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HELP!!! Frustrated :-( in San Antonio

Discussion in 'Ask An Owner Operator' started by TBLNO123, Oct 22, 2015.

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  1. Oct 22, 2015 #1
    TBLNO123

    TBLNO123 Bobtail Member

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    Oct 22, 2015
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    My husband is TRYING to become an O/O, but there seems to be so many barriers. I thought getting the truck would be the biggest problem, but it's not. He can take possession of his new $130K truck at anytime now. The problem is we can't find anyone who would work with us on getting a dry van. We both have credit scores between 650 - 675 and we are able to make a reasonable down payment. The problems we've been running into is: lots of $$$$ for used trailers, ex: 2004 Wabash, $13 - $16K. Most of the trailers we have looked at has lots of rust, you can see daylight through the roof with the doors shut, poor wood flooring, oh too much stuff to name...and then these companies want 40% - 50% down. What's wrong with this picture. If we put this much money down, we could just take that money and purchase a trailer outright. How is it that we can get approved for new truck, but can get a $20K decent trailer? This is what's frustrating. Can anyone please point me in the right direction to get a reasonable DOT certified dry van? My husband and I can't keep taking hard inquiry hits to our credit. I am at my wits end. Please help! Thanks!
     
    TBLNO123, Oct 22, 2015
    TBLNO123, Oct 22, 2015
    #1
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  3. Oct 22, 2015 #2
    lots of character

    lots of character Road Train Member

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    Those dings to the credit sucks hard.

    Maybe lease a trailer? Just to get going. That's what I'd do
     
    lots of character, Oct 22, 2015
    lots of character, Oct 22, 2015
    #2
  4. Oct 22, 2015 #3
    Chinatown

    Chinatown Road Train Member

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    Pull someone elses trailer until you get some cash saved.
    Farm2Fleet can probably use you.

    Friend of mine bought a 53' dry van at a farm auction for a couple thousand dollars. Put some decent used tires on it and it passed DOT inspection.
    Like you, he was looking for a used dry van that he could afford and saw that one in the paper listed as farm equipment at a farm auction. He said no one was really interested in bidding on it because they were more interested in real farm equipment.
     
    Chinatown, Oct 22, 2015
    Chinatown, Oct 22, 2015
    #3
    Straight Stacks and Cottonmouth85 Thank this.
  5. Oct 22, 2015 #4
    stevez57305

    stevez57305 Medium Load Member

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    Like the others said you have a truck so find a carrier with trailers that need power only units. Save up and then you can get that pretty 2016 and get alot more out of it
     
    stevez57305, Oct 22, 2015
    stevez57305, Oct 22, 2015
    #4
  7. Oct 22, 2015 #5
    rollin coal

    rollin coal Road Train Member

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    I sold a 2005 for $9,000 a year ago. I saw the same sort of high prices you saw on used trailers but no-one was interested in mine when I had it priced like that. I don't believe they are selling for that in the real world but even so I think you're better off buying brand new. But I hope you folks have some dependable work lined up for this venture. Otherwise you're going to go under really fast if your plan consists of booking loads off load board freight with shiny new equipment & MC#.
     
    rollin coal, Oct 22, 2015
    rollin coal, Oct 22, 2015
    #5
    Straight Stacks, truckon, double yellow and 2 others Thank this.
  8. Oct 22, 2015 #6
    stevez57305

    stevez57305 Medium Load Member

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    Try sfi finance they may have something in your price range. Maybe not the yr but you may find something to get the job done
     
    stevez57305, Oct 22, 2015
    stevez57305, Oct 22, 2015
    #6
  9. Oct 22, 2015 #7
    Ruckie

    Ruckie Road Train Member

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    try leasing one theres a company in the northeast that leases used trailer for about 500 dollars and unlimited miles I think the down payment is 2000
     
    Ruckie, Oct 22, 2015
    Ruckie, Oct 22, 2015
    #7
  10. Oct 22, 2015 #8
    maxya1986

    maxya1986 Light Load Member

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    Feb 17, 2015
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    Don't lease a trailer. Lots of companies will give you trailer if you will work with them.
     
    maxya1986, Oct 22, 2015
    maxya1986, Oct 22, 2015
    #8
  11. Oct 22, 2015 #9
    wndrwtr

    wndrwtr Medium Load Member

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    Mar 12, 2007
    Texas
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    Fleet Equipment • Memphis, TN 38118

    Not sure on phone number picked up one there for a company out of KY..dunno what they paid for it..Do know that they are getting 500 hundred dry box trailers from Tango and 100 flat beds..or so I was told by fellow that runs the place...good luck!!
     
    Last edited by a moderator: Oct 23, 2015
    Reason for edit: No phone numbers
    wndrwtr, Oct 22, 2015
    wndrwtr, Oct 22, 2015
    #9
  12. Oct 22, 2015 #10
    Bakerman

    Bakerman Road Train Member

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    Phoenix, AZ
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    Desert Trailer in Phoenix
    $2500 down & no rust on these AZ trailers in good cond
    You can pick up a used one out of their rental fleet for about $16,000 to $20,000
     
    Bakerman, Oct 22, 2015
    Bakerman, Oct 22, 2015
    #10
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