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Full Maintenace Lease vs New Truck purchase.

Discussion in 'Ask An Owner Operator' started by TallJoe, Aug 24, 2018.

Page 5 of 7
  1. Aug 26, 2018 #41
    Dave_in_AZ

    Dave_in_AZ Road Train Member

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    Because drivers abuse them, and owners don't maintenance them.
     
    Dave_in_AZ, Aug 26, 2018
    Dave_in_AZ, Aug 26, 2018
    #41
    DirtyBob and larry2903 Thank this.
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  3. Aug 26, 2018 #42
    Tug Toy

    Tug Toy Road Train Member

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    Here is one I kept a picture of. This was in June 2017 truck paper. Someone that wasn’t looking a year ago would never believe it today. EAC89385-6412-4C07-980A-E73D623D7E76.jpeg
     
    Tug Toy, Aug 26, 2018
    Tug Toy, Aug 26, 2018
    #42
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  4. Aug 26, 2018 #43
    Dave_in_AZ

    Dave_in_AZ Road Train Member

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    I thought they would be '16's.
     
    Dave_in_AZ, Aug 26, 2018
    Dave_in_AZ, Aug 26, 2018
    #43
  5. Aug 26, 2018 #44
    Tug Toy

    Tug Toy Road Train Member

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    The green ones with the 13 spds ($99,900) were in truckpaper October 2017 I think?
     
    Tug Toy, Aug 26, 2018
    Tug Toy, Aug 26, 2018
    #44
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  7. Aug 26, 2018 #45
    Dave_in_AZ

    Dave_in_AZ Road Train Member

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    I know someone that bought 3, might have been 4, got them for 94 out the door.

    All are coming up on 250K to 300K miles with 0 issues, other than steer tires, and they went round and round about that, and the Goodyear rep finally knuckled under and gave them new tires.
     
    Dave_in_AZ, Aug 26, 2018
    Dave_in_AZ, Aug 26, 2018
    #45
    Tug Toy Thanks this.
  8. Aug 26, 2018 #46
    Dave_in_AZ

    Dave_in_AZ Road Train Member

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    Lone Mountain used to have in stock, NICE W900's, 579's ( I think, I get Pete's mixed up ), 780's, Cascadia's, all new, some heavily trimmed out.

    GONE.

    LOL

    Cupboard is bare.
     
    Dave_in_AZ, Aug 26, 2018
    Dave_in_AZ, Aug 26, 2018
    #46
    TallJoe and Tug Toy Thank this.
  9. Aug 27, 2018 #47
    TallJoe

    TallJoe Road Train Member

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    This is a serious indication of a future steep downturn. When? 1 year from now? Perhaps February of 2020? Lots of repod trucks to buy then. When the rates are lousy hard to convince yourself to buy anything, on the other hand.
     
    TallJoe, Aug 27, 2018
    TallJoe, Aug 27, 2018
    #47
    whoopNride and Tug Toy Thank this.
  10. Aug 28, 2018 #48
    whoopNride

    whoopNride Road Train Member

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    It's a ticking time bomb. Lol

    I predict by the time all these new trucks on back order become available. There will be some bargains to be had. Lots of people will change their minds. Lots will be broke and gone under...

    I have seen this movie before, quite a few times in fact in the last 30 yrs.
     
    whoopNride, Aug 28, 2018
    whoopNride, Aug 28, 2018
    #48
    TallJoe, dwells40, Tug Toy and 1 other person Thank this.
  11. Aug 29, 2018 #49
    TallJoe

    TallJoe Road Train Member

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    Now is the worst time to buy used trucks. Their prices will drop to mid 40s again when 2 dol a mile will become a norm again. If someone is determined to go for a new truck, then I don't think the price will drop too much. Only availability will become better. As a comparison, in 2014 I wanted a piece of pie too as the rates in 2014 were proclaimed as historically excellent and I bought my first and current truck for 55K at Arrow Truck Sales financed by Transport Funding at 15%.
    In 2016, I could've bought a similar 5 - year old truck with the same or even less mileage for 40K.
    Everybody remembers how lousy rates were in 2016...buying equipment at that time was so counter intuitive. But, If someone had the plan to expand their fleets with used trucks, that was the best time.
     
    TallJoe, Aug 29, 2018
    TallJoe, Aug 29, 2018
    #49
  12. Aug 29, 2018 #50
    IH Branded

    IH Branded Medium Load Member

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    Why don't you get a glider and have a shop you know and trust build the engine for you and have them ship it to the glider builder. I think that's what I'm going to do. Last 2 trucks I bought as lease returns at 300,000 miles and had lots of spendy things go wrong. I'm fussier than most and do all my own greasing and oil changes etc. I think how a truck is taken care care of in its first few years dictates it longevity
     
    IH Branded, Aug 29, 2018
    IH Branded, Aug 29, 2018
    #50
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