trailers buy or finance

figure you rent/lease a trailer from a company for 5-8% of gross revenue. That's more then $1700 per month in payments.

Figure a loan payment on a trailer will be less than $350 per month for 36 months for a usable trailer. Even my reefer fuel I need doesn't go over $400 per month. My actual trailer cost increased my payments only $130 per month and not $350.

I'll let you figure out the rest of it.

 

For what? a dry van? You can buy a trailer for 1/3 to 1/4 that price. One week would be a trailer payment.

 

There's 2005-06 Dry /Reefers going for $14K for $400 a month W.A.C in a few locations in the Eastern Part of the Country... I'm kinda of peeking at that option myself

 

$1700 is 8% of $21,250 ($255,000/year)
$1700 is 5% of $34,000 ($408,000/year)

I doubt there are very many trucks pulling those kinds of numbers hooked to a dry box or any other inexpensive trailer option.

 

$160/week is $8320/year...and probably gets him a fairly new trailer to pull, which is replaced with another new trailer every couple years.

1/4 of that is $2080/year. 1/3 is $2774.

Assuming a 4 year loan, that is a $8300-$11,100 trailer that he's buying...IF the loan is 0% interest (it won't be). So, figure $5-8K purchase price if you want to keep the final cost to $8-11K after you pay the interest in order to stay within your 1/4 to 1/3 of $160/week. In other words, you'll be looking at 5-10 year old dry van trailers. Can you find them cheaper? Sure...but you'll get what you pay for.

 

yop, you are correct.

And you don't HAVE to have a brand new truck and a brand new trailer to make money in this game.

Why do people feel you have to.

 

flat or step is going to be no more expensive than a reasonable reefer trailer would be.

http://www.truckpaper.com/listingsdetail/detail.aspx?OHID=4166415