In my situation buy new or rebuild?

Discussion in 'Ask An Owner Operator' started by razor1983, Apr 13, 2014.

  1. razor1983

    razor1983 Medium Load Member

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    Currently I have an 06 Century with 14L Detroit, really cant complain about the truck. Its getting solid fuel millage and its not costing me much to maintain. However its getting close to the 900k miles, some problems are starting with the egr system and the transmission wearing out. I see it needing the big rebuilds in the next two years.
    Should I invest close to $30k in my estimation into this truck rebuilding it , or buy a new truck and deal with monthly payments and all the new emission crap?
    Now the catch is that I live in California, I dont need to run in CA but then have increased costs of storage and airplane fares, etc.

    By the way dont suggest moving out of state or retrofitting this truck. Those two are not an option to me.
     
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  3. baha

    baha Road Train Member

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    IF the truck is paid for, start using oil anl. to keep track of wear that will start, run it till you have $ in acc. to pay for what ever you need at one time.
     
  4. mp4694330

    mp4694330 Road Train Member

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    How long You legal in CA with this truck?
     
  5. razor1983

    razor1983 Medium Load Member

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    Truck was paid off a year and a half ago, since then I put away thousand a month for "rebuild/new truck" fund.

    I am sort of legal in CA until June.
     
    mp4694330 Thanks this.
  6. TwinStickPeterbilt

    TwinStickPeterbilt Heavy Load Member

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    If your living in CA sell it and get something else.
     
  7. Cat sdp

    Cat sdp . .

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    Buy new ....... And join the party ! I'd be looking at a mack (Volvo) or freightliner.


    Your home state is mostly to blame by the way.....
     
  8. Sly Fox

    Sly Fox Road Train Member

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    Being you live in CA, I would recommend selling it, and getting a new truck. Even with the age, I'm sure you'd get a decent price outside CA for the truck. Better to sell now before driving it until there is a problem. Anyone who buys it knows that 'big repairs' are an eventuality.

    If you lived outside CA, I'd tell you to overhaul the engine and transmission.

    I have an 06 Freightliner with a Series 60 Detroit 14L, and have already done both (a lot more miles on it now than yours, almost 1.3 million). Engine overhaul, with EGR (Turbo was already done a few months earlier), was just over $14,000 (this was for a new head, EGR, injectors, and complete overhaul, without doing the water pump). The transmission, for a complete replacement (with core charge credit) cost me $6,000 out on the road when the pilot bearing decided it wanted to seize up and cause a whole lot of chatter, which included grinding one gear up). My friend has an 06 with 1.2 million on it, and he has a quote for $4200 for rebuilding his current transmission (he's putting it in the shop in a week or two).

    So, if you rebuild both, get a new head, injectors, EGR, etc you're looking at less than $20k. Throw in the Turbo, and it's a little more. If you're going to pull the transmission, the clutch may be in order for replacement as well (again, a lot cheaper when you're already pulling everything apart).

    Front differential on the truck can be pricy. I have a Mercedes rear end, and the price for remanned floored me. Bought a used diff for $1600 that had 400k on it and have had it for half a million myself. Remanned at the shop ordered and dropped in was almost $5k. Absurdly high for a diff.
     
  9. rank

    rank Road Train Member

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    Seems like you've eliminated two of three possible choices. Not sure where the question is LOL.
     
    crb Thanks this.
  10. fencitup

    fencitup Light Load Member

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    I totally get the peace of mind to be had by not having a monthly payment. But it amazes me the lengths that I've heard truckers will go to avoid buying new.

    I am not even remotely one to take advice from on this, but giving the circumstances I'd buy new and not think twice about it . Everything has risks.
     
  11. dude6710

    dude6710 Road Train Member

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    Sell it and lease a new petercar from lone moutain
     
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