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  #11  
Old 08-30-2013, 11:43 AM
AWJ Services AWJ Services is offline
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Quote:
Originally Posted by AI Inc View Post
I typicly finance used trucks thru a credit union . Usualy get around 5%
I have been trying too get in one but right now there are not availible too me. The ones I have talked too will not touch med and heavy duty trucks however.
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  #12  
Old 08-30-2013, 08:19 PM
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stuvecorp stuvecorp is offline
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I have not found anyone that will do medium or heavy trucks at a rate or terms that isn't ridiculous.

My credit union will do up to a 550 but that is it. They did give me a good rate at less than 5% for a used truck.
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  #13  
Old 08-31-2013, 03:16 AM
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Mowingman Mowingman is offline
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You guys really need to shop around for a better bank. My bank gave me 5.5%, for 48 months, on a 1993 Chevy Kodiak 7500, that I bought to pull gooseneck trailers. They also financed 100% of the truck cost. This truck is 20 years old.
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  #14  
Old 08-31-2013, 11:31 AM
mlavin73 mlavin73 is offline
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I've been looking for a spare back up truck recently. I think what I am going to do is talk to my credit card company. I have had the card for probably 15 years and they are always paid in full every month. In the past I have asked if they were running any cash advance promotions. The last time I did it I believe they gave me around $5K one year interest free. I then make sure to pay it off in 11 months and don't end up paying any interest on the loan. I don't recall if there were any fees associated with it but if there are, I'm sure it's less than paying interest. I still have to finalize a deal with the guy then I will work with the CC company.

I'm currently looking at a truck for $9500. Plan on putting half down and trying the credit card thing with the rest. I hate taking the whole truck cost out of my account when winter is not very far away.
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  #15  
Old 09-01-2013, 09:11 PM
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YellowDogSVC YellowDogSVC is offline
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Quote:
Originally Posted by AWJ Services View Post
Due too the massive amount of bank failures in Ga due too defaulted property loans Banks here are tough too deal with.
Are you seeing same problems with credit unions? I find them pretty easy to deal with.
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  #16  
Old 09-02-2013, 07:10 AM
AWJ Services AWJ Services is offline
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Originally Posted by YellowDogSVC View Post
Are you seeing same problems with credit unions? I find them pretty easy to deal with.
They generally do not venture into commercial loans like a med/ heavy duty trucks. At least not here.
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  #17  
Old 09-02-2013, 07:12 AM
AWJ Services AWJ Services is offline
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Quote:
Originally Posted by Mowingman View Post
You guys really need to shop around for a better bank. My bank gave me 5.5%, for 48 months, on a 1993 Chevy Kodiak 7500, that I bought to pull gooseneck trailers. They also financed 100% of the truck cost. This truck is 20 years old.
There where 10 failed banks in Texas. There where 88 banks failed in Ga. Do the math!
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