I'm thinking hard about buying a used car hauler. It supposedly is in good shape, and ready to work. It is $22,000 I have $5,000 on me. So, obviously I'd need financing. I have a number of questions about this.
Here's a quick description of my situation. I'm a single, no kids 30 yo male. I currently drive local for Sysco Food service. It's a good union job, that has amazing benefits. But I asked myself after working here two and a half years, will I retire with this company? I told myself, no... My back is killing me, and I have tendonitis in my shoulders, and hips from this job already. So, I'd like to get back to car hauling. I'd like to have my own truck, and lease on with someone.
Is this crazy? (Should be the first question).
Is this a horrible time? (Weak economy, but looks like it is picking up a bit).
Who would finance me? How much am I looking at for payments?
Should I look at newer car haulers instead? (I like the low price of this truck, but it could be a shop queen).
Thanks for your opinions.