(Please Advise Us with new truck pricing)

[garman351]

"Hello everybody, I hope your day is going well."

We are looking at a new Freightliner straight truck and a couple of dealers they are trying to offer us a new truck for full retail!

Nobody buys cars at full retail etc.

I keep hearing their is hardly no mark-up in a new truck, "Ya right."

What % should I be looking for off list price?

Also extended warranty's as follows.
Allison Auto 5/500,000 miles $900
Cat 335HP 5/500,000 miles $970
Turbo 5/500,000 miles $$625
Injectors 5/500,000 miles $515
Water Pump 5/500,000 miles $300

Were talking $3,310.00 of extended warranty's

(WHAT SHOULD WE DO GUY'S)

On top of a very expensive truck now throw in the warranty's = We dont know what to do or even buy a new truck.

Thanks
Garman
(Truckers America's unsung heroes.)

 

[dhalltoyo]

I have a fellow church brother that has a Freightliner parked in our church's lot.

He has downsized into a different truck. It is for sale if you are interested.

In his opinion, and the opinion of other drivers I have met out on the road is: Freightliner can be defined as: When you come back for service don't forget your wallet, because you are going to need it!

 

[davekc]

There are plenty of dealers, so I would shop around alittle. Because no one wants a 07 emissions truck, supply will be tight and any discounts limited. If you are on a real tight budget, maybe a used late model truck would be worthy of consideration?
Just a thought




Davekc
owner
21 years
PantherII
EO moderator

 

[themagicoen]

You have to remeber that there is alot of hands in the cookie jar when it comes to buying a new truck. Lets see, you have the base truck dealer, sleeper dealer, cargo box dealer, etc. Yes, there isn't much markup but being that there is alot of people adding a little markup it may seem like a lot. Now I don't know if your a team or who you work for but Bobbie Synder at Fyda Columbus will set you up with evreything you need - a 2006 m2, 96" sleeper, gen set, extra warrenties, saftey equipment, cb, etc for $116,000, $15,000 down and your out the door with a $2500/month payment - which isnt hard at all to make being a team + your maintence is going to be real low.

 

[Tennesseahawk]

$15,000 down and $2500/mo payments? That's why ppl go broke in this business! You always have to take into account one or both drivers not being able to drive, for one reason or another. Not to mention how good freight is from week to week. A couple bad months, you're looking at the poor house. With that kind of payment, you're almost insuring that truck is going back to the lot at some time in the future.

Best bet... find something a few years old. If you can, pay cash. You'll get more out of a used truck than you will a new one where the payment is $2500 a month.

 

[LDB]

Before you finalize anything talk to Jon Mosier at FL of Knoxville. They are on the EO homepage to get the number. Jon is a stand up guy and will not give you any baloney like a lot of them do. Jon is one of two truck salespeople who are the best. The rest are just that, the rest. Good luck to you.

Leo Bricker, owner trucks 3034, 4958
OOIDA 677319
73's K5LDB
Highway Watch Participant, Truckerbuddy
EO Forum Moderator 1+ Years of Service
-----
Support the entire Constitution, not just the parts you like.

 

[davekc]

I am with Leo on that. Jon Mosier has the Sterlings which are real nice rides. If you are certain you are going new, then you would do yourself well to give him a call. We have bought from him in the past and have been quite satisfied.
If trying to stay real economical and still want to go new, on the front page is a article on Hino's. Jeff Brown is a great guy and that would be a avenue to look at as well. Just depends on what you want, and how much you are going to spend.





Davekc
owner
21 years
PantherII
EO moderator

 

[corehyper]

What about the new Hino's toyota are selling at Alumabunk? They seem to be a great deal at 70K. 96 inch sleeper 3yr unlimited miles Warr and 20 ft box w/ dolly legs. 7K down and 1600 a month. something to look at

 

[LDB]

I'd do more research on that keeping in mind the old saying "you get what you pay for".

Leo Bricker, owner trucks 3034, 4958
OOIDA 677319
73's K5LDB
Highway Watch Participant, Truckerbuddy
EO Forum Moderator 1+ Years of Service
-----
Support the entire Constitution, not just the parts you like.

 

[davekc]

I'd do more research on that keeping in mind the old saying "you get what you pay for".
==============================
You are so correct. But on the other hand, you can over pay and or over spec for a truck in its given application. I know I have been guilty of that on more than one occassion.






Davekc
owner
21 years
PantherII
EO moderator

 

[ratwell71]

You are on the right track. Look at the "warranties" offered and what they cover. A good company will stand behind their product with a longer warranty if it feels it has a quality product to begin with. Do research on recalls? This means going back to prior years as well. Poor product quality will cost "you" for many years. When sales are down the companies rely on their service and part's department to bring in revenue. As far as price, look around and compare prices for the same vehicle at several different places. Then come up with an average. Someone else mentioned another good point, always think about the application. How will you be using this truck? How much weight will you carry? What regions will you be running? Mountains? Midwest? West coast? It makes a difference. Have the salesman explain to you about the difference it makes on how the truck is geared, etc. How long do you intend on keeping the truck? I usually keep mine for about 2.5 years and then I trade. Never pay cash outright for a vehicle. It will not give you anymore leverage than the next guy who is financing. Have you considered leasing? Each situation is different so if I failed to list something I apologize in advance.

 

[LDB]

I'm going to say it once more because it is SO worth repeating. You need to combine a good truck AND a good truck sales/service facility/person. There are places that have one but are not so strong on the other. I know of two places that fit that bill. I've worked with both and would go back in a heartbeat. THE two to work with are Performance Kenworth in Houston and Freightliner of Knoxville and THE ONLY TWO PEOPLE TO TALK TO at those dealers are Fred Sargent in Houston and Jon Mosier in Knoxville. They are stand up men. Whatever they tell you can be stamped 100%. They don't try to put rose colored glasses on you. They don't blow smoke. They don't try to sell you anything, they help you buy what's best for you.

Frankly, they don't need your business and that's one of the things that makes them so good to work with. They want your business and will give 100% when working with you. Buying an underpowered truck that will struggle often and burn itself out too soon just because it's cheaper isn't the way to go. Good equipment with good people standing behind it is. The price may be higher but the cost is lower and costs are what break you not prices.

Leo Bricker, owner trucks 3034, 4958
OOIDA 677319
73's K5LDB
Highway Watch Participant, Truckerbuddy
EO Forum Moderator 1+ Years of Service
-----
Support the entire Constitution, not just the parts you like.

 

[garman351]

Thanks everyone for the help!

We plan on leasing only because we get 100% write off.

I'm still confused on the dealership's mark-up and have no idea
what a good deal might be at this point, other than shopping around?

Also the extra warrenty's can someone help me on this. As previously mentioned it will cost us $3,310 for 5 year 500K extended service warranty's on the the various components. I have been told any major repair alone would be more than the whole service package all together.

I have considered used units, but you run into thinking about all the misc repairs & down time on an older unit?

Garman

 

[davekc]

Probably true on the warranty. It isn't hard to rack up a $3,000 repair bill. The other option is to shop a used truck that still has some warranty left on it.
The other item to consider is what does the truck really cost? You have to figure the total price plus the interest.
With regards to a lease, you can't structure the percentage of deductions through the life of the truck. Just your lease payment.
The other consideration is the balloon at the end. Truck may not be worth that predetermined amount. You would be obligated for the difference which could be signifacant.




Davekc
owner
21 years
PantherII
EO moderator

 

[corehyper]

if you got a Hino that only gets 5MPG then there is something wrong with this truck. because the hino I drove is the same truck and I got 11 all day long.

 

[TeamCaffee]

We got our truck from Middle Georgia and as far as we are concerned Heath and Wes are the best to work with. We have had our truck a year and they are more then willing still to answer all emails or calls on anything regarding our truck. We called several places and as a first time truck buyer most would not give us the time of day. Wes and Heath acted as if we where the most important people in the world. They get our vote any day of the week.

 

[ATeam]

garman351 wrote, "We plan on leasing only because we get 100% write off."

Garman,

If the tax write-off is your only reason for leasing, as you say it is, I urge you to reconsider and to consult an accountant that knows the trucking industry. I can refer you to one if you wish. Others in the forum can too. Truck leasing decisions involve much more than tax benefits. You can put yourself in a real pickle if you are not fully aware of all leasing aspects.

You are asking people here to tell you what to do, so I'll be blunt and say, DO NOT lease a truck without talking to a qualified tax professional first. If necessary, pay the man or woman for his or her consulting time. You will be money ahead if you do.

 

[garman351]

Ateam:
First off I'm not asking anybody to tell us what to do, and I fully understand what we are doing about leasing!

Leasing for us with an a high purchase option works the best, because it keeps our monthly payments lower and in the end we are just turning in the truck back to the lender so were not trying to sell a used truck with a lot of miles on it after we pay our purchase option.

Here is the problem their is no blue book for used & new trucks that I have heard of?

So I'm asking brother & Sister drivers out their to help us try to figure this thing out. Experience is gold in this business and getting good advise from fellow truckers means everything to us.

If more People payed attention to "Expediters on line" More people would be in business today and could have possibly made less mistakes that cost them their hard working money or job's.

Thanks to every body who has replied to me, but I still have no idea still on what truck mark-up's are and what a fair deal is! The problem I see right now is the dealers are cocky because the 07 units that will be coming out later this year will be more expensive due to the emissions demands made on new trucks.

Garman

 

[themagicoen]

edited

 

[GUNSLINGER]

Please give me a call at your convenience and I would be more than glad to have a very candid conversation about purchasing a truck. You may find I am a little more forthcoming than a lot of the guys you may have been dealing with up to this point.

Jon Mosier
800-241-0138 ext 1101