HOW to Finance a 26ft Box Truck WITH PENSKE AND COST

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  • Опубликовано: 31 май 2024
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Комментарии • 104

  • @mfrancis_uniq7
    @mfrancis_uniq7 Год назад +1

    Good info… appreciate y’all for this video!!!

    • @norushcrew
      @norushcrew  Год назад

      Your welcome thanks for watching

  • @CeoJSuave
    @CeoJSuave Год назад +3

    I’ve watched your videos over and over! My wife and I we’re renting as well and we’re currently in the process of buying. I’m leaning toward Penske too. I really appreciate and enjoy your content! Keep going…NO RUSH!!!!

    • @norushcrew
      @norushcrew  Год назад +1

      Noooooo RUSH Baby you can do it

  • @nailove1440
    @nailove1440 Год назад +1

    Keep up the good work we rooting for y’all 💯💪🏾

  • @m5hector31
    @m5hector31 Год назад +7

    I appreciate your content and honesty. Especially at a time when most box truck people on RUclips don't keep it real.all the best to you and your company. Hopefully we'll bump into each one day in a love's or pilot

    • @norushcrew
      @norushcrew  Год назад +1

      Yeah man I might see you out there on that road man I’m be looking for you

  • @garyboyd7826
    @garyboyd7826 Год назад +2

    Real talk, thanks for the gems!!!

  • @DisciplineisKey30
    @DisciplineisKey30 Год назад +2

    Thanks for the updates, keep trucking

  • @coldstarish
    @coldstarish Год назад +3

    Ryder has different lenders they go through. Just bought a truck from them. Only had to put 5% down. The lender did all the paper work for me. Made it a super easy process.

    • @KevinG1994
      @KevinG1994 19 дней назад

      What was the interest?

  • @teresapeterson6995
    @teresapeterson6995 Год назад +2

    👏🏾👏🏾👏🏾👏🏾🎉🎉🎉🎉Awesome information!!! We are (FINALLY) about to purchase our truck. Getting out of this dag on rental is going to be a blessing for us!!!!!!! Thanks for sharing!!!
    #KeepPushin #StaySafe

  • @cannabiscove
    @cannabiscove Год назад +2

    Bro I’m lookin to finance a truck myself you the man for your videos. You keep it 1hundo

    • @norushcrew
      @norushcrew  Год назад +2

      Got to keep it real just film the life

    • @cannabiscove
      @cannabiscove Год назад

      @@norushcrew you and wifey are motivation for me and mines !

  • @vonhausemachorottweilers2128
    @vonhausemachorottweilers2128 Год назад +1

    Keep up the good work guys

  • @leejones4140
    @leejones4140 Год назад +1

    👍🏿thanks for the info

  • @ThatVidtv
    @ThatVidtv Год назад +3

    Its cool to see lots of people getting on to this. I am in the middle of getting things together. Transportation industry is on demand so i know we all got the chance and make a opportunity!!!

  • @KevinG1994
    @KevinG1994 10 дней назад

    What was the mileage on the truck?

  • @dakid4361
    @dakid4361 Год назад +1

    Didn’t know y’all where from NC I’m live in wilson. This make the dream more real for me. Proud of y’all. God bless

  • @ccarte1
    @ccarte1 Год назад +2

    Thanks for the information. I'm looking to pick up a 2017 box truck myself. What interest rate did they give you?

  • @bigaskewurbanrestaurantcri412
    @bigaskewurbanrestaurantcri412 Год назад +1

    Great content but that hassle was frustrating like dang! Dang! But you rolling now Let’s Go!! Fam

  • @b25asmarino
    @b25asmarino Год назад

    Congratulations y’all…🎉🎉🎉🎉
    If you don’t mind me asking. How long was the loan for? And what was the rate?

  • @thehumbleone8916
    @thehumbleone8916 Год назад +2

    Good info, I’m looking to jump into first of year, I’m curious do you guys use your business credit

    • @norushcrew
      @norushcrew  Год назад +1

      Yes we did use are business credit and personal for back up

  • @j.m.6048
    @j.m.6048 Год назад +6

    Thanks for putting out a video letting people know that Ryder doesn't offer 0% down financing for people that haven't been doing business with them for two years. People need to know that, as to be able to catch onto the misleading things they say, that they shouldn't be saying. But as far as buying a truck, what made you decide that the price you'd end up paying for it would be an okay price to pay? Isn't $65,000 still a bit high to be paying on a box truck?

    • @norushcrew
      @norushcrew  Год назад +7

      We wanted to buy a truck that we knew was taken care of as far as regular maintenance and also offered further warranty. Penske offers up to 3 years of additional warranty and roadside assistance. $65,000 is the lower end of trucks that they sell unfortunately. They also only wanted 10% down when a lot of places want 20-30%.

  • @alexisstringer1566
    @alexisstringer1566 Год назад

    Thank you for the videos very good info..
    Just trying to what my over head would be how much would the monthly about be?

  • @frank0720i
    @frank0720i Год назад +1

    Congrats on your purchase.
    What insurance company you using.

    • @norushcrew
      @norushcrew  Год назад +1

      National general we actually have a video on it
      ruclips.net/video/DjUK0KPZZjA/видео.html

    • @frank0720i
      @frank0720i Год назад +1

      @@norushcrew
      Thanks, I did see the video.

  • @kingfletch4843
    @kingfletch4843 Год назад

    Who y’all use for insurance

  • @adrianredd8373
    @adrianredd8373 Год назад +1

    We definitely appreciate yall. 🙏 it's great I said this before everybody want you to buy 300 dollar book or sign up for something so definitely appreciate the free game

    • @norushcrew
      @norushcrew  Год назад

      🤝 your welcome just sharing our life events

  • @jisaacs72
    @jisaacs72 Год назад +2

    Hi guys
    We are buying a truck from Penske as well. This video is very insightful. Do we need to have the DOT posted on the door when we’re driving it from NY back to SC and do we have to stop at weight stations on our way back?

    • @iamsharondarena
      @iamsharondarena Год назад +2

      I believe if you put a NOT FOR HIRE sign on the truck, you can travel without being stopped for inspection

    • @norushcrew
      @norushcrew  Год назад +3

      I don’t think so if your empty but I would put my binder in there to make sure be safe

    • @jisaacs72
      @jisaacs72 Год назад

      Thank you

  • @robertlancejr9947
    @robertlancejr9947 Год назад +1

    How long is the loan term? How much are the monthly? Thanks for all the information!!!

  • @scottmac4224
    @scottmac4224 Год назад

    What was the interest rate if you don’t mind me asking?

  • @FonzoTheTrucker
    @FonzoTheTrucker Год назад +1

    I went to Ryder as well and was like nope... They wanted me to have been in business for two years. Their ad is misleading.... Im with Penske right now. I start my lease 04/07!

  • @striveallah2544
    @striveallah2544 Год назад +1

    Keep striving guy’s peace and blessings!Do you mind sharing your insurance agent

    • @norushcrew
      @norushcrew  Год назад

      Look in the description he only works in NC

  • @quintonbogle1753
    @quintonbogle1753 4 месяца назад +1

    What insurance company did you all go with

  • @tracysimmons-bucknor3902
    @tracysimmons-bucknor3902 Год назад +1

    Did you all add warranties we are also going through Penske and their making us put down about 14,000 we also added on the 3 year warranty. Plus does your truck have DEF system?

  • @jamesriley2327
    @jamesriley2327 Год назад +2

    is there a big difference between a 24ft box to a 26ft box when it comes to getting loads?

    • @norushcrew
      @norushcrew  Год назад +1

      Yeah if you trying to max the truck out the extra 2 ft is love

  • @im.mattmims
    @im.mattmims Год назад +1

    Appreciate you guys so much! I heard you mention Raleigh and I'm from that area. I'm currently living in Fuquay-Varina. I have moving company and want to eventually get a 26ft truck for my company but not sure how much funds I'll need. If you don't mind sharing, I'm very curious, what is your monthly payment on the truck?

  • @owensdaniels6244
    @owensdaniels6244 5 месяцев назад

    hey let me ask you two this question if both of you had walked into penski and paid total cash payment payed it off, as a recreational vehicle with shower sink toilet kitchen sink wouldve it been cheaper like an RV style ?

  • @michaelellis7671
    @michaelellis7671 Год назад +1

    Hello, I herd you mention bank statements. So how much you need to make?

    • @norushcrew
      @norushcrew  Год назад +1

      They just need to see you have the money for the downpayment in the bank

    • @michaelellis7671
      @michaelellis7671 Год назад

      @@norushcrew ok the reason why I asked because went to a place and they asked to see paystub, and what I did before I got my business. They just gave me a run around. So I will check Penske out then. Thank you

  • @calebjenkins7681
    @calebjenkins7681 Год назад +1

    When u start your box truck business do you also have to apply for a EIN number for tax purposes and how do you do it

    • @norushcrew
      @norushcrew  Год назад

      Yeah that’s a must it comes when you make your LLc

  • @pelhom
    @pelhom Год назад

    wat credit bureau did they pull from

  • @SteVocArter
    @SteVocArter Год назад +1

    Did you buy your warranty thru them or another company

  • @bigslick1485
    @bigslick1485 Год назад +1

    What insurance company did you go with?

    • @norushcrew
      @norushcrew  Год назад

      Stop Al General gave us the lowest ratewe use a agent to find that for us

  • @abejaz5122
    @abejaz5122 Год назад

    How do you get such a cheap insurance rate anything less than 1 grand seems good to me

  • @pelhom
    @pelhom Год назад +1

    Did u guys have good credit when u went to finance the truck

    • @norushcrew
      @norushcrew  Год назад +1

      We got are usage down so we could get a good rate we where about a 689

    • @pelhom
      @pelhom Год назад

      Okay cool I’m waiting on them to respond back to me tomorrow with a answer that about wat my credit score is now

    • @pelhom
      @pelhom Год назад

      @@norushcrew can u guys be my mentor I need a few things before I get on the road

  • @cpculture4641
    @cpculture4641 Год назад +1

    Did they do a credit check on you before putting down the down payment?

  • @kaleishawiggins4435
    @kaleishawiggins4435 Год назад +1

    At the time of contracting, did yall have to pay additional fees on top of the down payment that you weren't aware of? Our down payment was $7,000. We put a $1,000 deposit down but they're still saying we need to wire $7,000 because of the doc fee and another fee.

    • @norushcrew
      @norushcrew  Год назад +1

      Na we had non of that problem

    • @kaleishawiggins4435
      @kaleishawiggins4435 Год назад +1

      I didn't think yall did. I watched the video and didn't hear yall say anything about any extra being paid. Penske is tripping. But thanks for all the videos. Yall have really helped us along the way. We're right up the street in Greensboro. See yall on the road.

  • @thicklinebullies2742
    @thicklinebullies2742 Год назад +1

    How much are you guys paying for insurance?

    • @norushcrew
      @norushcrew  Год назад

      Running the truck and making money we from NC so it’s not that high

  • @JuneGoddi
    @JuneGoddi Год назад +1

    How did you get such a low down payment? Is 10% there standard down payment?

    • @norushcrew
      @norushcrew  Год назад +1

      Work that credit we worked that credit and pay down some stuff

  • @shonadams45
    @shonadams45 Год назад +1

    Do you know the minimum credit score that's required?

    • @norushcrew
      @norushcrew  Год назад

      No. Unfortunately we don’t. But you could probably contact them (Premier Financing) and find out

  • @ThikLuv
    @ThikLuv Год назад +1

    Do you mind sharing your interest rate?

    • @norushcrew
      @norushcrew  Год назад

      It’s base off your credit and business credit

  • @briansanchez9663
    @briansanchez9663 Год назад +1

    Do i need a cdl for a box truck ?

  • @8147Media
    @8147Media Год назад +1

    What’s your monthly payments ?

  • @jaysofresh3482
    @jaysofresh3482 Год назад +1

    Damn everyone taxing man that's crazy

  • @alexiszuniga4544
    @alexiszuniga4544 Год назад +2

    For the 10% down with Penske did they require you to be driving or have your business for 2 years or did they just go off your credit score? Looking into buying one but I have a new business & new to trucking. Trying to find a way around not paying 20-25% down payment for a box truck. Also I appreciate your videos & all the information y’all provide!

    • @norushcrew
      @norushcrew  Год назад +2

      Noooo way we are a new business we actually just cross 1 year with are LLC

  • @ChairmanPaulieD
    @ChairmanPaulieD Год назад +3

    Yeah see that’s what PISSES ME THE F*CK OFF because there’s ALWAYS A CATCH and it was the sales rep priority to NOT tell you about the 30% down when they’re advertising 0% down for their fleet of CDL Semi-Trucks, Straight Box Trucks, Pickup Trucks, etc … I hope you guys negotiated to at least 15% down for her misleading you after she did a HARD PULL on your credit

    • @norushcrew
      @norushcrew  Год назад +1

      That was in the being so we didn’t even go with them we end up going with Penske

    • @ChairmanPaulieD
      @ChairmanPaulieD Год назад +1

      @@norushcrew I have a commercial business account with Enterprise Trucks but I haven’t looked at their fleet yet to get financing for a 26’ft Straight Box Truck & Sprinter Cargo Van/ Ford Transit 350 Cargo Van..I’ve been looking at Merchant’s Fleet commercial though . Have you heard of them?