Buying used truck from large fleet?

Discussion in 'Ask An Owner Operator' started by PermanentTourist, Sep 28, 2018.

  1. PermanentTourist

    PermanentTourist Heavy Load Member

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    Well, I used to be a Werner driver, and if a truck had a problem I tried to bring it to the shop. Most drivers wouldn't ignore problems, they were afraid of getting in trouble if the problem gets real bad and ruins the truck because they didn't report it.

    The PM was a little less frequent than I would have liked for my own truck, about every 30k, but they did get on our case to get to a TA or terminal and get it done on time.
     
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  3. PermanentTourist

    PermanentTourist Heavy Load Member

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    Looks like they don't have anything for a while in the area where I need the truck, and I have a reliable driver ready to go in a week who won't be willing to wait for 2 months for their truck. So I think maybe I'll keep that option open for my 3rd truck, and go with Penske or big fleets for now. But I really appreciate your advise, I always wondered about those auctions.
     
  4. Jasonar15

    Jasonar15 Medium Load Member

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    No problem.
     
  5. Ridgeline

    Ridgeline Road Train Member

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    The reason they rotate the trucks at specific miles is not about what happens after 500k, it is all about deprecation and accounting.

    A lot of you guys are clueless to how they work, assuming that the same reasoning used in a single or two truck operation is the same with large fleets.

    Not a thing wrong with buying a truck from a large fleet. Do the Due Diligence like your supposed to do and be very picky. There are still more trucks trying to find owners than there is owners trying to find trucks.
     
  6. boneebone

    boneebone Road Train Member

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    Megas don't buy trucks from the manufacturer, they lease them on a 3-4 year cycle. By the time they're into the 3rd year, they're already ordering new ones for the next cycle and so on.

    The trucks that have excessive lease miles on them, the Megas keep them and sell them themselves or offer them to their drivers as a Lease/Buyout truck.

    Frankly I would stay away from a Mega company truck, most have been in accidents with extensive damage and repaired, most have had to be quarantined so a biohazard company could clean out all the piss bottles, bedbugs and roaches that were inside.

    Also Mega company drivers love to idle all day and night 24/7.

    Also most Megas do not give you service records with the truck.
     
    PermanentTourist Thanks this.
  7. PermanentTourist

    PermanentTourist Heavy Load Member

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    Lol, I'm not too worried about the biohazards. Replace bed bugs and roaches with copious dog hair and that's pretty much my truck.

    On a more serious note, if you think big carriers are a no-go, what would you recommend instead, and why? I need a truck within a week or so and I don't know any personal connections that I could buy a truck from. Also, I don't quite have the credit for a brand new one. So that's not an option. Any thoughts?
     
  8. boneebone

    boneebone Road Train Member

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    Like others have suggested, going to a equipment auction is a good choice.

    My friend bought a 2013 Volvo 780 with 700k miles for 25k at a auction. It wasn't perfect, needed minor things and tires, but the same truck at a dealer was about $45k.

    He's into now it for about 30k, but he still saved a ton of money vs. buying from a dealer.

    With any truck purchase, go over it with a fine tooth comb, if possible try to get a dyno and oil analysis test done.

    If it's a private party, ask for maintenance records. A common selling point in alot of ads is they say the engine has has a inframe, but when you ask them for the paperwork, they tell you they lost it, or the previous owner didn't give it to them.

    Heed to the old saying; Let the Buyer Beware.
     
    PermanentTourist Thanks this.
  9. jeffman164

    jeffman164 Medium Load Member

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    Not trying to be a pessimist but seems that A LOT of things ( $ ) could go wrong if you NEED to buy a truck within one week .
     
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  10. PermanentTourist

    PermanentTourist Heavy Load Member

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    Well, it's all a balance. When I run hard, I make $4000 -$5000 a week. If instead of a week I spend a month not running, poking around a bunch of trucks and doing all my due diligence and trying to find the best deal, I lose like 15 grand of income, not to mention the hotel and Rental Car expenses and the money the new truck could have been potentially making.

    And there is no guarantee something won't go wrong anyways, or that my new hire driver will wait that long even if I pay them a retainer.

    Plus, it shouldn't take much more than a week to explore all the used trucks in one area (dallas). Right now Werner and Shneyder have about five each available, Penske and Ryder don't have anything interesting, and all of the used truck dealers in the area frankly have terrible reviews. So basically ten Cascadias, one's got to be decent.
     
    Last edited: Sep 30, 2018
  11. Ridgeline

    Ridgeline Road Train Member

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    Opportunity costs.

    Not all megas lease, the commercial leases don't have mileage limits on them and those who purchase do so and release the trucks out of the fleets when the accountants tell them.
     
    redoctober83 Thanks this.
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