Where the Hell are you buying parts from? I've overhauled engines for 20k with labor at a dealership.
Financing for older truck engine rebuild.
Discussion in 'Trucker Taxes and Truck Financing' started by W900AOwner, Jul 30, 2015.
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Every place I've discussed this option with from Pittsburgh Power to up my way to Montreal, Qc. all come in around the same figure at about $26K just for the motor alone, then you have your incidentals yet, and don't forget labor. -
True, man that's a hefty price tag.
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No doubt...I bought this truck off Craigslist exactly 1 year ago now for a couple reasons; #1, it was pretty stinking reasonable, #2, it was a square, decent looking truck and #3, it already had a brand new product pump and compressor for chemicals that I needed to put on anyways, which saved me about $8K in that alone. I was able to go right to work the next day after I bolted the plates on because of the pump alone.
I wasn't doing backflips and cartwheels over it having this ISX, but it is what it is and I'm completely satisfied with the power it makes once you put the coal to her. It's a first gen 565 non-egr and man, does it walk up and over the mountain.
It's just the reality now of the rebuild/replacement cost of that ISX. I will keep this truck until I tip over in about 12-15 years, as I've rebuilt it from the front bumper to the mudflaps already and it's in perfect shape for a 2000. I sometimes wish if I had to be stuck with a Cummins for whatever reason, it had an N-14 550, but again...it is what it is. I'll get through it. -
Do you know a good mechanic? A guy I used to work with bought all the parts to overhaul his ISX for $13900. He paid his friend, who is a mechanic for a highway construction company, $3500 for his labor and they overhauled his truck Labor Day weekend.
But to your original question, like others have said go for a line of credit instead of trying to get a loan for the single reason of buying a crate motor. I work 100% with my local bank back home. We have a line of credit for truck stuff as well as an operating line of credit for cow stuff. We just go in a few times a year and have a sit down with the president of the bank to touch base on how things are going and what will be coming up in the future.icsheeple and W900AOwner Thank this. -
Just a thought, but have you checked with Cummins shops directly to see if thy might have a finance program for rebuilds. I know Cat had one going this year and there were plenty of guys that took advantage of it. Good Luck
W900AOwner Thanks this. -
Long FLD; I know what you're saying and it's a good option for some, but I'm more of a long-term minded guy in that I want to do this ONCE and never have to deal with it again until it's time to get away completely. The work/customers I do requires a pretty reliable truck, and the area I am in is demanding to put it mildly with 12% grades to pull in both directions daily, lots of pulling and braking in this region...so it's tough on the equipment. Plus I want to get everything all changed at once like the air compressor, water pump, oil cooler, turbo, etc. so it's all freshened up and has some sort of limited warranty for what they're worth nowadays...so that's the reason for wanting to do a complete new recon motor vs. just an inframe. By the time I did an inframe alone, then added all the stuff I just mentioned plus all the other things while I'm at it, it would be more than the price of a recon after I was done. No sense in doing all that and not freshening up the clutch and flywheel...I can hear a little clicking going on now and then when I come into the throttle lately, sounding like the input shaft and clutch are getting a little wear...bigger HP tends to eat things like that up no matter how easy you are, and I'm not the original owner of this thing so it's got some previous wear.
I got it to behave itself for now by changing thermostats and flushing the coolant sysytem, so all I do now is keep the oil pan full and that's a heck of a lot cheaper than a crate motor for the time being. $100.00/month in oil vs. $30K is much easier to deal with. Who knows, it may last me the entire time I want to keep going, so for now, it's working. -
If you don't already know google "rawze". A lot of info on the isx most of it egr and dpf related,but some applies to non egr.
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I'll throw you a curve. How about finding a good used tired engine and rebuild it a little at a time if you have a place to do it and someone to do it. I would also consider switching over to a Cat. I know all about the Cat scenario but it might be something to consider.
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That's a tough conversion nowadays, going from an ISX to a Cat. Wiring harness, ECM... it's not as easy as you think. It's not like 30 years ago when you could swap out a Detroit for a Cat or Cummins by just changing the motor mounts and exhaust anymore. By the time you buy the wiring harness to do a Cummins to Cat conversion, you'll be just about broke.
I don't need to do anything anymore, I got it under control now after a little creative tinkering. That's what "outside-the-box-thinkers" do. If I depended on the standard operating procedures that the system provided me with, I'd have been hung already. Not the case.
I like my other truck with a throttle linkage better anyways.
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