You probably already know
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A November 6th,
2000 Transport Topics article reported some truck finance companies had customer
failure rates aproaching 30%. That's awful! None of those
failed truck buyers started out thinking they were doomed to failure. A Freightliner buyer told me he attempted to give his truck back and MB Credit advised him to keep it and pay what he could? Of course, they still reported his slow pay history so future credit will be a problem. Quality, timing, unit flexability, spec's for the next owner, spec's for maintenance, tax structure considerations all influence the future bottom line a truck can generate. I help my customer build the truck and the deal. A heads up approach to truck ownership designed to limit future surprises works very well. So far, only one of my new truck buyers and less than 10 used truck buyers failed to pay for their commitment ...thats over my 15 year career track record and hundreds of trucks and buyers. My customers do 99.99 percent of the thinking and doing, they are the reason they are successful. I just help where I can and set up the truck and the support system to their liking. A balance between risk and gain opportunity and motivation to match needs works very well. |
if you are interested
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Email Lynn doctor or call 800-234-7712 note:the stuff in the links may be sold or out of date, if so I often have something similar.
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Amortization and trade cycle calculator | |