PURCHASING A SEMI TRUCK OR
COMMERCIAL VEHICLE FROM A PRIVATE PARTY
PURCHASE FROM A PRIVATE PARTY
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Owner-operators looking to finance a used semi truck, trailer or commercial vehicle from a private party may find the costs to be too steep without a loan. A commercial loan is an alternative to outright purchases. Before taking out a commercial vehicle loan, consider your cash flow needs, desired commercial vehicle, maintenance, condition of the unit and start up costs.
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Even if you are a new owner operator with only three years of commercial driving experience, or a trucking business owner with only one year in business, Valley Big Rig Loans can help with finance options for your private party purchase. However, be mindful of the make and mileage of the desired truck as it will affect your payments and down payment. Loans are preferable to leases as they represent an investment rather than a rental, which can be more costly due to hidden fees and conditions.
Valley Big Rig Loans also offers, title loans, first-time buyer loans, commercial vehicle repair loans, and commercial trailer financing.
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Valley Big Rig Loans makes it easy for you to purchase the commercial vehicle from the private party of your choice. You pick the seller and we provide the loan options!
To apply for a purchase for a private party loan, complete an online credit application that requires personal and or business information and employment information, as well indicating the make, model, mileage, engine, and transmission. You will also need to provide a purchase order indicating the sales price of the commercial vehicle you plan to buy. One of our loan specialist is standing by to help with this important purchase. Contact us today!
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DO YOU HAVE BAD CREDIT? WE CAN HELP!
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Valley Big Rig loans has semi truck or commercial vehicle financing loan options that assist those who have poor credit or low credit scores in obtaining a commercial vehicle loan for dealership and private party purchases, title loan, owner capital, repair and lease purchase buy outs. We specialize in providing loan options to trucking business owners, semi truck drivers and owner operators who have less than perfect credit histories, recognizing that many individuals face complex financial situations that should not hinder their ability to earn a living.
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If you're concerned about securing financing for your commercial vehicle due to your credit score, we at Valley Big Rig Loans has many loan options catered to assist with bad credit. Credit scores are not always the whole story and other factors such as overall credit, collateral, timely payments for other vehicles or home loans, and commercial driving experience are evaluated to get you approved. Don't let your credit score stand in your way of acquiring the commercial vehicle or funds you need – we're here to help.
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The interest rates and conditions of your semi truck or commercial vehicle loan will be determined by the state of the vehicle, including its make, model, and condition. To assist us in determining these aspects, you will be requested to present the year, make, model, vehicle identification number, genuine mileage, engine specifications, transmission type, and any additional features. The information gathered will be pertinent in determining the terms of your commercial vehicle loan.
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