We purchased our trailer in cash and financed our truck from the bank at 8.5% interest which made our truck payment below $600/mo.

 

Well lets see my 1st truck is a 2003 T-600 that looks and drives like a new truck compared to all th 900s ive driven over the years and thats been a bunch of them.

I paid or will be paying $29,950 it has 807,000 miles on on it, but wait i havent yet signed on the dotted line ,thanks to wells fargo im in the 6th week of financing and at this point they say my dealer will get the check next wednesday!!!

Now Volvo finance OKd me in 3 days at 3 years at 14.7% 5000 down and 900/ month Wells fargo is 660/month 4 yrs 5000 down. So as it stands i have allready paid 5,000 to Bennetts truck source, $169.00 for physical damage insurance. :shock: No job /lease commitment yet ops: And no truck in my yard! :sad:

 

What kind of truck you operating now Dejanh and why a Volvo for your next new truck? Just curious thats all.

 

475hp Mercedes or Detroit. The fleet I use to work for washing their equipment had Columbia's with Mercedes rated at 450hp I think with straight 10's. We're not a bad truck at all. I heard alot of positives about Volvo except for the 03-04 Volvo's. Even though I grew up around Freightliners I prefer Kenworths since they hold a more special place in my heart cause the first truck I remember driving was a KW T600.

 

I'll agree with you on that, I rather have a 500hp Detroit any day of the week. So for me I can't choose which I like the most Freightliner or Kenworth, but I do feel that Kenworth is the better brand over Peterbilt, the biggest things I love about Kenworths is the daylight doors and I've always liked their interior but I think Kenworths best interior was the pre 2000 before the first interior change. But I do think the biggest mistake Freightliner made was stopping production of the FLD120. I think after they did that they went downhill, I'm not knocking down Freightliner but the Columbia is the best looking tractor they have besides the Classic XL but that Cascadia is a eyesore in a way

 

Well, it would be a good idea to have additional money set aside to make any repairs. It will still cost less than buying new or on time. You can save a lot of interest when you pay cash. If you can pay cash and put the equivalent truck payment aside, you could buy a really nice truck in two or three years and pay cash. If you put $1,600/month in a money market account or savings for 3 years you would have a nice amount of money saved. That is about $20,000/year plus any interest. You would have at least $60,000 to pay down plus selling your paid for truck would give you even more money to pay down on a new truck or buy an almost new truck and pay cash. 8)