Should i sell my brand new 389

Discussion in 'Ask An Owner Operator' started by kay_ray, Dec 11, 2021.

  1. kay_ray

    kay_ray Medium Load Member

    449
    1,099
    Jun 6, 2019
    0
    So finally after 4 months my truck is getting delivered next week and i already have few people offering me crazy money to sell it to them . One of the guys that i know is willing to buy it 30k over what i payed. 50 to 60k profit doesnt sound bad as the new ones are going for 250 right now. Did Anyone els did this buy and flip in this market ? How much you pocketed and was it worth selling your custom made baby?.

    For anyone wondering its a legendary blue 389 with white frame with blue vinyl running through the frame . 565 hp with 1850 tq and 13 speed .full gauge package with texas style bumper and 78 inch high roof sleeper with platinum interior. And every bell and whistle
     
    Last edited: Dec 11, 2021
    Speed_Drums and D.Tibbitt Thank this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. pavrom

    pavrom Road Train Member

    3,026
    6,876
    Apr 29, 2012
    NE illinois
    0
    You should ...lot of guys purchase 389 or w900 for pride ...not for flip
     
    alds, Badmon, feldsforever and 4 others Thank this.
  4. D.Tibbitt

    D.Tibbitt Road Train Member

    19,660
    130,560
    Apr 26, 2013
    Gettin' down westbound
    0
    Do u need the truck? Sell it while its hot. Take the profit while u can get it. Can always buy another new truck.
     
    Buckeyes614, alds, 401-Alex and 5 others Thank this.
  5. abyliks

    abyliks Road Train Member

    3,085
    6,902
    May 2, 2010
    ludlow MA
    0
    I guess the biggest question is do you actually need the new truck, you can make money flipping it, but once it’s sold it’s gone
     
  6. kay_ray

    kay_ray Medium Load Member

    449
    1,099
    Jun 6, 2019
    0
    I have a 2016 579 that is working perfectly fine right now but will need some repairs in the future.
     
    77fib77 and D.Tibbitt Thank this.
  7. D.Tibbitt

    D.Tibbitt Road Train Member

    19,660
    130,560
    Apr 26, 2013
    Gettin' down westbound
    0
    Well just think. You may never have the option to flip a brand new truck like this ever again and make money doing basically nothing.
     
    alds, Badmon, 401-Alex and 9 others Thank this.
  8. Concorde

    Concorde Road Train Member

    2,946
    8,358
    Jun 29, 2016
    West Melbourne Florida
    0
    I just saw a 2022 T-680 sell at auction for a touch over $300k

    Don’t leave any money on the table if you’re serious about selling it.

    I got another identical 389 being built in January..probably have to wait a couple months more for them to complete it though.

    Be careful because Peterbilt is cutting their production way back next year. It will be very difficult getting another one if you sell.
     
  9. Arctic_fox

    Arctic_fox Experienced mx13 execrator

    2,993
    12,964
    Sep 16, 2016
    0
    Honestly if you already have a working 2016 that fits your needs i would flip the new truck take the 30-60K profit you make and just invest in a complete inframe and full emissions service upto and including new DPF. Hell you could even do a full like for like engine swap for 50k including wireing harnesses and pull any hard to get but working parts like sensors off as spares from the old engine and have what is esentially a brand new truck for a small fraction of what the new rig goes for.
     
    TheLoadOut Thanks this.
  10. kay_ray

    kay_ray Medium Load Member

    449
    1,099
    Jun 6, 2019
    0
    Yes i guess profit it is then
     
    ibcalm19 and D.Tibbitt Thank this.
  11. Concorde

    Concorde Road Train Member

    2,946
    8,358
    Jun 29, 2016
    West Melbourne Florida
    0
    Be prepared for 5mpg in the 389 if you haven’t owned one yet. It’s a whole bunch more money for fuel than the 579. I did the math because I had a 579 on order and for the miles I run it came out to $2,700 more just for the fuel.
     
    Dave_in_AZ, alds and D.Tibbitt Thank this.
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.