So you want to "own " your own company - Page 7 - Truckers' Trucking Forum

Big "A" · **^ Top** #61 01.15.2008

Quote:

Originally Posted by MedicineMan

Well in a year and a half you went from a $6k truck to a fairly new(relativly) $20k pete even with some major setbacks. I'd say you've done pretty well but I know it hasn't been easy. I'm doing it now with a $5k truck which is an electrical nightmare and I seriously fear a fire. Which reminds me, I need to go get back to rewiring that thing. Take it easy.

Oh, and it's not a great time to be owning a pete with fuel like it is

You got that right, but you got to love a pete.

MedicineMan · **^ Top** #62 01.16.2008

I do love them. We have owned a bunch of them. But these days I'd never buy one I had to have a payment on.
I just bought an 86 359 pete to half play with half work with

I've wanted a 359 for some time.

Big "A" · **^ Top** #63 01.16.2008

359 a good lookin truck

nightrider269 · **^ Top** #64 01.21.2008

Here's the deal. I drove for a small co for the last 2.5 years, hauling steal. Now the gal who owns the co wants me to buy the T/T from her. Tractor is a 99 W900 with 700,000 miles, and a in frame recently, with a 3 year warnnety. Trailer is a 99 flatbed, with a new quick draw top. She wants $64000 for both. Payment would be $477 a week for both. Truck was bringing in around $3000 to $5000 a week. With fuel at $3.30, can a guy make a profit? Is it worth it?

Bigray · **^ Top** #65 01.21.2008

nightrider pick up the truck paper and compare some prices !

even w/ the in-frame rebuild the price seems a little high to me. imo..

379 Peterbilt · **^ Top** #66 01.21.2008

I have to see the specs and condition of the tractor and trailer before I could say if 64K is resonable. From what little you posted about the two, I'd say "ballpark" at best, however a fresh inframe cost 11-12K, and a 3 year warrantee is very nice to have.

Quote:

Truck was bringing in around $3000 to $5000 a week

Yeah, maybe to her, but doubtfull to the driver. Take those gross numbers (I assume they are gross) and knock off the 20-25% cut she gets. Use the lower figgure of 3K, not the 5K

Ask her why she wants to sell them in the first place.

nightrider269 · **^ Top** #67 01.21.2008

Been on T/paper on line. Only found 1 W900 (99) for less money.(in my area) This truck I drove for the last 1.5 years. She wants $38,000 for the tractor, $26,000 for the trailer. Trailer has a $15,000 new quick draw top on it. To much money? Can I make enough money at $3000 a week to make a $477 a week payment, or on slow weeks will I be dipping into my personal accounts?

nightrider269 · **^ Top** #68 01.21.2008

Tractor is a 99 KW with a 500 cummins, 18 speed. It sat for two years. Previous owner didn't drive a lot, and passed away. It sat for two years before she bought it. I drove it for 1.5 years and was doing about 140,000 miles a year.

379 Peterbilt · **^ Top** #69 01.21.2008

The way you posted the money that the truck brings, coupled with that $477 per week payment sounds great on the surface. But be for we sit here and yes yey or nay, we'd have to know much more.

Lets start with how much is in fuel surcharge. Then how much is regular revenue, then what is your percentage of that rev? How many miles per week do ya drive to get that 3-5K.

Normaly an O/O gets 100% of the FSC.

nightrider269 · **^ Top** #70 01.21.2008

FSC is 27%, O/O gets it all. Of the $3000/wk + 27% FSC , truck payment, ins, can a guy make a living?

Thread Tools
Show Printable Version Email this Page
Display Modes	Rate This Thread
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode	Rate This Thread:

Similar Threads
Thread	Thread Starter	Trucker Forum	Replies	Last Post
"1" For English; "2" For Spanish: HOW MUCH INCONVENIENCE MUST WE TOLERATE???	RiggerModus	Politics	209	08.04.2009 07.17 PM
"A" for Effort, "F" on knowledge of History	Ronnocomot	Politics	2	04.19.2008 11.47 PM
Is there a "10" code for "When will you reach your destination?"	fiddlemama	Questions To Truckers From The General Public	11	12.03.2007 08.34 PM

Truckers' Trucking Forum/Message Board - The Premiere Truck Driver Forum

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)