BUYING A TRUCK FROM PENSKE

If you’re going to buy a Penske truck, buy it at a Ritchie Bros auction. They’re far cheaper, usually come with maintenance history, and it’s an absolute auction unlike Adesa so highest bid wins. None of that reserve nonsense. Here’s a pic from my watchlist of past auctions. These were Penske trucks.

 

Hmmm interesting but can you finance thru richie bros like you can from Penske? Yaya i no for less than 20k ta shouldn't have to finance. But that's not the question.

 

I was very, very seriously considering a used Penske truck for my first. Lot# 637608 as a matter of fact.

2012 Cascadia condo, 10 speed, 722,000+ on the clock.

I wanted it because it has a newer engine (DD15 Long Block, under 200,000 miles on it according to the website). Unfortunately, the truck won't work for my operation. It's just too danged short on the wheelbase, and the sleeper is huge (72 inch). I'm a flatbedder, and I need more space between the back of the tractor and the front of the trailer for a headache rack and cargo overhang.

It does, however, look to be a great truck for dryvan/reefer operations. Matter of fact, I think it used to be a reefer runner for an outfit close to home.

Penske is asking $29,000 for it currently. Last week the price was $32,500 I believe. Sitting in Freedom, PA, not too far north of Pittsburgh of I-79. Go take a look.

Only reason I'm putting it out there is, again, it won't work for my operation. Oh, and it has super singles, which I'm not a fan of. But for that price, converting over to duals isn't that difficult or expensive.

 

Yes they have financing. You can apply online or call them. Do it before the auction so you’ll know how much you qualify for and bid accordingly. Keep in mind that everything is sold as is.

 

I didn’t know Penske had financing, I had to shop my own, which I normally do anyway, when I bought my trailer

 

My experience with Penske was better than Ryder, but that doesn’t mean it didn’t get beat up by whoever had it on lease prior to being sold. I guess you could find a good one anywhere with a little luck but I would rather buy a used truck from somebody who ran it themselves and gave a rip about it.

 

I’d stay away from any rental trucks. Drivers just run them into the ground because it’s not theirs. I would recommend a truck from an owner/company that properly maintains the equipment, governs the truck speed, and uses APUs on their trucks (less idling and engine hrs). These trucks should be in better shape.

 

Yep, pretty easy too.

 

Probably have to take a open credit line with you, most auctions are cash on the barrel head.