Madsen Truck Will be Sold Soon

ATeam

Senior Member
Retired Expediter
A number of EO readers have asked to be notified when our truck will be for sale. Thus this post. Your requests are hereby fulfilled.

We planned to sell it after our first fitness club was up and running, a few months from now. The idea was to keep the truck as our Plan B if the gym business did not work out. That has changed. Things are getting busy now, well before the gym is even built, and the activity is such that there is little doubt that we will do well. It no longer makes sense to keep the truck. It will be for sale soon.

We will advertise it here in the EO classifieds after we get our stuff out of it and it can be immediately delivered to whoever buys it. The plan now is to drive it to our Volvo dealer in New Haven, IN (Fort Wayne), park it on his lot and let him handle the sale. If all goes well, the truck will be sold, and we will be that much more free to work on our new business, by the end of this month.

Expediting has been a fantastic ten-year run for us. Our next adventure now has our full attention.

We will be driving the truck from Minnesota to Edgewater, Florida (I-95, MM 244) starting today. It will be in Florida for a week or two. Then we will drive it to Indiana to put it up for sale (if it is not sold sooner) and bid a fond farewell to our beloved "Little Putt Putt;" a wonderful machine that has served us well.

now_landstar.jpg



now_landstar.jpg
 

ATeam

Senior Member
Retired Expediter
I should add, we're not going to be stupid about the sale price. Naturally, we'd like to get the highest price possible, but it's a truck, not our feelings about it that we are selling. Our dealer is working up a ballpark range now. He will be our guide. The truck will likely sell for its fair-market price.
 

paullud

Veteran Expediter
Hopefully the new journey goes smoothly and I will keep an eye out for the ad.

Sent from my SCH-I535 using EO Forums mobile app
 

ATeam

Senior Member
Retired Expediter
One more thing to add; our dealer mentioned yesterday that he can help people with financing if financing is needed.

We will not be putting a driver in the truck or renting it to somebody or selling it on a contract. It is a quick, clean sale that we seek.
 

davekc

Senior Moderator
Staff member
Fleet Owner
Truck looks like it still has a lot of life left. Sadly, many of those trucks take a hit in the value department because of California Carb. Just another place that government costs people money for no apparent benefit. Good luck on the sale.
 

Slo-Ride

Veteran Expediter
She is a clean looking truck and should have some good life in her..would luv to have that house on it but sadly its way to much truck for what I do..
Hope she sells fast.
 

xmudman

Veteran Expediter
Owner/Operator
I'm 113 miles away. If only I had the money and the CDL. Sigh...

Sent from my SCH-I110 using EO Forums mobile app
 

zorry

Veteran Expediter
When I sold my COE I got my truck equipment to a storage unit in Ohio, just a few minutes from the dealer.
The day I picked my truck up, I got the equipment, returned our rental car, and was off to Green.
Since you'll be at ARI, you might want to consider a similar move. Take the truck to New Haven and clean it out.
You'll be amazed how much stuff you have.
Rent a van and drive your stuff down. Or put it in storage and grab it at your convenience at a later date.
Unless you can load South and North again, the numbers on this may look good on paper.

What's the lifetime fuel avg ?
 

ATeam

Senior Member
Retired Expediter
When I sold my COE I got my truck equipment to a storage unit in Ohio, just a few minutes from the dealer.
The day I picked my truck up, I got the equipment, returned our rental car, and was off to Green.
Since you'll be at ARI, you might want to consider a similar move. Take the truck to New Haven and clean it out.
You'll be amazed how much stuff you have.
Rent a van and drive your stuff down. Or put it in storage and grab it at your convenience at a later date.
Unless you can load South and North again, the numbers on this may look good on paper.

What's the lifetime fuel avg ?

I do not know what the lifetime fuel average is. The truck gets between 9 and 10 mpg, sometimes more, depending on speed, wind and terrain (and altitude, outside air temp and a host of other factors if you want to get technical).

About the equipment. The truck cab and sleeper and toolboxes will be emptied at our house in Florida. In that good weather, we will thoroughly clean the truck and remove the lettering (a Landstar requirement). Then it goes to the dealer to be DOT'd and sold. Most freight handling equipment (white glove equipment) will be left with the truck for the new owner to use, sell or toss in the dumpster as he or she deems appropriate.

This includes two dozen furniture pads, a dolly on which the folded pads are stored and a custom-made vinyl cover that keeps the pads clean and dry, an appliance dolly, pallet jack, straps, load bars, SNOW SHOVEL, mover's rubber bands, band hangers, and more; all in good condition (though, the pallet jack could use a paint job).

If someone wants to buy this freight-handling equipment, we're happy to sell it but the buyer must make it easy. We're not going to go out of the way or put a lot of time into delivering it.

It is of course up to the next owner of the truck to do what he or she wants to do with it. My thinking would be to run it as an expediter and pay off the used-truck price for which it was purchased. Then run it until it is not longer economical to run, which could be another 800,000 miles or several years. Then take the sleeper with you to the brand-new truck you purchase with the money this paid-for, low-cost truck made you.

Others have talked about taking the sleeper off now, selling the truck body, and turning this tandem-axle truck into a tractor by adding a fifth wheel or turning it into a dump truck by adding a dump body.

There are as many options as people can think of. It matters not to us what happens to the truck once it is sold. We are done with it. Our hearts and minds are fully into our new business. It's time to get rid of the truck and move on. Once it is parked on the dealer's lot, all that will remain is for him to find someone to buy the truck and send us the proceeds.

We do not have to wait to bring the truck to Indiana to sell it. If a buyer emerges sooner, we'll sell it sooner. The truck is at ARI in Shipshewanna, IN as I write this. It will be driven to Florida when we are done here. It will be in Florida for a couple weeks and then driven to Fort Wayne (VoMac Truck Sales) if it is not sold sooner.
 

zorry

Veteran Expediter
Moving the sleeper to a new truck is a good idea.

Removing it with hopes of reselling it not too good of an idea.
Very hard to resell a large sleeper.

I would think the chassis would make a good conversion, alas there will be lots of 07's that fit that bill.

Best use is probably as Phil has it figured. Non-California Expeditor .
Large enough for homeless empty-nesters.
 

KickStarter6

Veteran Expediter
If it weren't for the taxes,start up costs, lack of CDL, experience, and my lack of brains at times I'd love to buy that truck then reuse the sleeper on a new truck. But I can dream lol
 

runrunner

Veteran Expediter
If it weren't for the taxes,start up costs, lack of CDL, experience, and my lack of brains at times I'd love to buy that truck then reuse the sleeper on a new truck. But I can dream lol

Maybe you don't have the money but you got the brains, it sure would be lots more comfortable than a van. Talk to Daddy! LOL
 

KickStarter6

Veteran Expediter
So now he gets half of this and 60% of the sprinter he has on the road. So of all goes well he hope to get 1 or 2 more vans in the next year or so. He says this is his retirement plan
 
Top