Don't Get SCAMMED In the Trucking Industry | Financing Your Semi Truck- Good Vs Bad Credit скачать в хорошем качестве

Don't Get SCAMMED In the Trucking Industry | Financing Your Semi Truck- Good Vs Bad Credit

Don't Get SCAMMED In the Trucking Industry | Financing Your Semi Truck- Good Vs Bad Credit Truck drivers, what are some of the most common ripoffs and scam tactics that truck financing companies throw at you when you go to finance your own semi-truck? Truck drivers in our industry have been getting ripped off left, right and centre, and we want to help. In this video, Ronen breaks down the most obvious scams such as high-interest rates, hidden fees, bi-rate vs effective rate and more. He also talks about how you should deal with finance companies when you go to finance, loan, or lease a semi-truck to become an owner-operator. And his best advice for dealing with dealerships (spoiler alert: NEVER WALK IN!) Leave a comment below if you have any additional tips for drivers out there, and what you have done to avoid these scams! _________ Subscribe to our channel for entertaining and informational content on trucking, and hit the 🔔 icon to get notified when we release a new video! _________ #financingatruck #truckscams #truckingfinance101 For all sponsorship inquiries: [email protected] For all media inquiries: [email protected] Chapters: 00:00 Introduction- What to look for when financing trucks 01:35 Do this if you are a first time truck buyer 02:46 Interest rates when buying a truck 04:35 Do NOT finance your truck with a dealership 05:07 Work with multiple companies, let them fight for your business 06:44 Beware of documentation fees 10:44 Always ask for effective rate 10:54 Look out for forced warranties 12:05 Beware of end of term buyout scam 13:26 If you are going to finance a truck, do NOT walk into a dealership! 15:37 Beware posted rates on advertisement