Brother, you have to sit down and have a talk with the numbers side by side.
There are threads on here of breakdowns and $14000 bills with no way to pay.
Which truck should I buy??
Discussion in 'Ask An Owner Operator' started by joseph1853, Feb 11, 2021.
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tommymonza, OldeSkool, shooter19802003 and 1 other person Thank this.
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I started out with an old pre emission truck with a rebuilt motor. I also was mechanically inclines and had lots of tools. Also, since I’m never more than an hour from home and have a fully equipped shop I can rent to work on it, buying an older truck seemed to make sense. Maybe it did for a first truck, I’m still not sure.
I do know, that with an older truck there is always a to do list with things that need to be done ASAP, things that should be done soon, and things you wish you could do sometime. It’s very difficult ever getting anywhere near caught up on that list.
I bought a fairly new truck. My payment of course went up. My insurance went up a bit. Guess what, I make much better fuel mileage. That alone pays for the extra. I have had almost no downtime whatsoever for the 8 months I’ve owned this truck. That has saved me who knows how much money. I save thousands on taxes because I have some depreciation. It’s a whole lot more enjoyable to drive a truck with a good heater and A/C and smoother ride. I’m sold on it. I have totally gave up my dreams for an old pre emission truck. I don’t see any advantage to owning one.joey8686, tommymonza and joseph1853 Thank this. -
Dino soar and staceydude Thank this.
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I'm assuming your not saying brand new or are you?
I was originally thinking 2015 or 16 truck Freightliner with Detroit with around 500,000 miles on it. Those are not brand new but they're not old either.
I hadn't thought about mileage but that is a great point.
1-3 mpg more can make a huge difference in cost. -
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How long have you had it and why do want to get rid of it? -
Now I have 4 trucks, and good bank roll.
I bought a 14' that they were giving away. Haven't gotten a driver for it. It's tough to qualify for Landstar, and not everyone that does passes my sniff test.
I've been on the fence over selling the '12. It's a great truck. When they sit though, it's no good. They are met to be moving.
Now I can afford anything. I've got my feelers out with several reps / manufacturers and may even get a group of new ones if the great deal comes along. We don't do this just to pay for trucks, we do it to bank coin.
When you first start out, your options aren't as vast as they are when you have several hundred thousand dollars on hand, and established relationships with people that have freight. Not to mention a wtf strong business credit. Now it's like, " How many do you want?"
I started with nothing, and a bunch of " You'll never make it."
The guys that drive for me, buying trucks through me, have seen first hand, lived if you will, how much of the advice of many of the esteemed members here is trash.Brettj3876, 650cat425, joey8686 and 4 others Thank this. -
For me,
joseph1853 Thanks this. -
I'm thinking I'm getting the just of it. The newer less risk for break down but more money. The older more risk for break down but less money at least upfront.
Jeffrey Like a driver who does YouTube videos said he's done the number's on several scenarios personally and at the end of the day, it cost less for a new truck than for an old one when you consider cost, fuel mileage, downtime, etc. He will say why would I want to get into an old truck that cost more when I can drive a brand new one for less ultimately. He actually did a lease deal with a full front to back warranty.OldeSkool and tommymonza Thank this.
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