There is no way to tell what the secondary market for big trucks will be in a few years. I would expect that you should still be able to find a good truck for under $20,000. If you have enough money saved to pay cash then that is what I would do. It is much better to start a business without any debt. If you can find something in good shape and pay cash you can continue putting money aside to trade up as you want. You will save a lot of money on interest.
There seem to be quite a few trucks running from Quebec and Ontario into the northern border states such as Michigan and New York. When I was running Canada a lot I seem to remember quite a few trucks who ran back and forth between these two provinces. When you are trying to project events such as freight lanes several years in the future there is no way to tell with a high level of accuracy what the rates are availability of freight will be at that time. With all the government involvement in two of our major industries it is likely to skew what would be much easier to predict. If we were dealing with a free market then it would be much easier to make projections. Historically, trucking has had certain freight lanes that have done well. It has also had seasonal changes that were pretty predictable. The last year or so has changed that cycle.
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Originally Posted by Oso
