Who is having trouble getting financing for 4500/5500?
Any of you folks finding it hard to get financing for these new 4500/5500 trucks?
I just got a letter in the mail today froma regional bank that denied a credit application for the new 4500 truck I have on order ... AND I DIDN'T EVEN PUT IN A CREDIT APPLICATION WITH THEM?!?!
The Dodge dealer must of put in the application for me when I ordered the truck.
Their reason for denial ... the truck is not in their parameters for loans, i.e. they don't do commercial loans I guess.
I am getting worried that Chrysler Fianancial won't even finance these trucks. Apparently the interest rates are starting to go way up (go figure after the Fed cuts).
I have EXCELLENT CREDIT, but it looks like NOONE wants to finance anything over a 2500 ... WHAT THE HECK?!?!?
If I can't get financing for this new truck then I'm going to have to eat the $500 deposit and hopfully sell back the dump body I have already purchased and is waiting for the new truck to arive.#@$%!
I'll be putting down about 1/3 so I figure I should have no problems getting a loan (never been late on a payment, paid every car loan I have ever had early). SO WHAT IS GOING ON!!!
Who have you folks gone with for a loan? I don't want to have to do a Home Equity line of credit.
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2008 ST Reg Cab 4500 4X4 G56 168.5".
2004 Kubota BX23 TLB.
2003 VW GLS Jetta TDI 5-speed.
1997 2500 ST 4x4, 4.10 axle, NV4500HD, 13.25 Luk HD clutch, #10 plate & AFC Spring kit, 370 Inj, PDR HX40 Turbo, 3K GSK, limited slip axle, AFE, 4" exhaust, Luke's Link, KDP fixed. ATS manifold.
Last edited by TDRadmin; 02-20-2008 at 07:12 PM..
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