What is the #1 reason why new owner-operators fail, hands down? Not being prepared for catastrophic engine failure! Chances are, you don’t have $25,000 – $50,000 sitting around for a certified overhaul.

You need a plan, because it’s not a matter of if, but when you will need an overhaul. Let’s say you buy a truck with over 500K miles, and you go with a lender who entices you with a low downpayment and a longer term. Without proper consideration of the mileage. If catastrophic engine failure strikes, it’s game over – you’re upside-down in your loan. When you read the fine print on that aftermarket warranty that they sold you, you realize that it doesn’t actually cover a complete overhaul – you’re out of business, and your credit is destroyed.

First:

Successful owner-operators start by choosing the right used truck. Our numbers show that with today’s complex emissions systems, the ideal start-up truck has about 350,000 miles.

Second:

We structure your loan around the life expectancy of the engine, which for example, could be approximately 2.5 years before it starts burning more and more oil and may require an overhaul.

Third:

Begin with a downpayment, that should the unthinkable happen, you and CAG are in a position to finance the overhaul. Generally speaking, this is approximately 30-35% down. Now, you are prepared! Anytime during the loan, if the engine decides it needs an overhaul, simply visit your local certified service facility, and CAG can finance that overhaul. You’ll keep about the same monthly payment, and we’ll simply extend your existing loan term. Your truck now has a brand new, zero-mile certified overhaul with a nationwide manufacturer’s warranty! Ready to provide years of worry-free miles.