What would payments be on a new truck?
#11
your right geomon but i just see more money in a 379 or a w900. Nice long hoods s/s air cleaners you know the little chrome things. Am sure they will have better re sale valve to. But like i said that's just my 2 cents. if i was going to spend that type of money i would just get a long hood but that's just me.
#12
Rookie
Thread Starter
Join Date: Oct 2006
Posts: 15
I know...Volvos are expensive. But I am star-struck by their full-sized sleeper cabs. I mean, a bed that turns into a table, a running-water pull-out sink, the supposed quietness...Guess I'm a sucker for that kind of thing.
So the next question is, how many miles does one of these $135k trucks need to have before it's sold as a used truck for under $100k?
#13
Originally Posted by Cool Hand
I know...Volvos are expensive. But I am star-struck by their full-sized sleeper cabs. I mean, a bed that turns into a table, a running-water pull-out sink, the supposed quietness...Guess I'm a sucker for that kind of thing.
So the next question is, how many miles does one of these $135k trucks need to have before it's sold as a used truck for under $100k? According to Truckpaper.com, about 200,000 miles.
#15
Board Regular
Join Date: Sep 2006
Location: Mahwah,NJ
Posts: 450
Cool hand
Come here Closer to the screen A little closer BANG!!!!!!!!!!!!!!!!! (as I hit you over the head with a frying pan) Look around at all the Volvo's that are owned by the Mega fleets (including Ryder etc) Do you think they paid 135k? Who in their right mind is going to give YOU 100k for a used truck when they dump their used Volvo's on the market? week after week and chances are you have the same white with black trim paint scheme? Go to the truckpaper and see what a 3 or 4 year old Volvo is getting You will lose your shirt 2003 770's are going for 60k 0 down on 135k? no chance
#16
Originally Posted by Cool Hand
I know...Volvos are expensive. But I am star-struck by their full-sized sleeper cabs. I mean, a bed that turns into a table, a running-water pull-out sink, the supposed quietness...Guess I'm a sucker for that kind of thing.
So the next question is, how many miles does one of these $135k trucks need to have before it's sold as a used truck for under $100k? Just drive it around the block and you will lose about 20-30% of the full sticker price. :shock: Volvo probably makes to most comfortable truck on the market. It also depreciates more quickly than most other brands. It is right up there with Freightliner in depreciation. You can get a good buy in a used Volvo, but will take a bath on a new one in depreciation. I am curious as to how much exprience you have driving and why you would purchase a new truck for $135,000 truck starting out? :?
#18
It doesn't really matter whether it is the 880 or one of the lower end trucks, Volvo's simply don't hold their value as well as some other brands, although the better equipped trucks will hold up better than the plain jane trucks. It is unfortunate, because they make a very good driving truck. There are some drawbacks, such as the set back engine, when you have to work on the engine, but it is a good truck. It just doesn't hold it's value. All trucks depreciate a lot during the first couple of years. Some depreciate more than others. If you buy a new truck and finance it, you will be upside down for at least 2 years or so, no matter what the brand.
#19
Originally Posted by GMAN
Just drive it around the block and you will lose about 20-30% of the full sticker price.
How big is this "block" you are driving around? About 250,000 miles? I would love to know where you get this info from, considering a brand new 2006 379 Peterbilt goes for about $130,000, and a used 2006 379 Peterbilt with 150,000 miles goes for about $110,000 - $120,000, according to truckpaper.com. According to my calculator, that is a 7.6% to a 15.3% depreciation for 150,000 miles. Heck, my truck has only lost about 22% of its sticker price, and it is a 2004 model. That 20% - 30% garbage is a big wives' tale. :roll:
#20
Senior Board Member
Join Date: Mar 2006
Location: Las Cruces, NM
Posts: 1,004
Originally Posted by Mackman
your right geomon but i just see more money in a 379 or a w900. Nice long hoods s/s air cleaners you know the little chrome things. Am sure they will have better re sale valve to. But like i said that's just my 2 cents. if i was going to spend that type of money i would just get a long hood but that's just me.
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