Thinking about making the move

Eddiec · Dec 15, 2020

Money-Mike said: ↑

Looking at possibly buying a truck and taking the plunge. Have about 3 trucks on the radar all 2016's.

International ProStar, Cummins ISX, 350ish on miles, no APU. $42000

And 2 KW T680 with MX13, 350-380 on miles, APU installed. Dealer I've been in contact with is saying they will let them go for $50k.

I would more than likely purchase extended warranty if it is through Dealer/Cummins/Paccar. Haven't read good things about 3rd party like NTP.

Price range would put me in the $800-$1000 per month in payment. Which should things go to utter ####, I could go company drive and still make the note.

So Question 1 is which truck would you buy the plane ticket to actually go see? I can rigdig and possibly get an ECM dump from home, but a test drive and mechanical check is a little tougher.

Question 2 would be which route to go through with the purchase and insurance.

Buy/Insure it under personal name, create LLC, or...... check with my parents accounting firm and purchase it under their trucking LLC, which means I may get better rates but no CMV loan "experience" shown on my name?

Parents are currently leased to a company running their plates/numbers but are thinking about getting their own authority. I would run with that same company.

Currently have $0 debt, $10k in cash to start maintenance/oh #### account, and another 10k in available credit should it turn to holy ####.

Have a decent local job hauling construction equipment for a private construction company, but its dependent on economy and building and Las Vegas economy isn't too hot at the moment.

Am I being ridiculous even thinking about doing this?
Click to expand...

Find a 2018 Truck with a X15 Cummins with under 350K miles, an APU and remaining factory warranty or Dealership warranty. Stay away from 3rd party warranties

Log in or Sign up

Thinking about making the move

Eddiec Road Train Member

Log in or Sign up

Thinking about making the move

Eddiec Road Train Member

Useful Searches