Help, think I’m going to buy a truck....read all the negs about L/P

Discussion in 'Lease Purchase Trucking Forum' started by the_3_bears, Nov 1, 2019.

  1. the_3_bears

    the_3_bears Bobtail Member

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    Ok, I have never posted. I’ve been lurking on the board for 4 years reading all the negative remarks on a L/P. Did a lot of research and saved $15k for a down with $10k reserves. I found a truck, 2010 VNL with a D16. Payment will be $1,740 a month for 39 months. Got a 350k mile warranty on engine. Just had its overhaul done at a cost of $32k. Truck has 600k on it. Tranny, and other major running parts, 2 year/250k warranty with a $300 deductible and no fee to diagnose. Virgin rubber...yada yada. I know I’m good for at least 3 years...without a major expense. I do have an exit strategy for the truck...and no it’s not wrecking it or having it stolen. I live in Cali and the ARB will want it in 2023. Truck has 120inch ARI on it. Weight is 22k.

    who would you lease to? I have 2 years dry, 2 years flat/step. I don’t like to tarp, but like the Conestoga trailers. I have 6 months refer and will NOT do that ever again! I would like flat/step without throwing tarps every day. I’ll throw them 2 or 3 times a month....

    next, I’ve read a lot about the D16 being a pig and mechanical issues. Mine is the 500hp with ishift. So, do I pass on that engine or do I go for i
     
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  3. magoo68

    magoo68 Road Train Member

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    Price seems way too high.. Also if so much work was done with only 600 k on the clock I have to wonder if it was driven hard or just a lemon
     
  4. MysticHZ

    MysticHZ Road Train Member

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    A truck 10 year old with only 600k on the clock? That indicates a truck that's been babied ... But yet it needed a rebuild.
     
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  5. singlescrewshaker

    singlescrewshaker Road Train Member

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    Double post. This is in the Ask an O/O section too..

    Sorry no one is telling you what you'd like to hear. That truck has bum deal written all over it. Find something else.. I'm not trying to be mean. These fellows are giving you their honest opinion & yet you seem deadset on going forward anyway..

    If you do decide to press on with this deal, I sincerely wish you luck..
     
  6. Eddiec

    Eddiec Road Train Member

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    You already know that the D-16 was a problem motor. Add to that it is a 10 year old truck with 600K miles that needed a rebuild.

    Paying almost $83,000.00 for a 10 year old truck does not sound like a good move from a business perspective. I get the large sleeper - but you should go to Truck Paper, and spec a truck to fit your needs, and see if you can find one that is newer, with factory warranty and lower miles.

    I found 31 on Truck Paper using the following parameters

    • Nothing older than 2016
    • Miles under 310K
    • 500 Horsepower or more
    • Sleeper of 70" or larger
    • Asking Price of $85K or lower
     
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  7. the_3_bears

    the_3_bears Bobtail Member

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    Ok guys, thank you for the advice. I’m going to pass. Newer truck makes better sense...thanks for the honest input.
     
  8. Tx Countryboy

    Tx Countryboy Road Train Member

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    Some decent gliders out there too.
     
    singlescrewshaker Thanks this.
  9. singlescrewshaker

    singlescrewshaker Road Train Member

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    California based.
    He needs a CARB compliant rig. :eek:
     
  10. Tx Countryboy

    Tx Countryboy Road Train Member

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