trying to find a semi to take over payments
#1
01-10-2007, 02:09 PM
trying to find a semi to take over payments
anyone know of anyone selling a semi, where I can take over payments on? Don't want to lease, however I don't have $20,000 to put down on a truck nor do I have the best credit... anyway thought I would ask . I live in salt lake city ut and really have no idea where to look. I looked at truckpaper.com but they dont have anyone seeking to have payments taken over. thanks for all your help.
#5
01-10-2007, 03:08 PM
Senior Board Member
Join Date: Jan 2005
Location: East Central IL between the corn and the beans
Posts: 4,977
I never did the "take over payments" bit on a truck but I have done it on a car a couple of times and both times I underwent a credit check and had to meet the requirements of the loan.
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Finding the right trucking company is like finding the right person to marry. I really comes down to finding one whose BS you can put up with and who can put up wih yours.
#7
01-10-2007, 03:29 PM
these guys say they have EZ financing
www.southfloridaleasing.com and here's on of their trucks on ebay http://cgi.ebay.com/ws/eBayISAPI.dll...DME:L:RTQ:US:1 BOL
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It's fun living in the gray areas of a black and white world! 
#8
01-10-2007, 05:37 PM
You have to read the contract carefully on some of these companies. Often the loans/leases are set up where you pay all interest first then principle.
The end result is a year from now you still owe almost the same.
#9
01-11-2007, 07:17 AM
i`ve let guys pay off a few of the trucks i`ve rebuilt but you`d need cash down, down payment is what it cost me to fix and purchase it so if you flake out I don`t lose any money, besides that its 0% percent interest.
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