Financing a Truck and My Experience

[Waterloo]

I have to agree with the others here. Sounds like this family member would be better off as a driver, not an owner. Like Magard said, you have to be a mechanic amongst other things. I have spoken to more than a few of these lease ops... Hell, half of them don't even know what is under the hood! Talk general maintenance with them and watch their eyes glaze over. Most of these guys have no business in one of these lease deals, or truck ownership, as they have not got a clue of even the basics. Sad, but very true.

As far as truck loans, I have always gotten low interest loans through the dealers, under 10% with good terms, I have paid off a few. My other trucks, including the one I am currently driving I simply paid cash for.