A solid CDL history and a plan for consistent freight.
This is often the only route for drivers with past bankruptcies, repossessions, or no credit history. buy here pay here semi truck sales
Proof that you have the contracts or haulage volume to cover payments. The Pros of BHPH A solid CDL history and a plan for consistent freight
You deal directly with the owner. If you hit a rough patch, some BHPH dealers are more willing to work with you than a faceless national bank. The Trade-offs The Pros of BHPH You deal directly with the owner
Many BHPH trucks are equipped with GPS starters that can disable the truck if a payment is missed. Know the terms of your grace period.
You are restricted to what is currently on that specific dealer’s lot. Essential Tips for Buyers
Because the dealer is taking on more risk, APRs are significantly higher than bank rates.