Anyone who why older trucks are costing soo much?

Discussion in 'Ask An Owner Operator' started by henboy1, May 15, 2018.

  1. Ridgeline

    Ridgeline Road Train Member

    18,306
    80,353
    Dec 18, 2011
    Michigan
    0
    Disagree.

    Futures are emotionally driven, spot markets are more related to reality.

    oil is a good example, when there is an issue in the Middle East, futures respond even though it may be not a factual issue.

    However the market for used trucks only seem to show asking prices, not actual sales prices but the asking price. Unlike the real estate market, we don't see the two important indicators to analyze the data - length of time on the market and the actual sale price.
     
    Justrucking2 and rank Thank this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. spyder7723

    spyder7723 Road Train Member

    15,442
    24,712
    Mar 31, 2013
    sarasota, fl
    0
    What you are describing is called a glider. Its a brand new truck with an older rebuilt engine and transmission put in it. Another option that's very viable for a person that doesn't mind doing some work and has the spare time is getting an old truck with the big sleeper and rebuilding the cab/ sleeper and suspension while working the current truck, then when everything else is done swapping the engine and transmission in.
     
    rank Thanks this.
  4. spyder7723

    spyder7723 Road Train Member

    15,442
    24,712
    Mar 31, 2013
    sarasota, fl
    0
    I think emotions play a big tinge in driving truck prices up. Every time rates go up due to tight capacity, every tom dick and Harry buys a truck driving truck prices up thinking they are gonna syringe it rich. when enough of them do this capacity loosens up driving rates back down and 98%of those same guys get back out of the market. They got into the business due to an emotional decision, not a business one based on facts.
     
  5. davidl

    davidl Light Load Member

    72
    58
    Jul 21, 2014
    Ohio
    0
    Depends on your contract. Its called negotiations, you'd be out of your mind if you seen the rate that $600 truck moves for and don't forget the check I gave them when I first signed the contract was 5 digits. Don't say no way and assume everyone is not telling you the truth and until you really know you know nothing.
     
  6. rank

    rank Road Train Member

    9,823
    110,622
    Feb 11, 2010
    50 miles north of Rochester, NY
    0
    pics or it never happened
     
    nax and spyder7723 Thank this.
  7. davidl

    davidl Light Load Member

    72
    58
    Jul 21, 2014
    Ohio
    0
    Pics of what? Excel? Invoices?
    ???
    Why would you even ask? Are you trying to get free business training or what?
     
  8. Armatus

    Armatus Light Load Member

    75
    38
    Nov 2, 2017
    0
    yes
     
  9. rank

    rank Road Train Member

    9,823
    110,622
    Feb 11, 2010
    50 miles north of Rochester, NY
    0
    Pics of the lease contract, transport contract and the 5 digit check.

    I also assume everyone is not telling the truth.....including you
     
    Last edited: May 19, 2018
    spyder7723 Thanks this.
  10. Cybercat

    Cybercat Medium Load Member

    605
    554
    Oct 17, 2014
    East Tn
    0
    Spyder we have a glider now. My question had nothing to do with what were doing I was trying to get clear idea what Boosted was doing. What we have is an 05 body with a 89 engine. Sorry for confusion.
     
  11. spyder7723

    spyder7723 Road Train Member

    15,442
    24,712
    Mar 31, 2013
    sarasota, fl
    0
    An 89? What is that a b model cat? Ddec2 or big cam cummins?
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  • Draft saved Draft deleted