When Should you Buy a New or Used Semi Truck? (Company Drivers, Owner Operators, Lease Operators)

At some point you are going to look at buying a truck. So, when should you buy a new or used semi truck?

What are Ronen's golden three rules when purchasing a truck? Is it worth it today to either buy a brand new truck or a used truck? What are the PROS and CONS of both?

When you're looking for a new or used truck, what is the most important thing you look for when buying a truck?

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00:00 Introduction
00:35 Price for a new truck today
01:16 Price for 4 year old truck today
01:30 Comparing prices
01:53 How to structure a truck lease properly
02:06 2023 Freightliner Cascadia compare to 2018
02:24 Cascadia pricing
03:02 Vista Trans Info
03:48 Finance loan calculator
06:11 8% vs 18% interest rate
06:58 9% vs 13% interest rate
09:26 Stats for non-idling driver
10:02 Fuel & energy stats for idling driver
10:37 Comparing run time over 4 years
11:00 What to look at when buying a used truck
11:30 The most important thing to look for when buying a used truck

[BTUTrucks]

I’ll be buying a truck in the next 6-12 months. Only looking at trucks with APU’s and Espar (or similar) heaters. That should be a good indicator of lower idle hours which are one of the biggest killer of engines, emissions systems and take-home pay!

[Burroughsbikebuilds]

I just bought a late 2017 cascadia with 600k miles for $65k at 11%. 747 credit. $49k financed. $1700/month. Local truck. 40-50k miles a year. Engine hours are low. Has APU.

I wasn’t aware some of these used units were $140k+. I thought I overpaid.

[rg]

This must be Canadian because $160K for a used semi with 500K miles is way high in the US.

[miguelarrioja]

Bro those numbers are wrong… the prices changed

[jiroh]

Favorite trucking channel just hit 100k subs hell yeah

[MINDSPARK-ue]

8:45
_Yes, engine hours is extremely important, diesel engine. I was determined the life of the engine not the mileage, a truck that does not have an APU unit on it can end up being a trap, deceptive._

_I know for certain Detroit engines after 2018 is 15 to 20, 000 engine hours before the bus or before you need a major overhaul, the Cummins engine after 2018 is 20, 000 engine hours to 25, 000 engine hours before the next complete overhaul_

_I don’t know anything about the Mac engines, Volvo engines, or the Paccer engines_

[sashasandeepverma]

Hey I watch your videos a lot
I’m looking to buy Freightliner with x15 Cummins efficiency series
Can you guide a little on that please ?

[joseguerra]

I’m new to even the thought of buying a truck and I’m so glad that I came across your videos. This is a tremendous help.

[matthewbrown]

I worked in Operations with a heavy / medium transport company. We ran our own depot & had fuel tanks onsite. These were used to fuel up the smaller vehicles & often our Sub Contractors accepted part payment in fuel to get moving after they were loaded up. We had proper Amenities with showers, canteen & meal rooms. As a new person I got to hear the woes of Owner Operators who worked huge hours but were often awaiting payment. We ensured ALL drivers could get proper rest breaks whilst their loads were unloaded or loaded. Often drivers refilled their water tanks, had a cooked meal & rested their bodies at the same time. Tyre Checks / air fills were done by yard staff & often the fuel top up was enough to get them moving until the next drop off or until they were paid for their deliveries. Most of these Owner Operators were working from week to week & lived in their trucks most of the time.

[chriskahlson]

Paying for a new truck means you’re basically living to pay off debt, let’s say you had $300k cash, would you buy a truck and try and recover what you spent ? It’s not going to happen because trucking doesn’t pay enough and the equipment depreciates and falls apart !

[btraer]

Good news is 2018 trucks are cheaper than 160k usd.

[alfredothiessen]

Or buy a 40, 000 dollar 20 year old truck and don’t worry about payments and interest rates

[demented_cycles]

The only thing I look at in a truck is how long the hood is

[PoptartGoneTrucking]

💖💖💖💖 I love this channel and you are positive and I see it 💖💖💖💖

[josecaipa]

Good presentation but i can say that i like for you to mention the value of military trucks vs the rest of the others

[markgregoryrugman]

I would look at mileage and hours of idling when it comes to any semi truck if I was going to purchase one.

[unclemonkey]

Thanks for the informative vids as always.

[luiamw]

ThaNx Ronan 1 month ago I bout a 2 yr kt680 171, 000 6000 hrs $2000 a month OTR thaNx to your previous videos I'm glad I made the right choice, i was mainly looking for a truck with under 200k miles and not to old never minded the running hrs but now it's one of the first things I'm looking for and advising other ..happy belated birthday 🎂 🥳 🎉

[stephenmwangi]

What about for foreigner can they get job

[Turbo-]

Could you make a video on the specking of a truck right from the order form from start to finish?