When I went independent and bought my 2003 Columbia for $10k, that same truck is costing around the same $$.I wonder why the resale value is constant.I understand back then, people were loosing their trucks left and right.Even a 2000 Century I bought in 2012, is now going for around $12.Is this becasue of the non emmission trucks are now in more demand?.The freightliner Classics are through the roof.smh
Anyone who why older trucks are costing soo much?
Discussion in 'Ask An Owner Operator' started by henboy1, May 15, 2018.
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Those trucks don't have all the emission garbage we have to deal with on these newer trucks. Some owners going back to those trucks, they are easier to work on, Cheaper parts, and maintenance. Easy to find someone to work on them. Supply and demand. Anything in demand the price tends to go up
OLDSKOOLERnWV, singlescrewshaker, rabbiporkchop and 1 other person Thank this. -
The ELD mandate is driving pre ‘99 Trucks through the roof. Also repair costs and down time of new trucks are also driving older more reliable trucks up. I’ve been watching the market for some time now, and even parts prices are out of this world. Cutoffs that used to be $3-$5k are pushing $8k plus. Guys are buying old trucks for $10-$20k and dropping $30-$40k in them to have a reliable cost effective ride. Even New gliders are $150k if spec’d Right. And if you think used truck prices are bad, look at used trailers right now. Late model dry vans for example are bringing close to new Trailer prices.
Problem is, I don’t see the ELD exemption of pre ‘99 Trucks lasting more than a couple years. I hope it does, but I don’t see itGirlFriday76, davidl, stwik and 1 other person Thank this. -
Old Iron has good value because of none of that current computer and emissions crap.
I can get into a 2000 century or a 1993 FLD 120 right now and be rolling with a load that pays just as good as any 2018 land yacht tractor overloaded with computer crap today.
As long the exemption remains, those old tractors will have their value. The minute the United States bans those pre 99 iron, that's that. And they would be worthless because you would not be allowed to use it in commerce.
I look at it this way.
If you look over the cars built before say 1976 or so. All of them were individuals. Good power, good personality, good engines and so on. Modern post emissions cars today are becoming nanny mobiles not allowing you to do certain things with it and all the engines whine like a weed eater and choked with emissions crap.
I drive a older vehicle on purpose even thought it's cost more shop time for however little or much I drive it. It needs some TLC. It balances out. It literally has a analog computer in a box that decides fuel mixture only based on information from engine and the exhaust convertor sensors. Nothing else.
There are times it's expensive. When compared to the ex's car, we already sunk 4000 dollars in dealer shop work just this year alone, replacing derated engine problems and a number of other really serious issues. It's only 11 years old for crying out loud. Plastic junk. We have another 400 to 1000 to go before it's 100% maintained. Ugh.
The tires alone for winter that's coming will run about 800 for her and about 1200 for me. Quality tires too. Mine will have the option to take studs against ice versus having to chain. So there is a box of studs ready to put on them when the time comes. That's why they cost so much for mine. Hers has double A traction rating and nitrogen. We already have done battle on ice and a certain limited amount of slush and snow with it. But anything more than that we stay home. Or break out the old 4x4 and head out.Last edited: May 15, 2018
henboy1 Thanks this. -
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I'm also seeing more old rigs being towed out here . Along with older equipment comes costly repairs and maintenance. You're gonna sink some money into a older rig make sure you have tools , the know how and wallet to play in that league.
bryan21384, Tb0n3, x1Heavy and 1 other person Thank this. -
OLDSKOOLERnWV, ibcalm19 and x1Heavy Thank this.
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Kinda like this?
2000 Volvo Vnl 770whoopNride and magoo68 Thank this. -
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We drivers of older trucks don't have the $10k+ repairs to the DEF system when it goes down and Johnny the Parts Changer says "this part is bad", "Well, wasn't that. It's this", "Well, it wasn't that either, let's change this part and see what happens".
GirlFriday76, TGUNKEL, whoopNride and 13 others Thank this.
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