Title | : | HOW to Finance(Buy) your first Semi Truck ??? (not as hard as you think ) |
Lasting | : | 12.17 |
Date of publication | : | |
Views | : | 150 rb |
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I GOT APPROVED THROUGH RYDER AND PENSKE, PENSKE HAD A BETTER DEAL WITH NO MONEY DOWN BUT ONLY 1,000 DOWN WITH THE 39500 FEE, I HAVE A 2018 FTL CASCADIA 13 SPEED 600,000 MILES FOR 49,550 I WENT THROUGH THIS TRUCK WITH A FINE TOOTH COMB, THANKS MY BROTHER FOR THE ADVICE Comment from : Restore and Unify Radio Ministries |
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How much at least do you need to save for the down payment? Comment from : Gaddiel lukuka |
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Fk I will never get my time back that I used watching this BS Comment from : Dai Mu |
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Awesome video I'm in the process of going from company driver to financing my own truck Definitely a lot of helpful info Comment from : Al B |
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This is what I’ve been lookn for much appreciated💯💯 Comment from : Jukeric Moore |
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Im trying to buy a truck with a business loan Comment from : ACEMAC_ORGANIX |
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How much experience they ask before apply for finance? Comment from : Corsario |
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Great Video thanks brotheranswered many of my questions Comment from : Hollywoodd Da Gent |
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I need a honest answer do you think it is worth buying a semi for my own LLC in 2023? Comment from : DISE |
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Extremely informative you answered all of my questions thank you so much!! Comment from : Jeff Greene |
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25 down and 30 interest rate Everyone trying to rip off truckers Comment from : Adi Paki American |
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I got a 782 and got denied Comment from : Eagle Eye |
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Total crap Comment from : D Harrell |
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I’m a company driver, interested in making the step to work for myself Got a 750 credit score, money in the bank Just a bit nervous about how to do it, just been trying to learn what I can Thanks for the vid buddy Comment from : Samuel Severino |
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Does Daimler require bank statements? Comment from : Cee Jay |
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Was the third loan such a good rate because they seen you were successful at paying off the first two ? Comment from : Real Onez |
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20k for a semi? Winning Comment from : Real Onez |
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Thank you very much for the information……,,, Comment from : Carlos Contreras |
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You should no be driving down the road making video Comment from : natural mystics 2020 |
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Thank you Comment from : Malon Phillips |
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Just buy a house 🏡… is it difficult to get approve for a semi after? Comment from : Rich |
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Do you need business credit or personal credit?brWhich one is best too use ?brDo you have to have a certain amount of experience to finance a truck ? Comment from : Jimmy Pride |
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Lease lease my friends I lease a truck with credit score 630 with 10 down and with a good letter from my company We hauling condensate and make 2300 gross aday if not more some days my truck is 192000 not included taxes my payments are 3800 roughly a month 🙃 not too bad These banks alsolook at your history You better have payed your shit on time Comment from : silvester weber |
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What about just using your own money Comment from : 𝑻 𝑨 𝑪 𝑻 𝑰 𝑪 𝑨 𝑳 𝑻 𝑹 𝑼 𝑪 𝑲 𝑬 𝑹®️ |
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Good information Comment from : Crew |
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Thank you 🙏🏻 Comment from : wwwfuckcom |
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I have 20k saved up and want to start What’s my first step? Comment from : Ben Stone |
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To bad we can't hear the video because of the loud car Comment from : Shawn h |
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Where can I find grants for minority women in business to buy a truck? Comment from : Mary Cordoba |
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Thank you very,very much your information was 100 excellent New Jersey Comment from : Edwin Vargas |
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Tried getting a truck one renowned truck dealership and they asking for 50 down on a $60K freightliner plus a co-signer even though my credit is in the 670’s They stated since I won’t be driving the truck myself I make 5 figures annually from my current employer and they saw my pay stub as well Do you by chance know of any truck dealership I can work with to finance a semi? Comment from : Techbaey |
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I’m also thinking of just putting 5 down on property while I work & live there until things gets better for me & also for getting a truck because the prices are all high all over, I think it’d build equity while I’m living there working saving until I get a truck? Sorry I ask so much I just need help so I don’t make a huge mistake or dig myself a hole Comment from : Cali Truck Driver |
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Awesome thanks Comment from : Azamat Ismailov |
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Is this all applicable for the $200k+ trucks? Comment from : Professionally Irresponsible |
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I am looking to buy a truck and trailer nowbrLooking for a $100,000 To $250,00000 for a business loanbrbrNot really wanting to buy a rediculous priced house unless I get an excellent deal on itbrForeclosures are okay if cheap Comment from : Jesus Christ |
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When I used to buy my brand-new trucks I used to deal with the dealer that is selling the truck I let them look for the bank that's going to finance my truck I never gave no down payment with outstanding credit They wanted money No Deal In America you don't need no money all you need is good credit And today I'm rolling on my last truck ready for retirement 😆 Comment from : Elliot maldonado |
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Why they don’t make it Why trucks companies don’t make it Comment from : George |
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Thanks for the pointers sir You really helped me out and gave me hope! Comment from : Ramon Cortez |
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I’ve heard that they also ask for you tax returns Is this true? Comment from : Jessica B |
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Where you buy your semi trucks?? They not bad price at all Comment from : Javr |
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I'm about a year late to this party, however, Has anyone looked into a HELOC? I was quoted a fixed rate for 10 years of 23 and payments can be extended to 20 years Comment from : N Helm |
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Are payments monthly or bi-weekly? Comment from : Rick G |
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Bank told me 40 down since ima first time buyer Comment from : Lashan |
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I’m going to have to start with the Box truck first to rack up at least 20 K and put down for a truck for financing Comment from : Alphonzo Williams |
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So basically um by all means Comment from : klonkimo |
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Unless you buy a truck with overhauled engine Comment from : Still Iraise |
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Loan mountain new truck 60 k down 3000 k for 60 months got two have proof of 80 k in bank good luck dreams die hard Comment from : Don Brown |
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60 months on a used truck fool the financial man broke it off in you you paid 3 times what ya paid for the truck you must just looked at the payment not the total paid on the loan used truck 3 to 4 years max Comment from : Don Brown |
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How much could I expect to make off of one truck driving local? Also with multiple trucks how much is good to pay your drivers? Comment from : 803nigel |
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Man, 2 single day cabs today would be 100k+ Comment from : ocho migos |
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Great info for a rookie trucker like me thank you!! Comment from : Rene Rivera Caceres |
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Can any one help me find a truck Comment from : Lou Love |
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But what if the truck hàs a million miles but they overhauled engine 100k miles ago Does bank cannot finance a truck with a million miles with overhauled engine? Comment from : Still Iraise |
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Where do you get these deals??? Comment from : Deven Knerr |
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What about truth and lending where this isn’t required Does it work for rigs Comment from : Madd Connek Recordz |
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Was your payment 550 a month or a week?? Comment from : Domo G TV |
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Great share again brotherbrTy kindly for the game Comment from : Toussaint Louverture |
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Thanks bro, I appreciate the real world advice💪🏼 Comment from : Sebastian Byrgiel |
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In your opinion what it the main reason trucking companies fail? Comment from : Adonis Viral |
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If you can make a $1500 payment, you can save $1500/mth That way you can get interest or growth from investments Paying 5-7 thousand more for your truck to have it 18 months sooner sounds insane to me Comment from : Mike Gluth |
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Keep you cash in the bank💰 equipment financing is easy at Great Plains Funding thank me later 😜 Comment from : Antonio Black |
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I'm driving my truck listening to you and every time you cut on your blinker I started looking around lol Comment from : Mwangi Staley |
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Commercial loans goes base mostly on your business credit score and how long you being having your business and your personal credit only plays a small factor unless you can get a personal loan Comment from : Jose Maldonado |
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Just me adding my 2$ I dont want to own a truck at all Once I get my first yr over Iam going to the dealership and lease Fuel mileage is getting better with newer trucks I was going to put half on a truck about 15k just to hold for a yr but my runs are going to be longer so a older truck is going to break down before a yr Comment from : Jaja Jaja |
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Actually bad credit helps you in the long term - the more you put down, the better your situation in the future (off course the interest rate will be high but putting done 20-30 you are skipping it too, I think best thing for people with bad credit is, to make double payments or if you made more money put even more towards the price and pay off the truck faster and you will avoid high interest Comment from : Pamirian Tajik Afghan Iranian |
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600 to 650 isn't low it's considered "fair" Comment from : Cory |
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Numbers has change now ! $$$ Comment from : Albert I |
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What was your local company bank name💵💵💵 Comment from : Stephen Contreras |
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I’m thinking 40-45k semi truck 10k down credit score 700+ Comment from : C Jihad |
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lol he hits the curb at 5:11 Comment from : Mark Wray |
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Who cares about money down what are u getting the loan at Please don't listen to this dude Comment from : Joe Mama |
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Thanks Comment from : Chester Hector |
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Hi, I need to know about the taxes how much you pay ? Thank in advance Comment from : kenny J Velez |
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Thank you Brother and GOD BLESS YOU! Comment from : Antoine Finch |
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Hey man quick question, I’m looking to get my CDL soon but I want to be an owner operator with a leased vehicle Do you think it’s possible to get a truck being a recent grad and all? Comment from : Ehhrik |
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How did buy the semis effect your personal buying power for something like a personal vehicle or mortgage? Comment from : Alkesta Dispatch |
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Freightliner dealer is selling brand new 2022 semi and straight trucks custom built with special financing available for up 60 months and they told me I can even purchase full extended warranty discounted!!! Always shop around at the dealers first, they have in-house financing specials and work with many banks ! They are in the process of my building my custom straight truck extended cab with cameras in front and back built in and built in electrical outlet in cargo container to charge my electric pallet Comment from : Flyingfast79 |
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Where do you buy your trucks? Comment from : deyanna work out |
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Sound quality very poor Comment from : K Nathan Satheeskumar |
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🔥 Comment from : Tim The Trucker |
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You just got your self a new subscriber right here thanks brotha been up all day thinking about how to get a semi and how to start making somebrMoney out here Comment from : Manny67th |
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Finally somebody with actual numbers!!! 👍👍👍 Comment from : DextersOneManBand |
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We are looking to purchase our first truck, but have under 1 year driving experience Does that matter and if so, where do we turn to next? Comment from : Meeka |
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The best loan terms is 100 down with no payments Save your money and buy from an owner operator Thanks for the info though, brother Comment from : Buck Fitches |
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Which company offers the first time truck owner program? did you say Dimelo Finance? Comment from : Brian Velasquez |
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Dude you look like me, i think only difference is Citizenship and your Age, so how much average a US Trucker makes if he work hard, i think best way buy cheap from the Auctions and haul till they fell apart, thats what i do here in Europe with Vans or 7,5t😂😂👍I run since 2016 without I there is a Loopwhole when buy a vehicle from another State Saved me huge Amounts fine is just 800€°°if got caught here Comment from : RICKS WORLD dereaux |
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Did you buy your 1st truck using your LLC or personal guarantee like did you have to put everything on your personal credit? Comment from : Timron Official Channel |
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Do you know anything about leasing a semi for 12 months terms or so Comment from : Habeb S |
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So much important info in just 1 video brNew subs Comment from : MC MC |
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Does the down payment go towards the total cost of truck? Like if it’s 50k and you put down 20k will you finance 30k? Comment from : Realmar Jenkins |
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I have over 700 credits score but so far unable to get financing for decent semi truck 🤔 Comment from : Ex- Muslim Liberty Media |
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U don’t always need a credit score, I know someone who didn’t have one & still was able to get a truck So I’m not too much worried about mines I’m just trying to build it a little Comment from : Steven Bryant |
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Cash is my best option,save up Comment from : Tyrone Jackson |
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Your truck sound like a 392😂😂😂 Comment from : Clorox not Bleach |
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Thanks for the information Comment from : Shemika Wood |
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Which bank you use for your truck to get the longer term? Did you say Canada Bank? Comment from : Lee C |
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