How to Become an Owner Operator in 2013

18 Wheels of Justice is Proud to Present

Wholesale Truck and Finance


Click on the logo above or call 248-340-6175

You ask. 18 Wheels of Justice Delivers.

Nobody will give you credit?


Banks?

Finance Companies?

Your Boss won’t give you credit?

Your Parents never gave you any credit?

Your wife won’t give you any credit?


Good News – Wholesale Truck and Finance will!

Christmas has arrived early this year ladies and gentlemen!

18 Wheels of Justice will always lead our audience to exactly what they need. We have been searching for a long time for the best places to present to our audience. We have been buried with emails for months from Drivers looking for a good lease purchase program that is not tied to a specific trucking company. Owner Operators that want to move into a better, more fuel efficient or better looking truck.

How many times have you thought about doing a lease purchase and the company and the truck never matched up, it just didn’t feel right. You’ll be glad you waited.

We were fortunate enough to get a chance to speak with Mr. David Strand, President of Wholesale Truck and Finance, all the way from Auburn Hills, MI! We are pleased to present our interview with Wholesale Truck and Finance...

Mr. Strand, welcome and we are honored to finally have you here at 18 Wheels of Justice.

First of all, we want to know a little more about you, how you got involved with selling trucks and some history on Wholesale Trucks and Finance.

I started WTF in 2006 to fill a need in the transportation industry. There are a lot of good drivers out there who had no way to get into their own truck because of the barriers to entry, for example, Credit score, down payments to name a few. At the same time, there are lots of good opportunities with many carriers that are lease purchase partners with us as well as many others that are not. It seemed like an opportunity to get involved and make the right equipment available to the right people. Since then, we’ve had a lot of drivers come back for second or third trucks once the first was paid for.

What a good story, I’m sure our audience can relate. Now, how can you provide the financing where other companies can’t? Some of our readers have had hard times in the past with the economy the way it is and other issues. We believe in second chances here at 18 Wheels of Justice and it sure sounds like Wholesale Truck and Finance does, too.

Absolutely. One of the biggest beliefs we have as a company is to put good drivers into good trucks and let them work. We have seen lots of drivers who have poor credit and we realize that without a good truck, there is almost no chance that someone who wants to improve their situation can do so. We don’t focus solely on credit. We look at the driver, the truck, the work history and opportunity available to them. If they have a chance to go to a good company and make a difference in their lives, everyone will win, the driver, the carrier, and us. We enjoy providing that opportunity.

However, we are looking for committed drivers that will do what it takes to be successful. Part of that commitment comes in the form of the down payment. We do not, and never will, offer a $0 down program. Part of our qualifying process is financing drivers with the ability to have either saved the money for a down payment, which shows the driver is currently living within his or her means, or has friends or family that know the driver and they are willing to offer assistance.

On that note Dave, what is your down payment?

Our down payment for a driver who is not with one of our partner carriers is $5,000. This includes the first month’s payment. The down payment if you are with a partner carrier is $3,000. However, if you are driving for a carrier that will offer settlement deduction, for example, will pay us directly on a weekly basis, you may qualify for the reduced down payment. We have a simple process to qualify the carrier and offer our program to them.

Many drivers have dreams of becoming an owner operator and have the independence and financial security that comes with it. Not to mention truly living the American Dream of owning their own business. How do you help them fulfill this dream, can you briefly walk us through the process from initial phone call to driving away in his or her own truck?

The Truck Financing Process is Simple:

Check out our credit criteria

Fill out an online application

Phone interview with a WTF account rep

Get approved quickly

Choose a truck from our inventory that meets your needs

Send in your down payment

Drive home in your new truck

Wholesale Truck Finance definitely offers a unique solution facing a majority of company drivers today. What kind of shape are the trucks in? What is the typical age and mileage range?

These are good used trucks that come from fleets. They will be 50% or better on brakes, 10/32 or better on tires, new mattresses and DOT inspected. Most of our trucks are 2006 – 2009 and anywhere from 450,000 to 750,000 miles. And the higher mile trucks are priced accordingly.

   I can imagine trucks are moving quickly. Drivers and operators who want to upgrade need to get a hold of Mr. Strand. You had mentioned earlier that this is the best time of year to contact you.  Why is now a good time?

With a new year around the corner, we typically see a lot of drivers upgrading or expanding with the help of a tax return to use as a down payment. Over the last couple of years the used truck market has gotten more and more expensive. It is a great time to get into a new truck before trucks get more expensive and cut into your profits.

However, if you are becoming a first time owner operator, we do strongly suggest you have an operating account ready. This is typically $1,500-$2,000 in a business account that is used for truck expenses. Do not rush into this decision, take your time and do it correctly. We want you to be successful.

Thank to you Mr. David Strand and Wholesale Truck and Finance!

Please click below to reach the Wholesale Truck and Finance website of call 248-340-6175 to reach them today!

 Click on the logo above or call 248-340-6175

 
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