owner operator

Discussion in 'Ask An Owner Operator' started by Dean Fancher, Mar 16, 2023.

Page 4 of 4
  1. Mar 20, 2023 #31
    bzinger

    bzinger Road Train Member

    16,650
    66,161
    Dec 10, 2014
    omaha , ne
    0
    Don't buy yet ! There's still many repos to come to auction yet when this whole buy high and run cheap now shakes out .
    This cycles every few years on the spot market side .
     
    bzinger, Mar 20, 2023
    bzinger, Mar 20, 2023
    #31
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  3. Mar 20, 2023 #32
    kemosabi49

    kemosabi49 Trucker Forum STAFF Staff Member

    10,977
    47,918
    Jan 13, 2013
    SW Arkansas
    0
    Buyer beware on those repos. Many failing O/Os will defer any maintenance at the first cash flow crunch. Due diligence is a must. I had a friend that thought he had a deal in 08. Almost lost his shirt.
     
    kemosabi49, Mar 20, 2023
    kemosabi49, Mar 20, 2023
    #32
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  4. Mar 20, 2023 #33
    Banker

    Banker Road Train Member

    4,518
    14,658
    Aug 19, 2012
    0
    How could he loose with “6 months of free Sirius”. Lol
     
    Banker, Mar 20, 2023
    Banker, Mar 20, 2023
    #33
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  5. Mar 20, 2023 #34
    Brettj3876

    Brettj3876 Road Train Member

    11,257
    54,060
    Nov 18, 2014
    Land of local
    0
    Was gonna say. All them repo's lack maintenance for a long time. That's the 1st thing that gets cut
     
    Brettj3876, Mar 20, 2023
    Brettj3876, Mar 20, 2023
    #34
    kemosabi49 Thanks this.
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