I would follow Rich's advice. Never over extend yourself. Way too many times we see this and what can happen. Many times they look at just that payment, and forget about insurance and other items that aren't covered under a warranty.
If just starting out, start with a vehicle that you can move from one company to the other with the most load capacity. Who is good this year, may not be next. Because of that, a "C" unit has much lower residual value after a year. In otherwords, no real value verses the original purchase price when compared to a "D" unit.
Look at auctions and your question will be answered.
2600 payment means the truck financed is 125,000 to 130,000 with roughly 10 percent down.
Too high for a single or a team just starting.
The other side as Rich mentioned is total payment. I personally like cash for everything. Case in point. We just hired a team that was doing the WG thing but wasn't getting over 2000 miles a week for 4 to 5 months. Well, you quessed it, on the verge of going broke.
We compared statements and he about fell out of his chair.
They got out of their truck while it still had alittle value.
They got in a situation of just staying out to make a payment.
Never assume you can just make a payment.
Flowery tourist stories get real old if you can't make those payments. Kinda like having a RV that you can't afford to put gas in.
Davekc
owner
21 years
PantherII
EO moderator