Starting to think about replacing my truck

Discussion in 'Ask An Owner Operator' started by 86scotty, Jul 14, 2021.

  1. TallJoe

    TallJoe Road Train Member

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    I call every couple of weeks different dealers to feel out the situation.
    New Volvo 860 (big cab) around $160K-165K + $5-6K extended warranty (4years - 500K miles) (aftertreatment included). The local M&K dealers says February - March 2022 for a factory specd truck (which is more than enough for a Midwest general freight, imo), unless someone gets cold feet and you can take their place. They want from 1-3K deposit depending what dealer you call.
    P.S.
    I am at the crossroads too. The more I think the less I know which option is better. e.i. overhauling/engine swap on the current or go all the way new...I'd hate to owe $100K+ debt in times of 2 and less- dol per mile freight. This is spot market, the merciless environment and what's worse, completely unpredictable. In times of rates cholera, nobody even cares, if your truck is new. Except @Midwest Trucker , who won't load you without a photo. ;)
     
    Last edited: Jul 16, 2021
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  3. Midwest Trucker

    Midwest Trucker Road Train Member

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    My guy just said to get the first 2023’s off the line next spring that I need to order now. I believe that’s late April build date. My gut says pull the trigger on it so I’m going to go ahead and get 2 in the pipe line for then.

    One thing I found interesting on the August builds is instead of delivery to my yard, I’m going to pick them up so it’s quicker and KW is offering 1k per truck discount to do so. They can’t get them shipped out just like everything else. Driver shortage.
     
    Last edited: Jul 16, 2021
  4. Midwest Trucker

    Midwest Trucker Road Train Member

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    LOL. True. Heck as hard as your ballin in dough right now, you’ll be able to buy one outright after trade in. ;)
     
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  5. 86scotty

    86scotty Road Train Member

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    I have learned what I need to know about updated emissions system and expected fuel mileage. Much cheaper to replace a 'one-box' DPF system from what I've learned. I will be getting essentially the same powerplant I have now which is super efficient (7.5 always) but I'm hoping for .5 to 1 mpg better with a new one. Same tranny I have too, and I will probably spec the same rears. I am shopping warranties as well as trucks and the first couple years new and under warranty I will expect to be much cheaper than running my truck nearing 1 mil. miles.

    I won't be getting a lot of the nannys that fleets would but I might go for some of it if it saves big money.

    I will of course be talking to my insurance agent about this but I was hoping swap some info here with anyone who has done this recently. Seems like most new trucks are in the $150k range, 90 more than I paid for my used one.

    Will my IRP change?
     
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  6. rollin coal

    rollin coal Road Train Member

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    IRP is just based off the miles you run in whatever states. They don't care what year of truck you have. I think it costs about $20+/- to transfer in Tennessee. It's not very expensive or problematic.
     
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  7. 86scotty

    86scotty Road Train Member

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    Thanks, I just looked this up this morning. Yep, for some reason I thought part of IRP was the tax on the value of your truck. Not sure why I got that in my head.

    I did find out today that a new tractor, any one in the $150-175k range will probably increase my insurance around $4k per year.
     
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  8. 86scotty

    86scotty Road Train Member

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    I'm actually starting to think about spec'ing a 13 speed instead of the iShift. Just seems cheaper and more bulletproof to me, because i know how to shift. I am out of the habit right now but it would come back.

    I wonder if OEM's will actually charge you MORE nowadays for older tech.
     
  9. jason6541

    jason6541 Road Train Member

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    Also be ready to pay capital gain tax
    On any money given on trade or outright
    Sell. Even if you roll that money over into new truck purchase.
    Was reading something about it and dealer mentioned it when I ordered my new western star. Look into with a Cpa.
    I am going to owe roughly 7k in capital gain tax next year.
     
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  10. jason6541

    jason6541 Road Train Member

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    Check up on this nugget of information D565896C-2A9B-466D-B57E-80064FD70712.png
     

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  11. roundhouse

    roundhouse Road Train Member

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    KW damaged a lot of stuff on a new rig that got decked and delivered to Atlanta.
    Bent the side step, damaged the mudflats , damaged the paint on sleeper when the RW installed the exhaust stacks ,
    which the local dealer had to repair THREE times because they kept repainting it the wrong color etc .
    Who knows what else they damaged when the removed and replaced the axle shafts etc .

    you’re better off to Just fly out and drive it back yourself .
     
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