
The dealer's monthly payment hides 21% in interest. Here's the math.
A $75,000 truck financed at 9% APR for 60 months costs $90,940 all-in. The $15,940 gap is total interest. How to calculate what you're actually paying before…
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A $75,000 truck financed at 9% APR for 60 months costs $90,940 all-in. The $15,940 gap is total interest. How to calculate what you're actually paying before…

Infrastructure investor Stonepeak acquires BMO's commercial truck financing businesses for undisclosed cash plus earnout tied to performance targets.

Advertised rates start at 7.9%, but credit score, truck age, and lender type push the real APR as high as 35%. Here's what moves the number and where the traps…