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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
[#1]
Link Posted: 2/13/2006 8:20:24 AM EDT
[#2]
bump
Link Posted: 2/13/2006 8:25:57 AM EDT
[#3]

Quoted:
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
[#4]
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
[#5]
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