trailers buy or finance

Discussion in 'Trucker Taxes and Truck Financing' started by snowwy, Apr 14, 2013.

  1. Pedigreed Bulldog

    Pedigreed Bulldog Road Train Member

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    Not saying you do. My truck rolled off the assembly line 13 years ago this June. The trailer I'm pulling right now, though, weighs a full 1/2 ton less than the trailer the older trailer I had been pulling that the carrier decided to sell. I get paid by the ton, so that's 1/2 ton more paying freight I can haul. This new trailer is also much more aerodynamic than the last one, so I've seen a definite bump in my fuel mileage. It also has a much lower center of gravity, making it more stable and less top-heavy while going down the road or dumping off. Other than the weight of the load I'm carrying, I can't even tell the trailer is back there most of the time...where with the older trailer, I could always feel it behind me.

    There are benefits to running newer equipment, just like there are some benefits to running older equipment. I like this new trailer...makes me more money than the old one, while at the same time costing me less money than the old one. My truck, on the other hand, I like the fact that it doesn't have all of that emissions crap on it, and it is easy to work on.
     
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  3. MNdriver

    MNdriver Road Train Member

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    what do you run for a trailer?
     
  4. FLATBED

    FLATBED Road Train Member

    Yes but if he needs a flatbed the reefer is not much use regardless of the $
     
  5. Pedigreed Bulldog

    Pedigreed Bulldog Road Train Member

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    Right now there's a 2011 Vantage S85SS with an electric roll tarp and a liner sitting in the driveway...much more trailer than I could afford with the 2% of the gross they'd pay me to pull my own trailer.

    It isn't the only kind of trailer I pull for them either, though. Just yesterday I bobtailed up to the yard to grab a pneumatic tank and cover a load for another driver who was experiencing mechanical difficulties and couldn't get it done. I've also pulled dry box freight for them, and almost had a liquid tank load if I hadn't let my HM endorsement expire (I rarely used it...not enough to justify the hassle or expense) and they've got a few skateboards, some side dumps, and maybe even a lowboy or two running around, too. I'm one of the few trucks in the fleet that is capable of a simple drop & hook and be able to run any trailer they've got....and the ONLY O/O truck set up like that. Keeps me busy when others are sitting, and I'd lose that versatility if I were to buy a trailer since they won't adjust your pay rate for individual loads and they certainly won't pay you that extra 2% when you're hooked to one of their trailers.
     
  6. danwantstodrive

    danwantstodrive Light Load Member

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    Any where to buy a trailer (or lease) with not so good credit? Not talking about renting or leasing from a carrier, but an actual trailer dealer and trailers in my name.
     
  7. MNdriver

    MNdriver Road Train Member

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    got this in my email today.

    I am seeing a greater revenue earned than what they are saying you'll get.

    http://www.overdriveonline.com/pull...04-15-2013&utm_campaign=OVD&ust_id=53fbae8a59

     
  8. carrkool

    carrkool Heavy Load Member

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    I would not touch that trailer you linked to much for such a heavy trailer and an all wood deck common that's just asking for it....with flatbeds its not like refeer or dry van...I can buy vans all day here around pa for 4 to 6 grand in very nice shape. buy a flatbed for that price or even up to say 10 grand and your looking at tons of work needed...thinks like deck replacement re arching frame repair and spring hanger repairs on a spread. so yea with flats I try to upgrade once in a while...when the deck starts to look flat a new one is comin home.... my 13 rit cost me 46500 and worth every penny...trying them out as they seem to last longer and if you are looking at used or older I would try them....also try and stay light...all alumin flats are great combos ie steel frame alum deck suck. and I wont every try another transcrack...lol
     
  9. Oscar the KW

    Oscar the KW Going Tarpless

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    If you lease any type of equipment thru a leasing company the title will be in their name not yours.
     
  10. danwantstodrive

    danwantstodrive Light Load Member

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    Well you know what I mean.. I want to get my own trailer with either finance or lease so I can do what I please with it. Example; I lease on to land star and have my own trailer and decide to leave and lease on with someone else or go independent, that trailer stays with me, not the company.
     
  11. FreedomTruck

    FreedomTruck Bobtail Member

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    Do you own your truck outright? Many lenders will lend on a trailer with collateral even with spotty credit (plus, its easier to recover a truck than just a trailer).

    If not, who is your truck currently financed through? If its a traditional finance source, they may be willing to re-write the note to include both pieces of equipment (again, your less likely to walk away from your truck than a trailer if times get tough), which could also help get you over the credit hump.
     
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