Question for the gents.

Discussion in 'Ask An Owner Operator' started by Nirvana, Sep 22, 2014.

  1. Nirvana

    Nirvana Light Load Member

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    Jul 5, 2014
    Gloucester, Virginia
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    What would a down payment need be to lease from peterbuilt for example. Monthly payments as well.

    I am talking a few years down the road. My wife makes 75K a year as a RN I made about 38K so far we have great credit and 56K in savings own are home.
     
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  3. Pahrump

    Pahrump Medium Load Member

    well equipped Peterbilt with an APU,refrigerator top of the line interior now goes for $150K to $175K or so,,add about a 5% price increase each year, most equipment finance companies with no previous trucking experience will want about 25% down ..

    Way back in 1975 the same truck was about $45K,,in 1987 about $85K,, In 1998 $105K,,
     
  4. Nirvana

    Nirvana Light Load Member

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    Jul 5, 2014
    Gloucester, Virginia
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    Ok so stack my cash. Seem like leasing through trucking companies is built on failing.
     
  5. Pahrump

    Pahrump Medium Load Member

    buy do not lease,,order exactly what will work for you,,,
     
  6. xsetra

    xsetra Road Train Member

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    Aug 21, 2011
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    Get out now while your ahead.:biggrin_2559:
     
  7. Skate-Board

    Skate-Board Road Train Member

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    Aug 9, 2014
    Merrimack, NH
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    I would go for a used truck around $30 to $35k. Keep your payments low and keep fixing whatever breaks or do upgrades. Many real old trucks out there in fantastic shape! While you on the road make your wife get a part time job as a visiting nurse so you have more money for yourself. Don't tell her I wrote this!
     
    Skydivedavec Thanks this.
  8. walterjacobo15

    walterjacobo15 Light Load Member

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    Aug 23, 2014
    Here and there
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    10-20% dp, 2800$ +/- a month. Some places wanna do 15 to 25% balloon. Also add around 550$ ins. per month.
     
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