Truck prices are insane

Discussion in 'Ask An Owner Operator' started by Wespipes, Oct 28, 2021.

  1. Wespipes

    Wespipes Road Train Member

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    So I just sold my 19 pete with 185k miles on it for 210k. I bought it for 140k with 30k miles on it 2 years ago almost exactly. It sold in 48 hrs. I kept seeing the prices and not believing they were getting THAT high. Guy came and looked at it yesterday. Too late for the wire transfer so he stayed in a hotel for the night. Drove off with it today. Last night I had 3 people contact me and said they'd send the money over and didn't even want to see it. This market is insane right now. Personally I think it's going to get a lot worse.
     
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  3. REO6205

    REO6205 Trucker Forum STAFF Staff Member

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    I have four Pete water trucks, two 80's and two 86's with 3406 Cats and 6x4 boxes . They're ex logging trucks that we converted when we replaced them with new trucks a couple of years ago. They all have quick change from the tanks to logging gear. They're in real good shape but they're nothing fancy. I was offered 100 grand apiece for them by a guy that wanted to take all four. It's crazy.
    I'll probably kick myself later but I turned him down. The guy got about half mad when I told him no. I plan on using them for fire tenders just like I did this year and if I sell them I'd have to replace them with something comparable. New trucks are out of the question in this particular case and I don't want to buy used in today's market.
    I'll keep my old ones.
    It's amazing how many people there are out there that will pay that kind of money for used trucks.
     
    Dino soar, larry2903, JoeyJunk and 3 others Thank this.
  4. Wespipes

    Wespipes Road Train Member

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    1 of the guys took delivery of 2 new trucks and they canceled the 3rd on him and peterbilt tod him it'd prob be a year to get the 3rd. The other landed some big contract and need 30 something trucks so was buying everything he could. Crazy times.

    But ya if you sell right now you're likely not going to find another
     
  5. ProfessionalNoticer

    ProfessionalNoticer Road Train Member

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  6. REO6205

    REO6205 Trucker Forum STAFF Staff Member

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    You're right. We've had these since they were new and I know what kind of care our shop gave them. All the major components are fairly low time. Doing forest fire work if you break down they'll cancel your dispatch out in a heart beat so reliability is important. I think the biggest thing that went wrong this season was a couple of headlights that needed to be replaced.
     
  7. GraniteRiver

    GraniteRiver Light Load Member

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    389?
     
  8. Wespipes

    Wespipes Road Train Member

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    Yes
     
  9. fordconvert

    fordconvert Light Load Member

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    My brother ordered a little Featherlite car trailer a couple of months ago. The dealer called him a few weeks ago, and told him that it is a year out...IF it gets built at all. $11.000.
    I ordered a little 10,000lb 22’ PJ car trailer a couple of months ago. Dealer estimated that it would be a couple of months out. I decided to buy a brand new 14,000lb that he had in stock. I bought the heavier trailer for 26 cents LESS than the lighter one due to a new “steel tax” of $1380. The heavier trailer did not have the tax on it because it had been built and delivered to the dealer before the “tax” went into effect.
     
    Last edited: Oct 28, 2021
  10. Midnightrider909

    Midnightrider909 Road Train Member

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    Is there a special tax on steel now?
     
  11. fordconvert

    fordconvert Light Load Member

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    That is what the dealer told me, and it is shown on the order form as a separate tax. Also, the other dealer who ordered my brother’s trailer, told him that he could get his trailer for $2000 less if he was willing to wait until March to get it (that was before he was informed that his would be at least a year out). I have to assume that it had something to do with this “steel (steal) tax”
     
    Last edited: Oct 28, 2021
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