Rates are crashing and fuel to the moon!

Looks like someone came out smelling like roses and made a mil or 2.

 

New trucks were nearly 300k less than a year ago when I was thinking about replacing my 3 year old Western Star. A brand new refer with naked dancing girls wouldnt cost 200k though would it?

 

Volvo was not 300K it was closer to 200-215K

 

Say they bought them for $200,000 each, 5% down, 3.5 April, and a 5 year amortization. Making on time payments that's roughly $237,000 each, not counting taxes, delivery, etc. Toss in missing payments, late fees, "colon hat wearer fee", I think it would be really easy to get to the quoted amount.

Last time I looked at our lease package on new equipment (2018ish) the marks were paying $240,000ish if they paid off the balance after a 3 year lease.

No matter which way I approach it, it looks like idiots acquiring equipment they don't know how to run and going broke. It's a flease/purchase writ large.

 

Just hit the Jackpot at the Petro!!!

For national hotdog day they are grilling them out front and selling them for a buck each!!!

Right up my alley!!!

 

Better buy a lottery ticket too. She how far you luck will cary you.

 

LOL, been getting those in each state I cross through with how big the powerball jackpot is...

 

I think might next mattress will just be unlucky lottery tickets. Shouldn't be too uncomfortable. If I win I'll build a pyramid. Like two stories tall, don't want to upset the neighbors.

 

Uh OH!!! Hauling for $2 bucks and blowing money in the casino isn't a good combination!!!

 

There is more than one way to get rich in trucking. Lease purchases being the most reliable path, casinos are a very close second.