[jillesvangurp]

Probably because it's a cut throat business and truckers operating on razor thin margins are more likely to default on their loans when they get into trouble. The second hand value of the trucks is not enough to cover that risk. A two year old truck has a value of course, but it's nowhere near the new value of the truck.

[toomuchtodo]

Correct! It’s like rent to own homes, when the operator knows the renter will default and won’t take ownership. The profit is the transaction duration.

(family member is a truck driver)