experience buying from Paccar Financial used trucks

I put a deposit on one there last fall,but couldn't get decent financing so I canceled the sale.They were very good to deal with.
They took the truck in trade,I put a deposit on it.They sent it through the shop for services which took a few weeks,They returned the deposit quickly,had many other buyers waiting for trucks at the time.

 

Can’t speak about the Paccar Financial locations, but in 2019 when I was looking to buy a truck again and get back in it I had places that wouldn’t deal with me because I didn’t need their financing. MHC in Joplin finally told me the new W9 I wanted was gone when I told them for the third time I didn’t need them to email me a credit app. So I had my brother call about the truck I wanted and it was still there, they said they needed his email to send out a credit app to get the ball rolling. So you’re likely meeting some resistance from them because you’re taking away their ability to make east money on the financing end.

 

I saw a listing on TruckPaper.com, the listing indicated Paccar Financial in Manooka IL, for a listing of a Peterbilt Truck. I went there and saw many trucks in nice shape, and after looking at a number of trucks, some of them had Dashboard errors some did not I selected one to buy. The sales group was helpful and kind, but not really skilled in the sale to Owner Operators / Independent Truckers, they usually only handle fleet account Sales and Returns.
I did finally put money down on one of their trucks, Since I have very good credit, I was approved for financing by PACCAR. At this point, I'm waiting for the truck to be ready.
The truck readiness was slightly delayed because Paccar Perterbilt is making sure the truck I bought meets DOT requirements and they have also replaced a number of parts at their expense. Overall I found Paccar Perterbilt to be helpful and Honest, B+ Experience.
(UPDATE, Truck will be ready on 04/11/2025 )

 

What are they charging YOU for interest ?

 

They are charging me 10 OR 11% I cant remember, on a 2020 Peterbilt 579 10 Speed Manual, Day Cab, I put half $ down $20,000 , After negotiating down to $41,500. Payment is 1,000 a month, Im getting back into trucking since I was forced to retire from my engineering Job, I always kept up my CDL and Medical. I am already leased to a trucking company just to do crosstown Inter-modal in Chicago and short regional. But still waiting on Paccar Peterbilt for the truck to be ready ( Update, truck will be ready on 04/11/2025 ).

 

if they want you to finance it that bad, and there’s no early payoff penalty, I would do just that and then pay it off in two months or something. They might accept an offer that way.