Take advantage of time. It’s the one thing you have on your side. Keep researching, and watching Truck prices closely. Keep learning and saving. Once you have a good idea, you’ll know. Prices have a long way to go down yet. Maybe as much as 40-50% depending on the economy and the rates. It’s anyone’s guess. But prices are absolutely headed down. That’s for sure, it’s already started. Right now the rates don’t justify over paying. Many who overpaid thinking they could make the difference back easily, are now saddled with Trucks they owe more than they’re worth. They’re upside down, and will be for a long time. Some may ride it out, many others will decide it’s not worth it. Repos and voluntary forfeitures will drive all prices lower. Even new Truck prices. The demand has dropped. Now it’s time for everything to adjust. It happens real fast, like everything in Trucking. Take your time, get familiar with Trucks, finance options, and also potential opportunities. Somewhere it will all come together, making it worth your effort. And you’ll know, based on your knowledge. Be patient. There’s always a deal available. Always.
owner operator
Discussion in 'Ask An Owner Operator' started by Dean Fancher, Mar 16, 2023.
Page 3 of 4
-
Midwest Trucker, Siinman, D.Tibbitt and 1 other person Thank this.
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
If I had to have a truck I would be looking for someone who is trying to sell before the repo man comes around.
Where I am at the money just is not they're anymore. When you turn down cheap loads the company's just lease on another truck to haul their cheap freight. Two to three weeks later when the first check comes around you figure out it does not add up. The cycle starts all over.Rideandrepair Thanks this. -
Rideandrepair Thanks this.
-
Probably so, you definitely have to go over anything you buy used. But I still think it's a good idea for anyone with cash in hand now to wait several more months on used trucks prices tanking even more.
Rideandrepair, Siinman and haycarter Thank this. -
Two recent sales on EBay sold for between 70 & 75K in December. One was a 2016 and the other a 2014. Both had more miles than yours.
Truck paper has sleeper Petercars between the year 2014 through 2016 listed up to around $160,000 . (Some are even listed at an even more ridiculous price of $180,000).
Go for it, you can say yes, or no. List it and let the best solid offer with verified funds win.
Good luck to you.Rideandrepair, Siinman and gokiddogo Thank this. -
I’m getting out while I can. Truck/trailer is located in MD.
Truck has been driven 2 times a month since October 2022 just a load to pay the insurance.Rideandrepair Thanks this. -
Banker, Rideandrepair and Siinman Thank this.
-
Vampire, Rideandrepair and Diesel Dave Thank this.
-
Rideandrepair and Siinman Thank this.
-
Unless you got a plan how to close on steady good work that demands your skills over the rest of the overcapacity crowd… I’d stay where you are.
Rideandrepair and bzinger Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 3 of 4