Well, the good news is tier one is sub 10%. Tier 5
Right? I was running figures this morning for fun and the rent charge is just insane on these. It never was great, but it was certainly much more attractive than the current ~$450+ per month.
Loan shark rates
how did you get plates without funding?? Donāt you need CCAP docs for registration?
I got the packet from Gupton a little over a week after signing with all the stuff to do it on my own for Mass at the registry (in MA you canāt drive on temp plates so they give you what you need to do that) along with the title, purchase docs etc.
It makes sense because Iāve driven off the lot after a deal with a MA dealer when itās approved and it funds shortly thereafter when they give you real plates there.
Still crazy that itās taking 14-21 business days for these to fund. Not an easy gig for Missy and Renee to have this pile of deals to move through.
Filled out credit app today. Waiting for the final few steps and also talked to a shipper whoāll ship for $2k open trailer from KY to WA. If everything goes smoothly will hopefully have the truck by 10/15.
Whatās the CCAP loan rate now for 72 months?
Farrish let me know my truck arrived. Tracker hasnāt updated yet
Not sure if this was already clarified: are they requiring signing in person?
No theyāll fedex everything. You do need to have some of it notarized.
I told them Iām picking up in person so I didnāt ask.
Are these still worth flipping? Mine is $72,300 for a red base with tow package.
You should be able to get more than 80 easy
A few people got 84+ for a base
I am getting 90k for my level 1. TRX flip is still good tbh.
86k for my base last week
Cant get more than 86k for my level 1 around here
I have a local Ram dealer that moves TRX pretty easily. They kinda rare down here in TN. I sold them like 3 of mine and another for a LH member.
Where is the love?
What part of the country are you in?
Any way to waive the first month payment and only include my initial deposit ($500) in the calculator? Dealer doesnāt want to deal with sign and drive and Iām fine with them using my deposit as part of the drive off instead. Iām still off by a $20-$30 a month on my calculator.
Dealer sheet has lease payment listed at $1474 a month with $500 down vs $1469 for me with $2020 down.