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bought new hopper

Discussion in 'Tanker, Bulk and Dump Trucking Forum' started by markk, Mar 4, 2022.

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  1. Mar 4, 2022 #1
    markk

    markk Medium Load Member

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    Truck company sold off all trailers to get out with profit since Hopper prices are outrageous.
    I bought a 2021 timpte with front drop axle, tire inflation system, manual tarp ( a plus in my books) 78x 96 for 46k. End up paying 58500 after financing with a company that guys used equipment and leases out with no money down.

    I believe they bought all 21 trailers. I told them where they were.
    A big price. About 13% interest but. .. .
     
    markk, Mar 4, 2022
    markk, Mar 4, 2022
    #1
    Siinman Thanks this.
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  3. Mar 4, 2022 #2
    Rubber duck kw

    Rubber duck kw Road Train Member

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    You're braver than me. I ran out screaming when I had a 50x78x96 triple axle Timpte quoted last December. They wanted 86k for one with hydraulic traps and disc brakes.
     
    Rubber duck kw, Mar 4, 2022
    Rubber duck kw, Mar 4, 2022
    #2
    Oxbow, markk, beastr123 and 1 other person Thank this.
  4. Mar 4, 2022 #3
    bigguns

    bigguns Road Train Member

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    At 13% interest. Whoop. Whoop.
     
    bigguns, Mar 4, 2022
    bigguns, Mar 4, 2022
    #3
    Judge, Oxbow, markk and 1 other person Thank this.
  5. Mar 4, 2022 #4
    Last Call

    Last Call Road Train Member

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    I wish you best of luck
    ... No money down ..13% interest.. ??...I wasn't aware the Mafia was financing equipment now
    JMO .. but I won't be bragging about a financing deal like that
    I won't burst your bubble & tell you about how Timpte has had issues with the sub frame cracking
     
    Last Call, Mar 4, 2022
    Last Call, Mar 4, 2022
    #4
    Oxbow, Siinman, markk and 1 other person Thank this.
  7. Mar 4, 2022 #5
    Rubber duck kw

    Rubber duck kw Road Train Member

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    Is that mainly an issue on aluminum frames or steel too?
     
    Rubber duck kw, Mar 4, 2022
    Rubber duck kw, Mar 4, 2022
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    Oxbow and markk Thank this.
  8. Mar 4, 2022 #6
    Last Call

    Last Call Road Train Member

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    Iam not sure about the aluminum frames .. seems like everybody in my area run the steel sub frame.
    I'am a odd duck I have a Corn Husker 50' spread axle
     
    Last Call, Mar 4, 2022
    Last Call, Mar 4, 2022
    #6
    Oxbow and markk Thank this.
  9. Mar 5, 2022 #7
    Rubber duck kw

    Rubber duck kw Road Train Member

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    Well that's not what I wanted to hear. Been thinking I need to get rid of the hopper anyway once my stepdeck shows up.
     
    Rubber duck kw, Mar 5, 2022
    Rubber duck kw, Mar 5, 2022
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    Oxbow Thanks this.
  10. Mar 5, 2022 #8
    markk

    markk Medium Load Member

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    Triple is nice but not for what I do. Mine is dual but with front axle a drop.
    Trailer I rent now leaks badly, limiting my hauls when raining. So even though paying a big price it is still worth it.
    1500 to rent a 42 x 72.
    1270 plus more insurance etc to own 78" with factory warranty still on it and no leaking. Plus vibrators and no beat up hoppers from hauling rocks.
    I also found cash and equipment funding from Kapitus. They loan with lots of options if you make around 12 k or more.
    I'll be using that. Be some big bill coming up soon , I'm sure
     
    markk, Mar 5, 2022
    markk, Mar 5, 2022
    #8
  11. Mar 5, 2022 #9
    Last Call

    Last Call Road Train Member

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    I'am sure you take better care of your hopper than most the farmers I know that have had issues.. I like Timpte trailers if I was going to make my living pulling a hopper Timpte would be my weapon choice
    JMO but if you have any thoughts of selling it now is the time.. with Grain prices higher than a giraffe's ### and trailers being hard to find and farmer's walking around with cash in their pockets you could get a premium price
    Buy 1 back if you need it in 2 years for .50 on the dollar when Brandon takes a page out of Jimmy Carter's play book and imposes a Grain embargo and Grain prices drop like a bad habit
     
    Last Call, Mar 5, 2022
    Last Call, Mar 5, 2022
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    Oxbow Thanks this.
  12. Mar 5, 2022 #10
    markk

    markk Medium Load Member

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    Nov 14, 2011
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    It's high. That is personal loan no colatoral interest. But, it is quick, no down payment. They actually bought the trailer, in fact bought all 21 of them when told them where they were. They will lease em out.
    It cost me 1500 a month to ten a beat up Hopper. I pay for anything that goes wrong with it. So 1270 a month is still cheaper in long run. 4 years I own it for 1 dollar
    My rental would be 72,000 in 4 years.
     
    markk, Mar 5, 2022
    markk, Mar 5, 2022
    #10
    Oxbow, bigguns, Siinman and 1 other person Thank this.
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