You bet.
I just sold three 2019 trailers for $5000 less then what I paid for them 3 yrs ago. Never did a thing to them but grease and get yearly inspections. Nothing at all. So, under $1700 per year in cost of ownership? That’s insane lol. So during that time I paid the loans off and then just flipped them into brand new trailers that are owned outright. That’s how you get ahead over time.
I have a 3 yr old Kenworth that I could have sold for 85k but decided not too. It’s been rock solid and getting new teucks right now isn’t the easiest. So, I decided to keep it but 2 yrs from now I doubt I’ll be pleased with the decision. Trucks will be cheap but new ones will be even higher. It’s just right now rates are so high I couldnt afford to cut capacity.
When to trade trucks?
Discussion in 'Ask An Owner Operator' started by istumped, Apr 16, 2021.
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I built a shower and chemical toilet in mine.
And I had a much smaller sleeper than that.
If you just keep repairing what breaks, and replacing consumable parts like water pumps and air compressors and alternators —before—- they go bad, it will last forever, or until a certain political party outlaws older trucks.
The B-52 bombers are way older than any of their pilots and crew. But if the maintaiinance and repairs are vigilant any machine can be kept in service forever.
you’ve already taken the depreciation hit , so the Maint and repairs Probabaly won’t cost any more than the depreciation on a new one.77fib77, jason6541, stillwurkin and 1 other person Thank this. -
Speed_Drums, jason6541 and bzinger Thank this.
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The truck has been payed off for 2 years and in 2 months the inframe new apu will be paid off ....deleted too.
I'm looking forward to no 1800.00 a month payment on a truck that is good to go for a long time yet , Ill run as I have until late fall and drop back to about 6000 miles a month then focusing more on the improvements I want to make on my home .Tug Toy, jason6541, TallJoe and 1 other person Thank this. -
In another 4 years when I fully retire from trucking this truck will go to Taylor Martin in South souix city Nebraska and most likely end up on a farm in Nebraska or Iowa... or go to Mexico to live out it's final days .
Tug Toy, TallJoe and stillwurkin Thank this. -
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Around 1.6 mill on my 21 year old truck, do I trade?
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Tug Toy, jamespmack and Midwest Trucker Thank this.
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Large fleets don't purchase.
They lease.
And like cars. The lease is 3 years.
Cheaper payments to lease. -
The old man used to trade them at about 4 years. Still 1 year warranty left and the costly stuff like brakes, clutch, suspension etc still have another year or 2 left on them.
Midwest Trucker and bzinger Thank this.
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