I would like to add something to what Solo said about market value. One thing I have noticed is that different brands of trucks will sell for different prices according to the region of the country. For instance, I have noticed that "hoods" seem to sell for less in the Northeast and New England, than the same or similar truck in the West or South.

 

From a purely business sense it would seem that the Pete 387 would be the one to buy new. It costs less new and has the lowest depreciation.

But then there is the emotional side of things....chrome, texas bumper, stacks stickin way up, tradition, etc. Oooh those Sirens can really sing...

 

Why would anybody pay 135,000 for a new Volvo, KW, Pete. I got a new Pete 379, 70" sleeper, 475 Cat 18spd, fully loaded bought for less then 115,000. Just depends on where you shop.


I met a owner operator the other day that had a 2007 Pete 379, long tall and all the bells and whistles. He did not say what he paid for it but he told me his truck payment was $3500 a month and he needs 4,000 miles a week to make it work but he is leased to Tyson Foods and is only getting 2,500 a week. He said he can make his truck payment, pay his insurance and send $400 a week to the house. That sucks for him, he gets behind one payment and he will never catch up. I like my $1,300 payment woo-hoo.
This is good too, but save your money and put a lot down on a new one and you can have cheap payments, drive a new truck and have warranty for 5 years.

 

And when did you buy it?


As far as your $115,000 Pete, you overpaid. Mine cost a lot less than that when I bought it last year. Just sayin. :wink:

 

I'm sure those new trucks are nice, but how in the world can you justify spending that much, when you could get something in very good condition for half that? You still get a nice truck, and more money in your pocket. But, what do I know? I'm just a dumb company driver. 8)

 

You could also get an ex-Schneider International 9800 and old dog reefer trailer. It may not be pretty to look at or go fast but it'll make money and you can pay it off fast and own it outright. A long nose 300 in wheelbase jet black flattop Peterbilt 379 with matching spread axle trailer is mighty pretty to look at but is it worth making momma and the kids starve just to run with the big boys?

 

Rev.Vassago wrote:
I will pick it up Monday!

Ain't you special! My truck might have alot more on it then yours does, is yours a 06 or 07? What sleeper did you get? Interior, Driveline, etc.... Did you think about that? So you might have got screwed!

PackRatTDI wrote:
You would probally have alot in maintenace and repair each month that you could have made a payment on a new one.

 

70" with full cabinets (including the rear one), business center, fridge, factory installed bunk heater, factory installed inverter/shore power system.

565 Cummins, 18 spd, 3.55 rears, factory installed Optima batteries, factory installed heavy duty alternator, leather seats. I've got darn near every option that Peterbilt offers, plus some options they don't offer. My truck speced out at $160,000.


And I paid $107,000 for it. 8)

 

Rev.Vassago do you like your Cummins moter because all I've heard about the ISX it is a bad moter :?:

 

first off I sold that truck a while ago, second of all it was 310 not 300 and finally my wife never starved :lol: