Should I wait to become an Owner Op? Will truck prices lower?

Discussion in 'Experienced Truckers' Advice' started by Meriton1108, Jan 12, 2022.

  1. Meriton1108

    Meriton1108 Bobtail Member

    3
    1
    Jan 12, 2022
    0
    Been thinking about buying a truck. I already have my authority but I’m holding off a bit b/c the prices of these trucks are outrageously high. Not sure what to do. Been looking all over on fb, the internet, different dealerships but I just can’t seem to make up my mind. Don’t want to jump the gun and buy a truck that’s not worth the price. Any advise is greatly appreciated!
     
    singlescrewshaker Thanks this.
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. pavrom

    pavrom Road Train Member

    2,469
    5,235
    Apr 29, 2012
    NE illinois
    0
    Its sellers market now!
     
    singlescrewshaker Thanks this.
  4. pumpkinishere

    pumpkinishere Medium Load Member

    633
    2,089
    Apr 21, 2021
    0
    Now doesn’t seem the time for buying a truck. Unless you have your eye on one or you find a good deal. I would not pay these crazy prices right now. Blessed we bought right before the crazy prices began. Are you driving now? It may just be best to let your authority age a little bit until you find a decent truck.
     
    Meriton1108 and singlescrewshaker Thank this.
  5. singlescrewshaker

    singlescrewshaker Road Train Member

    3,534
    29,688
    Dec 31, 2017
    Palmgetto, FL
    0
    Buy a '90's FLD for about $15k and get to work.!

    If you ain't a Mo Ron, & pick a decent one, you'll be in the green by the end of the month..
     
    JoeyJunk, Jed2009, Meriton1108 and 5 others Thank this.
  6. lester

    lester Road Train Member

    2,116
    5,039
    Jan 2, 2012
    NW, Iowa
    0
    Can't buy something that moves for 15k right now hardly
     
  7. singlescrewshaker

    singlescrewshaker Road Train Member

    3,534
    29,688
    Dec 31, 2017
    Palmgetto, FL
    0
    Bought this pile 10/13 on the cheap.
    Granted the cost was double of my 1st FLD @ $8k in Dec. 17 when the eld mandate hit..
    Not saying she's a desirable rig to most, but suits me fine..

    IMG_8578.jpg
     
    JoeyJunk, Jed2009, Speedy356 and 9 others Thank this.
  8. Socal Xpress

    Socal Xpress Road Train Member

    1,819
    1,898
    Dec 6, 2014
    Los Angeles, Ca
    0
    Questions
    So is your Authority active? Meaning you have insurance?
     
  9. CargoWahgo

    CargoWahgo Road Train Member

    3,800
    3,756
    Jan 10, 2012
    Louisville, Kentucky
    0
    I've lost more money waiting for things than if I would have just did it in my life.

    Get rolling driver. Those prices aren't coming down anytime soon with the way interest rates are.

    Make life easy and offer 85% and settle for 90% of list in this market. Add 3 if financing is involved.
     
  10. Long FLD

    Long FLD Road Train Member

    6,308
    21,972
    Mar 4, 2015
    0
    Only bad thing about that is it’s a 112 and not a 120.
     
  11. 201

    201 Road Train Member

    9,815
    19,520
    Apr 16, 2014
    high plains colorado
    0
    I say this everytime, don't put the cart ahead of the horse. I may be out of the loop, but in this situation, some things remain universal. Not sure what, if anything you have in mind to haul, but unless your last name is Rockefeller, or Amazon and with trucks costing $200 GRAND, or more, you better have an ironclad account. The truck is the least of your concerns. Insurance, taxes, repairs, astronomical operating costs, competing with megas, distracted drivers, drug programs, only makes this the absolute worst time to be $200 grand in the hole..
    If you simply must, heck, like marriage, I didn't listen either, O'O's are failing left and right today, an indication it's not the best idea, get a older truck from the owner. STAY AWAY FROM A DEALER!!! The owner can usually tell you honestly what they did and what it might need. In many cases, it was their "baby". It's a lot easier bailing on $20 grand, than $200 grand, trust me. Take your pick, they are all about the same. I'd go with an older KWhopper, only because you have a shred of resale, and the dealers are probably the best, even though, that's not saying much. Best of luck. With all the great company jobs Chinatown posts, I'd hate to say it, but only a fool would buy a truck today.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  • Draft saved Draft deleted