Should You Buy a Truck in 2021?

Discussion in 'Ask An Owner Operator' started by SeanQ, Nov 23, 2021.

  1. Plsdontflip

    Plsdontflip Light Load Member

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    Oh also new cdl drivers are coming out of school expecting no less than 1300 a week or so, what do you think all those guys will want when they are experienced and 60% of the driver pool in 2 to 3 years? Yeah drop it back down to 2 or less a mile nationwide average and you will see a trucker shortage..
     
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  3. Midwest Trucker

    Midwest Trucker Road Train Member

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    You have good points for sure. I guess $3/mi is the new $2/mi but costs go up. Also, I’m not sure if it’s my state or federal but Feb 1 all new CDL holders must go thru a school vs getting it on their own. That takes out a lot of “good” drivers who come off the farm and go to haulin. Driver shortage will get worse and unless the foreign drivers take up the slack.
     
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  4. Plsdontflip

    Plsdontflip Light Load Member

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    Yeah that new rule will be interesting. It will definitely add to new shortage because majority of people not sitting on 6k to pay the school and don't wanna enter a 1 year 40cpm contract to get it paid for, by a company that may or may not treat them like poop lol
     
  5. bzinger

    bzinger Road Train Member

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    I know couple people that bought.brand new kw 990s that were delivered a month ago ....nice rides but I wouldn't wanna be them when the bottom drops out .
     
  6. Midwest Trucker

    Midwest Trucker Road Train Member

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    For sure. Them ol boys pulling cattle pots, doing oversized, specialty, heavy haul, then your regular dry and reefer set and forget type high quality drivers I guarantee mostly got their CDL on their own. I certainly did and everyone I know.

    For those who like me learned from their Dad or Grandad... you think they’ll go through a school? Hell no they’ll just operate on the farm. My 5 yr old will drive trucks no doubt on the farm or be outlaws but going to some school? lol I doubt it.
     
    Last edited: Dec 5, 2021
  7. Pamela1990

    Pamela1990 Road Train Member

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    And it's going to, within a year.
     
  8. GYPSY65

    GYPSY65 Road Train Member

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    It’s all messed up
    It isn’t that farm kid that can’t drive a truck it’s those being so called trained by someone who himself or herself just got their CDL a month earlier but that’s old news and been the problem from the get
     
  9. goga

    goga Medium Load Member

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    It is time to buy a truck, new one, 200k+ will take around 30+? months to pay it off if freight prices will, at least, stay the same as now and you'd work 24/7/30/365 and make double payments. And it is just to pay it off and come to a zero)
     
  10. Short Fuse EOD

    Short Fuse EOD Road Train Member

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    No rush to pay off a loan. Interest is deductible. Credit is good to have. Working capital is key. Don’t be broke when you start an endeavor.
     
    Last edited: Dec 6, 2021
    Plsdontflip and shooter19802003 Thank this.
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