Congratulations on your new Purchase! You have made a right decision going with a new truck. Especially if used for commercial purchases. It’s better to have one payment a month than being on the side of the road looking for towing and local truck shops that will charge you arm and a leg. U never know what and where might brake down on a used Diesel Truck. Since you purchased a new truck you know the amount of a monthly payment, now you can plan your finances accordingly around that payment. You have peace of mind down the road which is priceless. Trust me you will start making more money now with a new truck. You will be able to deliver and pick up loads on time every time. There will be no excuses that you broke down or DOT put you out of service. Thus building good relationships with dealers, brokers and customers. Plus not every body has 40K to throw on the used truck and it does not make sense to do so. It’s better to use those same 40K as a down payment for 2 more trucks, hire drivers and expand your business that will generate more income. APR is not that important as long as you make some principal payments and with a new Ram you have ability to do so!
