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Trucking Sector Recession Officially Here...

Discussion in 'Ask An Owner Operator' started by Scooter Jones, Jul 12, 2019.

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  1. Jul 12, 2019 #1
    Scooter Jones

    Scooter Jones Road Train Member

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    Scooter Jones, Jul 12, 2019
    Scooter Jones, Jul 12, 2019
    #1
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  3. Jul 12, 2019 #2
    Scooter Jones

    Scooter Jones Road Train Member

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    I've also noticed a LOT of used trucks building up on the back lots of these same dealerships.
     
    Scooter Jones, Jul 12, 2019
    Scooter Jones, Jul 12, 2019
    #2
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  4. Jul 12, 2019 #3
    Socal Xpress

    Socal Xpress Road Train Member

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    The Purge is coming.
     
    Socal Xpress, Jul 12, 2019
    Socal Xpress, Jul 12, 2019
    #3
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  5. Jul 12, 2019 #4
    JonJon78

    JonJon78 Road Train Member

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    I just traded my truck in and recieved $4000 more for it this week than what the dealer was offering to give me back in April when I was initially going to trade it in for a new truck...
     
    JonJon78, Jul 12, 2019
    JonJon78, Jul 12, 2019
    #4
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  7. Jul 12, 2019 #5
    Scooter Jones

    Scooter Jones Road Train Member

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    Might be a good time to buy a new truck that is a year behind the latest models. That's what I did at the end of 2015. Bought a new 2016 model when they were already bringing in the the 2017 models. I received a very nice discount from the dealership & factory. New trucks weren't exactly flying off the lots back then either.

    What goes up, must come down ;-)
     
    Scooter Jones, Jul 12, 2019
    Scooter Jones, Jul 12, 2019
    #5
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  8. Jul 12, 2019 #6
    Midwest Trucker

    Midwest Trucker Road Train Member

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    That’s interesting, nice. What did you end up buying?
     
    Midwest Trucker, Jul 12, 2019
    Midwest Trucker, Jul 12, 2019
    #6
    JonJon78 Thanks this.
  9. Jul 12, 2019 #7
    JonJon78

    JonJon78 Road Train Member

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    2020 389 Peterbilt.
     
    JonJon78, Jul 12, 2019
    JonJon78, Jul 12, 2019
    #7
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  10. Jul 12, 2019 #8
    Midwest Trucker

    Midwest Trucker Road Train Member

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    Awesome! I’m not sure if you have put a pic on here or not but PM me sometime if you care to share. Congratulations.
     
    Midwest Trucker, Jul 12, 2019
    Midwest Trucker, Jul 12, 2019
    #8
    mhyn and JonJon78 Thank this.
  11. Jul 12, 2019 #9
    JonJon78

    JonJon78 Road Train Member

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    I should say they offered me $2k more than in April but with my negotiating was able to get $4k... Had this been last year or had I just sold it privately I probably could have gotten around $10k more.

    I couldn't see myself dealing with tire kicker truckers looking to by my used truck... To me the loss of trading it versus private sale is worth it. LOL
     
    JonJon78, Jul 12, 2019
    JonJon78, Jul 12, 2019
    #9
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  12. Jul 12, 2019 #10
    mhyn

    mhyn Road Train Member

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    ready to pay $100k for freightliner or Volvo that has x15 engine and less than 100k miles ))))
     
    mhyn, Jul 12, 2019
    mhyn, Jul 12, 2019
    #10
    Rideandrepair Thanks this.
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