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

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    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!
     
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  3. pavrom

    pavrom Road Train Member

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    Its sellers market now!
     
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  4. pumpkinishere

    pumpkinishere Heavy Load Member

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    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.
     
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  5. singlescrewshaker

    singlescrewshaker Road Train Member

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    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..
     
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  6. lester

    lester Midwest's #1 Feed Hauler

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    Can't buy something that moves for 15k right now hardly
     
  7. singlescrewshaker

    singlescrewshaker Road Train Member

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    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
     
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  8. Socal Xpress

    Socal Xpress Road Train Member

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    Questions
    So is your Authority active? Meaning you have insurance?
     
  9. CargoWahgo

    CargoWahgo Road Train Member

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    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

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    Only bad thing about that is it’s a 112 and not a 120.
     
  11. 201

    201 Road Train Member

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    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.
     
  12. Atlanta trucker

    Atlanta trucker Road Train Member

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    Best of luck to you sir whatever direction you decide to go in.
     
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