Which truck would you take? HELP CANT DECIDE

wow, you really do live in a fairy tail world.

You even understand what kind of a bunk heater I am talking about?

http://www.espar.com/html/products/airheaters.html

It's not any squirrel cage heater. Good luck testing that way.

Glad you feel comfortable buying and storing major components and putting them on the shelf. I don't care to tie up my revenue that way.

He wanted to know what those trucks would be like.

He got REAL costs and input on what maintenance would really be like. He got REAL advice that it's not the most responsible thing to put a mortgage on a property to purchase a high risk item like a truck, regardless of payment size.

Speaking of "business sense". How much "compounded interest" ($11,395.00) will there be on that $40,000 loan after 8.3 years of payments vs a 30 month lease/loan? ($3,174.70) over a $8200 savings. But that's not important. Just that he was able to hang his family members for a mortgage.

And when he didn't get the answer he was looking for, he got all whiny about it.

Just like you are.

Have a nice night.

Notice how a period and "enter" key make things so much easier to read too?

 

care to explain in your 3 year plan how you intend to pay off a $40,000 loan at $400 per month then? and how long?


Cuz I REALLY would like to know how that's done so I can save some serious coinage. That's 25% more financed and 1/3 the payment I currently have.

And just to pay off that kind of a principal only, it's 100 payments.

 

Negative? I am the most optimistic rose colored glasses poster on here. I haul 100% loadboard freight in a dry van. Go back thru my 1,000's of posts and point to a single one where I cry about cheap rates....


I started with nothing and a boatload of debt 13 years ago. Paid cash in full for a used truck in 2009 with 15k$ reserve in the bank. I lost money two years in a row and barely brake even on a $2.19 rate to the truck on 76k miles this past year,my first full year picking freight off loadboards,leased to a carrier, who got a cut above that $2.19


I'm pacing well over $2.50 this year and expecting a blockbuster year... Read that 4 years to finally profit,hopefully(nothing is a given), and the previous years of struggling to stay above water...


With the debt your "plan" has I would have bankrupted long ago..... Human psychology what it is you will never push rates the way I do you'll roll for what is dictated to you. That is reality is most solo dry van ops,especially debt ridden ones. You simply won't have the time nor patience to do anything but roll.

You don't have a plan at all. Your track record managing money does not work,it's not going to magically work when you buy a truck either... don't tell me these things can't be done.... I've got the t shirt and other members here do as well.. cash in king... you can follow that advice and maybe succeed or you can burn thru relatives money on a wing and a prayer.. sorry it's not what you want to hear but you really need some cold truth here... constructive criticism NOT negativity..

 

He lives in OR.

 

@Carrkool Hey, could you space out your thread? Thanks

 

I got TTR, How much more real can it be.

So how long are you going to be paying that $40,000 loan off. This should be interesting to hear

Especially at $400 per month.


ETA:

You do know what an amortization schedule is right?

 

It's a waste of time fella's. This guys not listening and doesn't want to hear what we have to say. Go ahead Buddyvuk and do what you will regardless of what we say. We will all see you back on TTR in 6 months crying about how you're going broke fast and your families going to lose there house because of your unwise decisions.
You were given sound advice and reasoning from guys who don't want to see you put in a bad financial situation. We don't lose anything when you make the wrong decisions but we would like to steer you in the right direction but you don't listen to one word that we say unless it's what you want to hear. You have the wrong attitude to being an owner operator because as a business operator you need to be open to what's happening around you and not ignorant to facts if they don't suit you!
So I say go ahead and buy whatever truck you like the most. I would say get the red one because red goes faster! That's about how much thought you're putting into your plan so why not wing it with the truck as well?