If you had $70K to start on your own would you buy outright or finance?

I prefer not to have payments. I don’t mind Paying monthly on insurance if needed but would be nice to buy outright and pay all insurance for the year up front.

Would you go older and avoid emissions? If you do will that limit being able to lease on with a carrier like landstar etc. and relegate you to spot market only?

I already have the money saved but I would not do anything probably for at least another year.

So if you bought outright what would you get? model, year, engine?

I do lean towards the 379, 389 W900 style trucks

thanks all

 

Is anyone ever really ready? I am definitely not at this point, somI agree with you there. May never be. I will turn over every stone before I make a leap of that sorts. I know #### well I am not going to lease a truck from a carrier thinking I Am going to get rich quick. Nor do I think I would jump into O/O and start rolling in dough. I don’t even have a mentor in that area at this point so I am in the beginning stages.

There is a reason for me mentioning those particular trucks. Not necessarily that they are a must have but they do tend to hold decent resale value as compared to some others. I’m 54 years old. I won’t be doing this forever. One day I plan on not doing a #### thing lolol. I have Done and would do my own PMs and I want ease of maintenance. The heavy stuff will be for shop. PMs etc will be on me at my home or at my friends shop (lifelong diesel mechanic. And he would tell me go non-emissions but he is not a driver). I want to have accessible parts also. I am definitely open to insight or suggestions.

So if I get into a non-emission older truck what would you recommend? Finance a newer one with emissions or pay outright for a newer one and deal with the emissions when it happens?

what are you running? Newer financed truck? Older paid off truck? One on emissions or not? What is working for you?

Thanks

 

I would love to but things are changing and I am fiscally conservative. Have to have money to make money and I don’t want to be in a relationship with a financial institution. This is not all I have saved. This is what is available and leaves any overhaul cost or even heavy unexpected maintenance covered as well as more than enough to live off for 6 months if the shat hits the fan.

I have near zero debt. House payment and an almost paid for POV. My wife brings in more than enough for us to live off of as well.

 

I know that would not buy anything close to new.

This is not all I have saved. This is what is available and leaves any overhaul cost or even heavy unexpected maintenance covered as well as more than enough to live off for 6 months if the shat hits the fan.

I have near zero debt. House payment and an almost paid for POV. My wife brings in more than enough for us to live off of as well.