Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel
Member Login
Posted: 2/13/2006 7:49:07 AM EDT

No, not F250/F350 or Chev. equivalent.

I'm talking the big trucks. My question is:

Do they finance trucks like this for longer than a typical (automobile) loan; lets say 5 year?

What got me to question this is that I know they finance large boats (yachts) for alot longer than they finance.....lets say a fishing boat.
Link Posted: 2/13/2006 7:53:44 AM EDT
Link Posted: 2/13/2006 8:20:24 AM EDT
bump
Link Posted: 2/13/2006 8:25:57 AM EDT

Originally Posted By quijanos:
No, not F250/F350 or Chev. equivalent.

I'm talking the big trucks. My question is:

Do they finance trucks like this for longer than a typical (automobile) loan; lets say 5 year?

What got me to question this is that I know they finance large boats (yachts) for alot longer than they finance.....lets say a fishing boat.



yes..

about large boats. is my understanding that buying a large boat is like buying a house. there is a closing and a mortgage and a long term loan. i think it might be the same for motor homes too.

Link Posted: 2/13/2006 9:26:15 AM EDT
not a truck driver, but my neighbor and his kid are (were?). Anyway, the kid bought a used one, about 80,000, the loan was over 5 years.
Yes, that's a HUGE nut to cover every month.
So, my guess is no, they don't go real long like boats, but I could be wrong.

Link Posted: 2/13/2006 9:28:27 AM EDT
Top Top