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Hello, and happy Monday. My name is Jonathan Guthridge. I own and operate Budget Movers in Beaverton, Oregon.
I have $32,000 dollars - of which I would like to spend no more than $20,000 for a moving truck. (I need to have a cushion for repairs/DOT compliance/decals/maintenance/unexpected disasters etc...)
I presently lease a 2015 Hino 268A from Enterprise Commercial Truck out of Tualatin, Oregon with a monthly lease payment of $1,850.00 + .14 cents per mile. Which equals out to roughly $2,250.00 - $2,500.00 dollars per month. Now the positive here is that I don't worry about any damage or any maintenance, it's ALL paid by Enterprise.
My goal is to save money monthly/increase profit. To do this I want to break my lease and give the Hino back to Enterprise and buy a truck cash.
My presupposition/assumption is that if I own my trucks outright, I will increase my profit margin. My fear is that this will not prove to be true if I buy a lemon. My presupposition is based off this verse: Proverbs 14:4 "Where there are no oxen, the manger is clean, but abundant crops come by the strength of the ox." In paraphrase: "Where there are only lease trucks, you don't worry about maintenance and problems, but abundant revenues come by the strength of an owned truck" So essentially you have to start shoveling
if you have a bunch of oxen in the stable. "More trucks, More problems"
99% of my operation is transport of used household goods locally within a 50 mile radius of Beaverton, Oregon.
I give all that backstory because I feel it is important to explain WHY I want to purchase a truck, to open up my presuppositions for critical feedback and counsel.
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Now, on to the question: This is the truck I'd like to purchase. Here are the specs:
A) The truck has over 300,000 miles.
B) The truck has the C7 Cat, which if I've read correctly is NOT as reliable as the MBE-900 or the Cummins ISB. and
C) The truck is automatic. (More likely to fail, but my drivers can not drive stick)
What would you offer for the truck or is this a good deal? Any thoughts/feedback? Thank you!
Bonus question: How much do you pay for monthly maintenance on an older M2?
Hello, and happy Monday. My name is Jonathan Guthridge. I own and operate Budget Movers in Beaverton, Oregon.
I have $32,000 dollars - of which I would like to spend no more than $20,000 for a moving truck. (I need to have a cushion for repairs/DOT compliance/decals/maintenance/unexpected disasters etc...)
I presently lease a 2015 Hino 268A from Enterprise Commercial Truck out of Tualatin, Oregon with a monthly lease payment of $1,850.00 + .14 cents per mile. Which equals out to roughly $2,250.00 - $2,500.00 dollars per month. Now the positive here is that I don't worry about any damage or any maintenance, it's ALL paid by Enterprise.
My goal is to save money monthly/increase profit. To do this I want to break my lease and give the Hino back to Enterprise and buy a truck cash.
My presupposition/assumption is that if I own my trucks outright, I will increase my profit margin. My fear is that this will not prove to be true if I buy a lemon. My presupposition is based off this verse: Proverbs 14:4 "Where there are no oxen, the manger is clean, but abundant crops come by the strength of the ox." In paraphrase: "Where there are only lease trucks, you don't worry about maintenance and problems, but abundant revenues come by the strength of an owned truck" So essentially you have to start shoveling
if you have a bunch of oxen in the stable. "More trucks, More problems"99% of my operation is transport of used household goods locally within a 50 mile radius of Beaverton, Oregon.
I give all that backstory because I feel it is important to explain WHY I want to purchase a truck, to open up my presuppositions for critical feedback and counsel.
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Now, on to the question: This is the truck I'd like to purchase. Here are the specs:
- 2006 24' Freightliner M2 box truck.
- 303K miles
- C7 CAT 210HP
- Automatic
- Air Ride
- Role up door
- 3000 lbs lift gate
- AC
- Cruise Control
- Duel 50 gallon fuel tanks
- HID head lights
- This has been a great truck for me. Its in great shape and I'm only selling it because I am getting a new one.
A) The truck has over 300,000 miles.
B) The truck has the C7 Cat, which if I've read correctly is NOT as reliable as the MBE-900 or the Cummins ISB. and
C) The truck is automatic. (More likely to fail, but my drivers can not drive stick)
What would you offer for the truck or is this a good deal? Any thoughts/feedback? Thank you!
Bonus question: How much do you pay for monthly maintenance on an older M2?
