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Old 01-11-2007, 02:09 AM
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Default 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.
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Old 01-11-2007, 02:35 AM
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Maybe talk to some truck credit companies? The credit thing may hurt you tho.
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Old 01-11-2007, 02:35 AM
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I would think to do a transfer like that you would need a credit check with income verification. If you can't do it the "regular" way I doubt you could do it this way.
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Old 01-11-2007, 02:38 AM
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havent tried to go through a dealer, due to I know my credit isnt good. Havent been told no, but I assume I would get a No.
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Old 01-11-2007, 03:08 AM
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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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Old 01-11-2007, 03:27 AM
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talk with your area banks-Lots of Repos
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Old 01-11-2007, 03:29 AM
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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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Old 01-11-2007, 05:37 AM
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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.
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Old 01-11-2007, 07:17 PM
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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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Old 01-11-2007, 07:22 PM
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oh I wasn`t plugging my little side business, just noting that theres people out there who do that.
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