Car Owners: It is Important To Rotate Your Tires Regularly

After I bought my first car, I have to admit that I never knew the importance of tire rotation. I learned my lesson the hard way when the tread of my front tires wore down very quickly, while my back tires were still in great shape. I thought that the traction of the back two would make up for the front two. I learned I was very wrong one day when I slammed on my breaks while driving in the rain. I rear-ended the vehicle in front of me. Thankfully, no one was injured. However, I learned that if I had rotated my tires regularly, I could have avoided that accident. I know there are many new car owners who don't know much about cars, which have since became a passion of mine, so I decided to create a blog to share all my tips to help others!

3 Tips For Financing Your First Semi Truck

Automotive Blog

Starting your own independent trucking company can be a great way to take control of your career. In order to complete runs for future customers, you will need access to a reliable semi truck. Financing a used semi truck can be an affordable option for drivers who are just striking out on their own.

Here are three tips that you can use when financing your first semi truck to ensure you get the best possible deal.

1. Determine the type of truck you need.

Taking the time to determine what type of truck you will need before you visit a used semi dealership can be beneficial when it comes to saving you money. Without a clear vehicle in mind, you may find that you become distracted by the options available at the dealership.

If you don't arrive at the dealership with the type of vehicle you want to purchase in mind, you could end up being talked into buying a truck that is overly qualified and more expensive than the truck you actually need. Narrow your options before visiting a dealership to avoid spending too much when you finance your first semi truck.

2. Ask your lender about flexible financing.

When you are just starting out as an independent trucker, you may find that you encounter a lot of unexpected costs. These unforeseen expenses often mean that you may need more time before your business becomes profitable than you had originally expected.

Many commercial lenders understand the unique challenges associated with running an independent trucking company, and they are willing to offer flexible payments to help you meet your needs. Ask your lender about deferred payments or seasonal payments if you think monthly payments may place too much strain on your young company's finances.

3. Finance the full purchase price whenever possible.

In order to ensure that you have access to the capital needed to keep your business running in its first few month, it can be helpful to work with a lender that is willing to finance the full purchase price of your first semi truck.

Eliminating the need for a down payment means that you will have some money available in the event you need to cover an unexpected expense. Although your interest rate might be slightly higher when financing the full price of your used semi, the financial stability foregoing a down payment may provide could make sense for your new independent trucking company.

Financing your used semi should be a top priority when it comes to opening your own independent trucking company. Be sure that you are getting a good deal by narrowing your options before visiting a dealership, taking advantage of flexible payment options, and working with a lender that won't require a down payment. To learn more, contact a semi truck financing company.


28 November 2016