Is buying used the best Option?

Hi all. Ive posted a similar post on here before and I was reading alot of different post on here about used trucks if starting your own authority. My question to all. Is it really a good idea for such as a first time owner op like me to do so or should i purchase a new truck.

I ask because a friend of mine who teams has his own truck currently with panther and is under a lease. He has always suggested too me to get a new truck if i start. Reason is his saying "convience outweighs the cost". Im only 24 with no kids and live and help out with bills at my grandparents house. However with the plan i currently have now i dont think a new truck is in the books for me due to the high cost for one.

Currently i have 25k saved in the bank for maintenance tires hotel and fees to drive to orientation. I have a appt with wells fargo this weekend too see if i can open a line credit with them. I have a outstanding account as my car is financed with them. I never missed a payment never have been late and my credit score has built up to the upper 600s from that. I am currently unsure how much i would be able too receive however im guessing of a estimate of 75-100k.

Im still working out the cost which eventually ill know for sure what that numbers will be after i have an idea how much per month i would have too spend with wells fargo as well as other factors. I plan on doing OTR all 48 states and so far this is what im estimating so far.

Truck Payment 1700/month 425/week
Maintenance Escrow 1296/month 324/week
Personal bills 950/month 237/week
Insurance??
Base plates and permits??
Taxes??

Total
990 (rounded number) per week in expenses
4000/month

Again some of the numbers I'm still trying to solve which is why i have question marks on insurance plates and permits as well as taxes. Currently my plan in terms of how i will run is too most likely stay with the company i am with or move or to Schneider choice board so I will be running under a company and most likely running all 48 (except for cali if i get a glider).

I was looking recently at a 2014 Cascadia DD15 with a 10spd Low mileage 16000k. Previously in a wreck salvaged and rebuilt. It did however shy me away from it do to the few months remaining of factory warranty.
So really my question. Is buying a used truck worth it.

 

Not so well when it comes to diesel mechanics. I am able to diagnose a few electrical fuses replace wiper blades and check and fill fluids. Anything else major like replacing a water pump or air compressor is something i wouldnt know where to begin.

 

Fuel cost i forgot too mention would be $700-1000per week depending on on MPG load weight and terrain so an total is 1700-2000 per week. Sorry forgot too add it in.

 

I have been driving for 2 years and 7 months. I will say that im only starting to figure this out now that way i wont be rushing myself. I did plan on buying a truck this summer but i figured i might wait it out till the end of the year to buy at least ill hopefully have 30-35k saved up instead. Also will be able to finish with a W-2. Im not so sure how it would be doing both a W-2 and a 1099 next year. I was also looking at a glider from fitzgerald but they want alot for the truck. I wouldnt be so sure if the loan would cover it.

A freightliner columbia with a Pre emission detroit 10spd would run me 113k. Idk if wells fargo is gonna lend me that much.