Taking the plunge. My journey as an O/O.

It's looking like I will be dropping about a third of my maintenance account on the truck to pay for the service the warrantee company won't. That's if I don't get the whole rebuild done. If I do get the full rebuild done, it will likely eat up most of the maintenance account, possibly all, and start into my primary credit card.

I do not want to keep the truck, but I'm not desperate to get out of it either. My primary vehicle at home is a 1998 Ford Ranger that I bought new - I don't mind holding onto a vehicle.

I *want* to get a truck with features I *want.*

 

Accurate. The only time the truck has ever required oil was when there was an external leak on the passenger side of the engine where an oil line connection leaked past an o-ring. It did that three times. The first two fixes were done by Crete and only lasted about 50k miles. The third fix was done by Freightliner, and it's been good ever since.

 

Update.

The full rebuild will be done on top of the warrantee work. The total cost to me will pretty much wipe out my dedicated maintenance account, which I've never used for service before. That money was supposed to help pay off the truck, but, hey, needs must.

That's going to push back my full ownership of the truck by at least nine months.

So... I'm going to have to take a look at my plans for the future and see what needs adjustment. I was planning on staying with Crete until the truck was paid off in March or so, but if I stay with Crete until the truck is paid off now, it will likely be late this coming year.

 

Refinancing the truck wouldn't be a problem. However there would still be a loan.

My intent was to pay off the truck to give myself more security to learn during the next stage of my o/o career, either with a paid-off truck, or a new truck with factory warranty.

Risk management was/is the reason, not any sort of contract agreement with Crete.