I got $40,000 to buy a truck. I've kept another $5K for taxes and diesel to transport it, and have a reserve for maintenance for the entire year June 08-Jun 09 at 0.13/mile average.
What in the world should I buy for that much? Please advise. I really listen and take advice seriously if there's years of wisdom and experience backing it up.
I need to get an 02 or 03 as that is "pre emission?", and I don't know what to spend it on. I need a truck that has 500-600K on it, even if there's a documented inframe done recently. I need to be able to drive it for 4 years before I sell it off at 150K each year. These are the ones I like the looks of at least but don't know much about their reputations.
Freightliner Coronado
Peterbilt 379
Peterbilt 387
International 9900i Eagle
Volvo VNL and 3 random digits I never get (the newer looking one)
What would YOU do if you were in my shoes right now?
$40K and I'm gonna do what they say can't be done
Discussion in 'Ask An Owner Operator' started by OneDollar95, May 5, 2008.
Page 1 of 8
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
what are you going to pull? If you pull a van then a nice t600 or one of the other aero trucks. If flatbed then aerodynamics is a bit less of a concern but a mid roof would be better then a cndo type setup. Personally with a flat or a tank I'd just go straight to a 379 or w900. I think the aero effect at that point is minimal anyways.
I'm partial to the pac car products (pete, kenworth) they hold there value better and if you are buying then that is a big concern. You go to sell an old freightliner and you have one of 10 million freightliners for sale and you will be lucky if they don't charge ya more to take it off your hands instead of giving ya credit for the heap. (can ya tell I'm not a freightliner fan?)
You should be able to get a decent truck for that in the years you mentioned. Try to find something that has been overhauled. MAny times dealers will take in a truck with thse miles and overhaul it before they sell it and that is a good way to buy -
I would have a crystal clear JOB for my purchase. And figure on the amount of money to turn a profit,ect. Go from there.
I have been there and done that sucessfully.I would go overboard for the blue one.Somthing would happen.Then I got a hard-on for the black one,and that deal falls through ect,ect.
If your like me you will know it when you see it in person.And will fork over your hard eared money for it. It will hurt -
BTW, while I got you here, are companies gonna raise their fuel surcharge pay, or are middle sized companies gonna get squeezed out? -
I did a 4 year projection with deisel at $5.00 a gallon, and it might be OK for just me and I could spare $0.19/mile for a reliable broker if I need one. -
as for companies who knows. there is lots of companies out there that are poorly managed. The trucking industry was real good for a few years there so even a monkey could keep a company together then. Now is when we see what they are made of. But on the plus side the more of them that go under, the higher freight rates will get.
I however feel that we are about to see the truck dealers do another great truck push. Essentially chap financing for anyone willing to sign there name since they are sitting on so many trucks. This wouldn't be good and is basically why we are in the predicament we are in now -
-
You might want to consider that getting insurance will be non-attainable or very very expensive for someone who has just received a CDL....
Why do wanna be starry eyed potential O/O's think they can put the cart in front of the horse................... -
Find a good company, get at least two years of experience. This will give you some time to find the type of hauling you will want to do. With that knowledge you will make a better informed decision on what truck you should buy.
Also, having that kind of money in the back as a new driver will help you over come the ups/downs in your paycheck. It will also provid a nice cusion to land on, should you decide trucking life is not for you. -
.19 a mile for broker fees. Dude seriously we all admire your ambition but probably 75% to 90% of the brokers out here don't even get out of their lazy boy for that!!!!!!!!!!!!!!!!!!
I don't know about Canada but down here without experience getting O/O insurance is next to impossible, if you are able to find it it'll be cost prohibitive.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 1 of 8