Lease new vs buy old?
Discussion in 'Ask An Owner Operator' started by rockstar_nj, Jun 26, 2015.
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Amen, L. FLD
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I'm OTR so I don't own a car because I find it to be pointless.
I have a home but it' a $100k house and I have a room mate nearly splitting all the bills with me.
Only home maybe a couple days a month at best so having a fancy house doesn't really matter to me.
No wife or kids...
So hey I got a new truck whatever lol don't really have much of any other expenses and I want to be comfortable with less headaches but that's just me.RERM, spectacle13, Oscar the KW and 2 others Thank this. -
My favorite is the "new trucks are always broke down and in the shop."
If that were true there would not be hardly any new trucks moving down the road, you wouldn't be able to get into the parking lot of a dealership, as they would be full with all these broken down trucks.spectacle13, daf105paccar and freightwipper Thank this. -
Yea, I think, New or old. They all have they ups and downs. It just come down to choice, like and need.
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I think the worst is to get a used truck around 500k miles right after Warranty and they're still $70k or so.
My first company I worked for the owner said the total cost to operate is cheaper getting new trucks vs keeping their fleet past the warranty for an extra year or two.
That's what I heard Idk if it's true but sooo many fleets get rid of their trucks at 500k tops it seems.
New or a cheap older pre emissions truck seems to be the way to go. -
Yeah, with anything 04 or newer to rebuild it properly (everything) you are essentially adding 1-1 1/2 years of payments. And that's just the engine, there's a lot of expense that can be incurred between the transmission and the rears too, not to mention all of the other things that could plague an older truck. In the end it really is a gamble though.
Long FLD Thanks this. -
Believe me, if I was running otr I'd have a newer truck with a bigger bunk in a heartbeat. -
You guys...let's think about this for a minute. The more stuff you put on a truck the more stuff there is to break right? Take away ABS, EGR, VVA's, DPF, sensors, computers and there is precious little left to go wrong. You can buy a mechanical truck and replace all the wear parts that need replacing before you head out and still be money ahead.
I've had '86, '95, '98, '00, '01, 05 and '08 and the newer they are the more it costs to keep them running. If we are talking about reliability, resale and/or total cost of ownership I don't think there is any debate here.
Get a clean truck built before 1995.Last edited: Jun 27, 2015
jdiesel3406 and DetroitSpecial Thank this. -
Of course you don't see a 2000 Volvo at the dealership. Not @ $135 an hour!!!!. My main point is that you need to have some mechanical ability to own any older vehicle.
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