Happy new years to everyone for starters with this New Year on the horizon I'm looking to buy myself my 1st truck by this summer of 2019 I will have about $50,000 cash
(PRE-EMISSIONS 2001-2004 BTW) And it seems to me like it might be a better deal to buy a truck at an auction versus a dealership because I don't want to buy a truck blindsided and just start working with it whether I buy my truck at a dealership, a private seller or an auction I will nonetheless put money into it to make sure it lasts me at least 1 or 2 years before having to rebuild it.
I would rather overhaul and rebuild a truck then keep buying another.
QUESTIONS:
1. PROS AND CONS OF AN AUCTION.
2. DO YOU THINK AUCTION IS BETTER OR WORSE THAN DEALERSHIP? AND IF SO WHY?
3. WHAT TO LOOK FOR AT AN AUCTION?
4. HOW TO GET INTO AN AUCTION?
LICENSE? PERMITS?
THANK YOU SO MUCH GUYS FOR YOUR TIME AND KEEP ON TRUCKING.
OH AND TAKE OFF 4/12/2019H311 IS COMING DOWN ON FMCSA
AUCTION .VS. DEALERSHIP when buying a truck?
Discussion in 'Ask An Owner Operator' started by JR28262, Jan 5, 2019.
Page 1 of 4
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
You can't really examine much at an auction. Or take it for a test drive.
I see a lot of people get burned on cars alone.
You'll have to do your due diligence in inspecting just like at the dealer. But you won't be able to dyno or oil sample. I'm not even sure if you can even get a ecm dig. You're pretty limited at the auction.
I could be wrong though. -
Speaking strictly for me a couple weeks ago I thought about sending my truck to the Taylor Martin auction at so. Sioux City nebr needing an overhaul thru my company .
They said no way cause they don't want a bad rep on dumping junk on the auction . -
I’ve never been to a auction I believe prices would be cheaper though. However as others have stated there is very little you can do to verify the condition of the truck. However at a dealer you can truly check out a truck get samples. Have a dyno even take it to a independent shop to be looked over!!
-
I get what you guys say but when i truck is selling for lets say $40,000 at a dealer while you can get the same truck for half the price if not less you cant lose.
77fib77 Thanks this. -
It depends what you are looking to do.
If you're looking for a truck that you're going to put a tag on and use and maybe do a few repairs as you use it, I would be very cautious of an auction. Auctions are crapshoots. It isn't that you can't get something good at an auction, a lot of the time if not most of the time people send their stuff to auctions to get rid of them.
Now if you go to an auction where they have like Walmart trucks or something like that maybe that would be okay. But if you go to an auction like an RB auction where there is just a truck sitting there with no history and you can't check it that's a very sketchy thing to do if it's something you're planning on driving everyday.
Just because you get it at a dealer doesn't mean that it's something great either. But at least at the dealer you have a chance to really look it over and make sure that it's what you want.
So if it's something you're going to buy and you don't mind working on it or having somebody else working over with everything that you find and you can have plenty of time like a year or whatever time frame before you start, that's fine.
But I would be very hesitant to buy a truck at an auction that you think is going to be 100% dependable and it's going to be your bread-and-butter everyday.
And for what it's worth I knew a guy that bought a truck at an auction he pulled out of the auction made a right turn climbed the hill and the engine blew up.
Luck should not be a factor if it's something that you are going to depend on every single day for your income.IluvCATS and rabbiporkchop Thank this. -
-
....
Unless you bought it dirt cheap and rebuilding ( with enjoyment ) yrself ..
Here is sample :
You can buy truck and keep investing , by the time you done - more $ invested usually than planned and if you want to sell it - will never get your money back . I think it's better to find well maintained truck from owner or someone who downsizing and get better bang for the money . I have 1999 kw w900l that I invested around 22-24k for the period from may to September that now sitting on the parking lot , I can still sell it probably for good money but I won't get as much as I investedrabbiporkchop, blade and Dino soar Thank this. -
...u won't believe what and why sold on the auction ... sometimes you can buy shiny pos and think what was better : 40k dealer or half price auction and 40 after ...I was buying cars and semis before and fixing ( not personally , mechanic did )them to flip ...
trucxktrip Thanks this. -
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 1 of 4