with truck prices way down and my miles doing OK.
i was wondering, which would be the best first truck to buy.
an older, cheaper truck with more miles on it or a newer truck? more expensive, YES, but with lower mileage and possibly less maint. issues in the short term???
(BTW, i would NOT have to change dispatchers, of which i have a GOOD one)
which is a better choice for first truck????
Discussion in 'Ask An Owner Operator' started by panhandlepat, Apr 14, 2009.
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I was talking to AMPM_wayne about this earlier today and comparing some numbers.
I've been getting really beat up lately but my position hasn't changed. By expenditure I'm way ahead of the game. What gets tricky is figuring the lost opportunities. My latest repair and tow will be about $600, but I also would have generated $1100 by this time tomorrow with a preplan for another good paying haul. I've lost both and no telling what I will get instead.
My truck I stole for $25k. I pay $1076 a month and will own it in 24 months.
A new truck is 10% or 12k down ($30k or 25% if first time buyer) and $1800 a month for 5 years, a long way off for ownership. While I fix the 2nd 5 years of repairs, someone else paid the first 5 years worth as well, especially toward the end of ownership.
Opinions will vary wildly on this.
The question is, will I pay 90k out of pocket for repairs and tows in the next two years when each of us would then own the truck outright? I really don't think so.panhandlepat Thanks this. -
panhandlepat Thanks this. -
thanks guy's! i am thinking around an 02-05 freightshaker century/columbia with a detroit, and 600K or less miles on it
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what will you be hauling drivva??? -
I would buy an older truck nothing older than an 04 and no more than 500k. There are a lot of good deals out there now.
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I would go with the columbia too
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03 379EX-HD 7CZ C16 # 600hp, RTLO20918B, 3.55s, 315"wb with a 51' stainless 12' spread and a SB210 whisper.
My friends first truck, lost it under half a year lol. -
If you're going to lose a truck though, I can't imagine a nicer one to do it with lol.
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