FINANCING SCAMS!! | Finance Your Commercial Equipment Without Getting Ripped Off! | TIPS

How to AVOID Financing Scams in the Trucking Industry!

Are you looking to start financing your Truck, Trailer, Flatbed or Reefer? Whether it's new or used commercial equipment, how can you avoid financing scams in the trucking industry?

How does ET Transport finance their trucks? How does Ronen get the best deal when financing new and used equipment?

Subscribe to our channel for entertaining and informational content on trucking, and hit the 🔔 icon to get notified when we release a new video!

🚛 Buying a new truck? We've negotiated with 4 different lenders to compete for your financing! We have helped over 1,600 truck drivers in North America to get the best financing deal for their commercial equipment.
⬇️ Fill out this form and make them compete for your business!!! ⬇️

#Financing #Trucking #Trucks

For all sponsorship inquiries:

[johnnyd]

They tell you they won't run a hard inquiry, meanwhile Aramada ran it twice! Thanks Rita!!!

[tomsteketee]

Thank you for the invaluable information, this channel is like my bible of information when I have questions about trucks! I chose a 2023 freightliner because of the incredible review ET transport does on trucks.

[daljeethans]

Support this guy with like and comment. He is helping us a lot with everything.

[differencemaker]

Thank you so much. People like you are a real blessing to the rest of us.

[freedomworks]

Debt free is the way to be.
It’s better to be great with money and bad with credit than to be great with credit and bad with money.
Money and credit are not the same thing.
Money and debt are not the same.

[alirahal]

From Dallas, Tx :Thank you Ronen for your guidance and your insight.

[farkhodazizov]

100k subscribers. Congratulations ET. Congratulations.

[robertovillalon]

This is a very valuable video! Thank you! I got screwed by a local used dealer and am having to pay double the sale amount. At the time all I saw was a $750 a month payment not realizing the total payoff amount is double the sale amount. So many scams.

[michaelzma]

Great video. This is exactly what I was looking for

[KEVINLEE-pflo]

Ronen, THANK YOU SO MUCH!!!! for the info, it was very helpful and I appreciate it

[stanfieldsamuel]

Thanks for the wonderful work you’re doing on helping us truck drivers. My question is, do you know if the company’s you suggested for truck financing are still in business in the US I fill out the form but got no response.

[Trucker_AB]

My experience was different with them. It took them to get me approved 1 week and I sent my company details and even my tax return papers. After a while they came back and advised me they would give me 8% . I advised them I’m getting less than that elsewhere, she said I’ll get back you and send it to another lender. Then she said ok we got approved for 6%. Do your research people do not trust everything you see on here.

[drerogofficial]

This is when the “office boy” skills 🤓 actually pays off! Lol ✅

[johnmumford]

The company that my dad works for doesn't have to worry about that stuff right now. Instead they have to worry about how they're gonna get fuel to drive another day. It was a company owned by to Lebanese brothers in Houston but one pulled his money out and left leaving only one. Now they dont get enough money on the fuel card for a full tank every day, only a few hundred dollars and to fill up my dads 150 gallon torpedo tanks on his 2006 W900 from just a third of the tanks full capacity, it's about $950. He cant get that because theres not enough on the card.

[uria]

Ronen, Did I understand you correctly? You said y’all purchased them for $200, 000 and four years later they’re only worth $60, 000. That would mean it depreciates just over $2900 a month over those four years. Am I understanding this correctly and could you please go into more details? Thank you for everything you do for the trucking community

[polinaaleynikova]

What to do if Beacon funding equipment financing solutions tell me reputedly “it’s no apr & not interest %! u pay for equipment…” but from $95K my loan becomes $127K(even I paid $26K for 14mo & ~$5K for 1st& last month!) So that’s possible?

[Airbrushguy]

Is it required to send bank and 401k statements to lenders, I got a few calls and I started working with this company called axe trailers and finance, I’m kind of skeptic so I’m researching before I start handing out these information

[fidotoptrucker]

I’m trying to finance a 49, 500 truck they’re asking for 16k down plus 4000 for the first two payments and then 972 for 54 months they are financing 34k what do guys think?

[tototme]

I would love to finance 1 semi truck for me thanks in advance

[damianrodriguez]

When you put money down is it supposed to go towards the principle?