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Kellen723's avatar
Kellen723
Explorer
Mar 25, 2016

Financing

looking to buy a toy hauler fifthwheel and the truck I currently have will not pull it! Wondering if I would be better off buying a truck that will work and then the trailer? The trailer then the truck. Or can I do both at the same time? Main question is will taking out two large separate loans be hard to do that close together?
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  • jfkmk's avatar
    jfkmk
    Explorer
    Mar 25, 2016
    Just remember that both the trailer and the truck are horrible investments that will depreciate at an incredible rate. If you're taking out two large loans, you can be underwater immediately. Lots of posts from folks crying they get in financial trouble and can't sell their rig for what they owe. Might want to do one at a time.

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