Hi Im New to this forum.
Im have been driving for almost 7 year as company driver and one year was a Dispacher.. worked from top company to smallest company, have seen everything. I have brought 4 clients for my current company boss. Which he paid me 800 for each, we know he is making more and that is good for him for now. I enjoy the life of trucking I love it.
Im in process of getting My Authorities. I know trucking Industries isn't easy. but life isn't easy simple. that been said i have second career selling cars for the past 9 years which i enjoy it too.
I have $125000 cash in bank.
here is where you guys coming in for help.this will be one men show.
here are the option i have regarding buying a truck and reefer.
1. Buy a new truck Volvo or Freightliner from dealership and put 15% down
2. Buy a used truck from one of those Dealership Arrow Truck sales or from fleet get something like 11-13 with 480-550 Miles, pay the crazy stupid price they are selling for. keep in mind once the factory warranty runs out, that unit should sell way cheaper the the current price.
3. buy from dealer auction used one,11-13 way cheaper then Number 2 what they are selling for and pay for it and make New bill of Sale take it to bank to a get loan for it. here is what I'm thinking for Example If i get a unit for $380000 and Retail price is $58000. used the $15000 for downpayment. this way i get my 38000 + $5000 back to my back account. for the reefer trailer i will buy 2009-2012 payout just wanna do one loan. they have to be good unit for 2 reason 1 Ontario Canada MTO (DOT) scales are very busy. and two of those company I haul for they have freight to California too, this way i don't have worry about CARB
Here is the list of what was sold for past month.
2011 FREIGHTLIN CASCADIA HTRK PS AC 349,043 WHITE $29,000
2011 FREIGHTLIN CASCADIA HTRK PS AC 532,903 WHITE $39,000
2012 FREIGHTLIN CASCADIA HTRK PS AC 422,650 BLUE $44,500
2013 FREIGHTLIN CASCADIA HTRK PS AC 488,960 WHITE $42,000
2011 VOLVO VNL64T670 6DT HTRK PS AC 726,667 WHITE $26,000
2013 VOLVO VNL64T670 HTRK PS AC 581,773 WHITE $37,500
2013 VOLVO VNL64T670 HTRK PS AC 586,566 WHITE $41,000
2006 VOLVO VNL64T780 HTRK 999,999 RED $14,000
2012 VOLVO VNL64T780 HTRK PS AC 512,093 COPPER $50,000
2012 VOLVO VNL64T780 HTRK PS AC 574,333 COPPER $44,000
2012 VOLVO VNL64T780 HTRK PS AC 481,181 GOLD $50,000
2013 VOLVO VNL64T780 HTRK PS AC 403,283 BLUE $54,000
2013 VOLVO VNL64T780 HTRK PS AC 526,625 BLUE $50,000
2013 VOLVO VNL64T780 HTRK PS AC 524,440 RED $50,000
2013 VOLVO VNL64T780 HTRK PS AC 491,892 BLUE $50,000
2013 VOLVO VNL64T780 HTRK PS AC 482,231 BLUE $50,000
2013 VOLVO VNL64T780 HTRK PS AC 529,331 BLUE $49,000
2013 VOLVO VNL64T780 HTRK PS AC 555,227 MAROON $50,000
2013 VOLVO VNL64T780 HTRK PS AC 489,744 COPPER $51,000
2013 VOLVO VNL64T780 HTRK PS AC 449,312 BLUE $51,000
BAD OR GOOD FEED BACK WILL BE NICE.
Thank you
"we Haul North America on our trailers"
how to go about this
Discussion in 'Ask An Owner Operator' started by raptor2, Mar 8, 2016.
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With that kind of reserve, do something else instead of trucking. There isn't any money in it anymore. Use it for another kind of business. This industry has gone to trash. To blow 125k just to make an average around 100-150k gross maybe and owing uncle sam back a big chunk of change is silly.
Peter Griffin Thanks this. -
What auction is it?
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I would stay away from anything in the 2008 to 2013 range. And DPF is a nightmare unless you are a large fleet and know how to service them.
Key is to understand more than just trucking but the various things that impact the industry. Example of this would be things like the manufacturing index and inventory levels. Both of those where in the wrong position for trucking 2nd half of last year.
Right now, if you can keep your cost of operation below $.80 per mile and have a solid handle on what your daily fixed costs are you can not only make it but do well.
Many people with far less experience have been successful in this business.
This forum is a huge source of knowledge. Search, read, ask questions and have a thick skin.
If something makes sense but you don't understand why, learn why, don't just accept something, good or bad, as fact.raptor2 Thanks this. -
@BigBadBill I'm following you alright? I'm not gay or nothing..
BigBadBill Thanks this. -
Diesel Dave, jn1427, double yellow and 3 others Thank this.
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CallMeArty Thanks this.
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raptor2, pigeon river trucking, exhausted379 and 1 other person Thank this.
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Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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