Truck prices are in an anomaly right now tho. In 4/2020 you could get a 400,000 mile 2016 Cascadia for 25K. Who knows tho these could be the new normal prices for everything.
5 Year Contract in Exchange for a New Truck
Discussion in 'Experienced Truckers' Advice' started by Lohse, Jul 1, 2022.
Page 2 of 5
-
Lohse, Another Canadian driver and Boondock Thank this.
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
jamespmack, Lohse, Another Canadian driver and 1 other person Thank this.
-
The day you sign that contract, is the day you become a indentured
Servant to him for 5 years.
He knows that.
No more buddy, buddy stuff. It's strictly business.
As long as that truck is in his name,
You better not piss him off.
Your relationship before you sign the contract is gone.
Now you have to pay all the bills.
Completely different attitude -
Yeah, not sure how I feel about this. What's his angle? I don't know what your relationship is with your boss but people don't just give away trucks. Brand new trucks are stupid expensive today, even the cheapest build is expensive, let alone a w990? Even in 5 years with 500k miles that truck could still sell for $100k. What does your boss get out of this deal? He's not doing this just to be nice ...
-
So basically you'll have a truck that is out of warranty and ready to be all sorts of work needing to be done on it. Dumb.
Another Canadian driver, Boondock and ZVar Thank this. -
In today’s world, I’d be leery of committing to anything for five months let alone five years.
Another Canadian driver, Boondock and jraulpilot1998 Thank this. -
( An Old poop here, retired 2020/ Vet/LEO/Trucker of 20yrs)dwells40, Lohse, Another Canadian driver and 1 other person Thank this. -
Badmon, Another Canadian driver, Boondock and 1 other person Thank this.
-
Forget about the truck for now. How is he going to pay you? You are doing a lease purchase. Who pays for the truck expenses? Fuel? There’s no point in getting a truck free and clear if you have to starve for half a decade.
@D.Tibbitt, can you give OP a hand negotiating a workable deal?jamespmack, Lohse, D.Tibbitt and 4 others Thank this. -
If you are going to "retire from trucking in 3 to 5 years", why would you need a truck after the contract is up?
Just curious. You do you.Lohse, Another Canadian driver, Boondock and 3 others Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 2 of 5