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Trucker Forum - Trucking & Driving Forums - Class A Drivers (https://www.classadrivers.com/forum/)
-   Owner Operators Forums (https://www.classadrivers.com/forum/owner-operators-forums-105/)
-   -   What would payments be on a new truck? (https://www.classadrivers.com/forum/owner-operators-forums/21265-what-would-payments-new-truck.html)

Cool Hand 10-10-2006 05:50 AM
What would payments be on a new truck?
 
I was at the Volvo dealer and he wouldn't actually give me a good idea of what monthly payments would be for a new ($135k) truck. "Credit application blah blah blah..."

But really now: to purchase a $100,000 truck, what would payments be? I'm thinking about $2000/mo? Assume zero down just for the sake of argument.

geomon 10-10-2006 05:57 AM
Go to any loan rate calculator on line and play with the numbers.

Here's just one of many:
http://cars.com/go/advice/financing/calc/loanCalc.jsp

Cool Hand 10-10-2006 06:00 AM
I really wish I had a good reason for why I didn't think of that... :?

Rev.Vassago 10-10-2006 06:06 AM
Re: What would payments be on a new truck?
 
Originally Posted by Cool Hand
I was at the Volvo dealer and he wouldn't actually give me a good idea of what monthly payments would be for a new ($135k) truck. "Credit application blah blah blah..."

But really now: to purchase a $100,000 truck, what would payments be? I'm thinking about $2000/mo? Assume zero down just for the sake of argument.
At least $2100 per month.

rank 10-10-2006 06:43 AM
one thing I'm learning is this: if you can't afford to buy the truck outright, you can't afford the truck. Insurance and interest cut into the bottom line too much.

NascarFan 10-10-2006 07:57 AM
About $2,400 month with 0 down and 8.5% intrest.

Big John 10-10-2006 04:33 PM
$135,000 for a Volvo :shock:

10-10-2006 05:36 PM
Payments would be high. :shock:

Mackman 10-10-2006 11:39 PM
Originally Posted by Big John
$135,000 for a Volvo :shock:
i was thinking the same thing a 135M(gman) for a volvo what a rip off my .02cents

geomon 10-11-2006 02:41 AM
Big John wrote:
$135,000 for a Volvo

i was thinking the same thing a 135M(gman) for a volvo what a rip off my .02cents

Are you equating the cost of a truck with the fact you don't like the "look" of it? You pull the skin off of any of any Kenny, Pete, Volvo, or Freightshaker and what do you see.....driveline components all made by the same select group of companies (we'll leave off the Volvo engines in this discussion). So why should a Volvo be "cheaper" than a Kenworth? They all use outsourced suppliers for the major and costly components. The only differences would be cost of labor to build them and the design and fit of the "skin" components. In fact based on comments I've seen on the ride and noise levels, Volvos rate among the best.


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