To buy or not to buy? 2010 Freightliner Cascadia
Hi, thank you for your time. Here we go:
2010 Cascadia sleeper
10 speed auto
King pins replacement recently
Clutch work recently
Non-service agreement lease
Can't see any major issues but haven't checked VIN or oil yet because I'm leaning towards no, mostly concerned with emissions stuff
Yes, I have done some research on the new emissions stuff and this one should be a 09 engine, pre DEF. I have heard mixed results and some say having DPF + DEF is better than DPF alone. I'm not sure because some say it just depends on the engine and model year.
Now, if you're wondering why I'm considering the truck its because of the price and the fact I wouldn't be taking on a loan for this, I'd take over the lease with option to buy. The guy cannot make the payments because he is not physically able to work right now. I'd be getting about a $8,000-9,000 discount if bought at lease end. According to commercialtrucktrader the average price is $59,000 for similar miles and model year. A rough estimate omitting the well-specd trucks listed on there, I'd say the average price is $53-54k. So yeah I'd be paying about $45k with the purchase, he's already paid about 1/3 of the total lease interest, wouldn't have the loan on the company's balance sheet/books or credit report which is appealing because we are trying to finance and lease several more trucks either through the bank or lenders/lessors.
I've already told the guy I probably won't do it but I'd appreciate some final opinions. And if my analysis is way off somewhere, I'd love to be corrected. Thanks folks.
Is this a good question?