Thinking about making the move

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?
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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

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Eddiec Road Train Member

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Eddiec Road Train Member

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