Financing Your Equipment

Overdrive Staff | April 30, 2012

Work up a budget to give you an idea of what truck payments you can afford and how much revenue you’ll need to cover payments and other financial obligations. Given the age of the truck, estimate what it will be worth when you complete the contract. Many carriers offer no-money-down contracts, but this often means higher periodic payments. Weekly payments of $400 to $600 aren’t uncommon.

This excerpt is from the 2012 Partners in Business manual, produced by Overdrive and owner-operator financial services provider ATBS. The next Partners in Business seminar will be June 15 during the Great West Truck Show in Las Vegas. To order a manual and for additional information, visit The program is sponsored by Bandag, Ryder Vehicle Sales and Shell Rotella. strives to maintain an open forum for reader opinions. Click here to read our comment policy.