New Kenworth w900? Worth it?

The way things fluctuate so much it all depends on 3 things that all go hand in hand with each other.
1. Driver (work ethic)
2. Truck (reliability)
3. Economy.
It takes all three at the same time to actually pull of making more than a company driver. More or less you prob make even. I've only been at for 5 months being a O/O and I can tell you that it's almost like being in college nobody makes you do anything. And that's something else that guys kill they self on, too much freedom. They hear guys taking weeks off at a time so then that's their goal but in actuality that old vet that takes off 2-4 weeks been at it for 15+ years and prob managed his business well enough for that time off. I had a week off when I first started when the truck was in the shop and let me tell you missing a weeks worth of pay then having the mechanic hand me a $2200 invoice sucks. Good luck in your endeavor but take this little bit of advice when starting out. Keep cost low

 

Especially now with a lot of oilfield companies shutting down or downsizing. There are all kinds of trucks and equipment from the patch going up for auction.

 

How can someone honestly afford that? $160,000 for a truck? You'd need at least a $16,000 down payment, most likely a $32,000 one to get anyone to finance right? That's insane. No wonder the big companies just lease and then turn in.

unloader

 

There's people that will finance $160K and then some with no money down. It's financial suicide if you ask me.

 

Have you gone to the dealership and found out you can get one for 0% down???? I had a 780 credit score and they still wanted 15k down for an 48k tractor. Granted new units get special deals.

 

That's not all that uncommon. It's a high risk loan. For every guy that makes it as an o/o 99 get their truck repo'd.

 

First time buyers need a minimum of 20% down.

 

It's financially stupid for anyone to ever put less than 20 percent down. The days of easy credit almost bankrupted this country.

 

Buy a new Icon, insure it, arrange a pay for parking deal and then hide your new rig and report it stolen, collect the huge insurance $$. Buy salvage rig for serial, remove serials from Icon and run your new free truck under the salvage serial.
Easy peasy!