Harry Monk:
I’m not going to go too far into personal finances, because they’re personal.
But I am looking at putting 20k of my own money down on a £35k truck and obviously I am in a strong negotiating position with those figures, particularly as I have a faultless credit history and the loan is secured against the asset. Close Asset Finance have already offered me the money I want at 7% APR but I think I can get that down by a couple of percentage points.
I used Close Asset for my first finance deal, a good company to deal with, used them again to buy a trailer. They also have lorries in stock, or they did, snatchbacks and the like, may be worth seeing if they have anything that suits your needs
newmercman:
I used Close Asset for my first finance deal, a good company to deal with, used them again to buy a trailer. They also have lorries in stock, or they did, snatchbacks and the like, may be worth seeing if they have anything that suits your needs
Harry Monk:
I’m not going to go too far into personal finances, because they’re personal.
But I am looking at putting 20k of my own money down on a £35k truck and obviously I am in a strong negotiating position with those figures, particularly as I have a faultless credit history and the loan is secured against the asset. Close Asset Finance have already offered me the money I want at 7% APR but I think I can get that down by a couple of percentage points.
I used Close Asset for my first finance deal, a good company to deal with, used them again to buy a trailer. They also have lorries in stock, or they did, snatchbacks and the like, may be worth seeing if they have anything that suits your needs
they do have lorries for sale, but they are usually way overpriced
I bought a MAN xxl on '05 2years ago for £13k with help from Close Asset…very low mileage and had sat about for over a year…needed an ecas unit and also ecu…couple of grand sorted it and there is not a big monthly finance payment to meet
Bought another on a '55 plate at auction for 9 grand, no loan, (ERF/ECT badge,small cab,D20 engine) pulls like a train, I prefer it to xxl
Point is Harry…I would, in your position, spend 10 or 12k, have a few grand in bank as a cushion and try the job out for a couple of years…I am a very cynical old git…finance scares me and the economic situation at the moment is DIRE
mark j robinson:
Point is Harry…I would, in your position, spend 10 or 12k, have a few grand in bank as a cushion and try the job out for a couple of years…I am a very cynical old git…finance scares me and the economic situation at the moment is DIRE
I have to have euro 4 as an absolute minimum because I will be loading in the LEZ, but will almost certainly go for euro 5 otherwise I am just going to have the problem rear up again in a few years time.
I will probably be taking on some finance but I have a reasonable deposit and on a 2008 euro 5 engined Daf XF 105, which is what I’m leaning towards at the moment, payments will be £527 a month over 24 months or £367 a month over 36 months, which is less than a lot of people pay on finance for the family car.
I do know somebody else who is doing the same work and he earns a reasonable living and a reasonable profit doing it. The alternative is to sit at home for the next 2-3 years and burn through my savings just on surviving.
mark j robinson:
Point is Harry…I would, in your position, spend 10 or 12k, have a few grand in bank as a cushion and try the job out for a couple of years…I am a very cynical old git…finance scares me and the economic situation at the moment is DIRE
I have to have euro 4 as an absolute minimum because I will be loading in the LEZ, but will almost certainly go for euro 5 otherwise I am just going to have the problem rear up again in a few years time.
I will probably be taking on some finance but I have a reasonable deposit and on a 2008 euro 5 engined Daf XF 105, which is what I’m leaning towards at the moment, payments will be £527 a month over 24 months or £367 a month over 36 months, which is less than a lot of people pay on finance for the family car.
I do know somebody else who is doing the same work and he earns a reasonable living and a reasonable profit doing it. The alternative is to sit at home for the next 2-3 years and burn through my savings just on surviving.
Don’t know if this is any good to you
Harry but burnt tree vehicle rentals at purfleet next to canutes has 2 daf xf s for sale both white think one 57. Plate and others 08 couldn’t see the prices on them either tried there web site to get a link up for you but no joy.
Ta, CB, will have a look. It seems to be a good time of year to be shopping, I think a lot of trucks must come onto the market at the end of the financial year.
If its not the head gaskets going, or the heads cracking (on 5out of 12 tgx’s i know) or the compressors failing OR the tappets going at 470k yesterday we recieved letters from man saying ALL tgx’s have to be recalled for brake issues, stay clear of them harry they are nothing but trouble. Again cheap yes… Good quality reliable NO!
If its not the head gaskets going, or the heads cracking (on 5out of 12 tgx’s i know) or the compressors failing OR the tappets going at 470k yesterday we recieved letters from man saying ALL tgx’s have to be recalled for brake issues, stay clear of them harry they are nothing but trouble. Again cheap yes… Good quality reliable NO!
to be fair though Dafydd, the drivers at the company you work for aren’t the most intelligent people on the planet are they
i mean, one driver, in a SCANIA , had a loss of power combined with a severe knocking noise, but instead of stopping, drove another 27 miles to his delivery point and basically totalled the engine in doing so
on 99% flat work sites steel pallets say around 70% ish fully freighted its doing roughly 8 to 9 mpg if someone knows how to convert the litres per km then i will get the figure off the dash next week we have about 15 tractors and rigids and we have had a couple with engine issues but the one i have apart from a couple of electrical gremlins which has mostly been down to crap in the sensors its been right as rain cnt fault it pulls well never do far been stuck on sites andddddd if i think of out else or anything you want to ask feel free if i dnt know i can ask someone who will know
gonzothejaffa1:
its doing roughly 8 to 9 mpg if someone knows how to convert the litres per km then i will get the figure off the dash next week
Yea I can do that although it’s not quite as straightforward as a normal metric conversion because the factors are reversed, i.e. with Imperial it is MPG, "distance covered divided by fuel used ", whereas with metric it’s reversed, l/100km, “fuel needed to cover a given distance”.
As a rough rule of thumb, 8 mpg is just under 30l per 100 km.
Harry Monk:
That’ll teach me to convert using the internets rather than pencil and paper
Quite why we ended up with gallons that are different from the USA I’m not sure but it can be rather a nuisance. I did my workings with pen+paper… I use the conversion quite a bit as my Premium will only do l/100km and not mpg.
If its not the head gaskets going, or the heads cracking (on 5out of 12 tgx’s i know) or the compressors failing OR the tappets going at 470k yesterday we recieved letters from man saying ALL tgx’s have to be recalled for brake issues, stay clear of them harry they are nothing but trouble. Again cheap yes… Good quality reliable NO!
to be fair though Dafydd, the drivers at the company you work for aren’t the most intelligent people on the planet are they
i mean, one driver, in a SCANIA , had a loss of power combined with a severe knocking noise, but instead of stopping, drove another 27 miles to his delivery point and basically totalled the engine in doing so
hardly a fault of the truck now is it?
what has that got to do with man’s being crap?
some of them are interesting shall we say, but on the whole they are good lads and most of them have driven all over the middle east north africa etc for us… well experianced drivers,
i know 5 out of 12 man’ tgx’s that have heads crack. 3 from our company… 2 from another, ours went early last year on 08 plates, and the other two who are on 60 plates for another company,
so is it the drivers fault that all man’s need to be recalled? or the heads cracking? or the head gaskets going? or the tappets giving up at 470k? or the compressors breaking?
no.
id say its the cheap unreliable truck makers, wouldn’t you
