions until they finish reading the sales pitch. I hung up after I heard it.
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I wouldn't touch that with a 10 ft pole. The ad itself is full of red flags in regards to the dealer, and if that mileage is actually what the odometer reads, something is fishy.
If that's a 2012 and it actually has 584,915 miles on it, then that means it was driven 11,248 miles per week (assuming an original sale date of about May 2012). That's 1,606 miles per day. If it was driven by only one driver, he would have to have been going 146mph for the full 11 hours to get that. If it was driven by a team, that means it would have to have been driven at 73 miles per hour for the full 11 hours for each driver, making no stops and no deliveries. Obviously impossible, so something is screwy. -
If you can afford the $10,000 down payment, then why not just find a good older truck and pay cash? Unless you live in California, you don't need to visit the state. That is the only reason to buy a newer truck. When a dealer says that they will finance anyone and that you don't need credit, they are lying. If they tell you that they don't pull a credit report, they are lying. They will want to know who you are before turning over a truck to you. There are several of these companies around. My thinking is that if you can afford the $10,000 down payment that you don't need to buy their over priced truck.
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I agree. $10,000 could buy you an older clunker truck that is steadfast and reliable, and without any payments, you could probably buy a new truck with nothing but cash in 3 - 5 years (probably one year of you're single with no kids lol).
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it was probably bought before 2012
i was driving a 2013 pete in November of 2012Big Don Thanks this. -
That 2012 was probably made in May or June of 2011 (My 06 was manufactured in May 2005 according to paperwork on it). So, a team running 300k a year could easily hit that. But, those are a lot of hard non-stop miles on it.
As for buying used. I just overhauled my '06 Freightliner this past month because I have no intention of paying the cost of a new truck when $14k will keep my current truck running. -
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