Signed papers on a new 53' Utility dry van...

Great interest rates. I've got great credit and my bank hits me with 7% or so, but I always buy used. Might be the difference.
I don't see how the lease purchase guys make it. They've got go work two weeks every month just to cover payments and fuel before they get anything for themselves.

 

Local banks are great. The last two I bought just called my officer on the phone and he said to fax him the bill of sale. Pretty nice.

 

Sounds pretty cool, I'm not a truck owner operator, but I am a limousine/liver car service owner and while I just buy my equipment flat out (used don't used loaned money) I know how to line item pretty much all expenses.

I don't really have any interest in being a truck owner operator, but I think I could do it, I mean I calculated exactly how much it cost per mile at one point in time just on the tires. It's not that hard really you figure tires cost what ever and they last for 100,000 miles that means divide that cost by 100,000 and that's your tire cost per mile. So on and so fourth.

It sounds to me you have a pretty winning set up there $475 a month for trailer payment sounds pretty reasonable to me. What does a dry van trailer cost brand new? I know there's different options and models even for a dry van, but what's a basic 53' dry van trailer cost new $40-$60K somewhere in there? I would

My dad used to be an owner operator and they had 2 tractors and 3 trailers all of it was used stuff my dad said used trailers really aren't all that expensive well let me put it this way there cheaper to buy then tractors ha-ha!

Anyhow sounds pretty good to me.

 

Top of the line Hound you can get for $28K to $32K with air sliders The Hound is the best, not the TOP Hound trailer.
A nice Hyundai with air sliders $23K

The guy I was leased onto, 2015 Hyundai $100 week.
$2500 month for a tractor & $850 month for a trailer, somebodies been at the bong water again.

 

That's what dude paid for his, actually $22K. And there are several people on here that post about dry van purchases. One guy got a new Great Dane, sliders, skirts $28K, that's a great deal. Those were 2015's the way the market is they couldn't have gone up that much.
There's lots of small to medium companies in Iowa that turn there dry boxes every few years for some reason
( salt?) and you can get a nice used van 2012ish, 2010, for in the neighborhood of $12K to $14K.

I was miffed cause I had to pay $100. Basically that's 208 weeks X $100, that pretty much covered the purchase for him, they paid the maintenance, the Hundo covered the wear and tear. My agreement was 80% line haul, my own tractor. I'm sure he made more than enough off the top to more than pay for that trailer.
$850 month? That's some HUGE balls just to ask for that. I had friends & family riding me pony at a party for paying $100. It was a very nice trailer though.

I talked to McKinney & everyone else. Glad you bought your own. That was one thing holding me from getting my own numbers, cause I thought that's just too much for a trailer, plus they gig you for wear. So save, save, save.