Can’t Sale

Topic 28277 | Page 1

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Ashley H.'s Comment
member avatar

Hello everyone. I’m needing some help. I own a 2011 Freightliner Cascadia 125 and have had it for sale for about 5 months. I was a co owner in, my now ex husbands, trucking business and after some very poor choices on his part he no longer can hold a CDL. I do not hold a CDL. I am a nurse by profession. I have shut down our business and paid all debt off. The truck has a clear, in hand, title and is road ready. It’s a well maintained truck. I just have had no luck in getting this sold. I’m not sure where to really advertise. I have had it listed with trucker to truck, Facebook, Craigslist etc. It was on a busy highway with a lot a semi traffic. My local dealer low balled me which is not a surprise. How can I move this truck? What am I doing wrong? Thank you for you help!

CDL:

Commercial Driver's License (CDL)

A CDL is required to drive any of the following vehicles:

  • Any combination of vehicles with a gross combined weight rating (GCWR) of 26,001 or more pounds, providing the gross vehicle weight rating (GVWR) of the vehicle being towed is in excess of 10,000 pounds.
  • Any single vehicle with a GVWR of 26,001 or more pounds, or any such vehicle towing another not in excess of 10,000 pounds.
  • Any vehicle, regardless of size, designed to transport 16 or more persons, including the driver.
  • Any vehicle required by federal regulations to be placarded while transporting hazardous materials.
Sid V.'s Comment
member avatar

You can try an auctioning service like richie brothers or any that's close to you. Maybe put something up in the local truck stop.

Right now I wouldn't expect to get much for a truck. Too many out here, too many people going out of business so my advice is to hold it if you can. Maybe things will pick up in the coming months. Good luck.

PackRat's Comment
member avatar

You will have a very difficult time now selling. It has been a buyer’s market since around this time in 2019, and I see no end in sight. The struggling economy is putting many single-truck, small fleets, and even larger fleets out of business. Rates are low, there are more trucks than capacity, insurance rates are rising, and large fleets have a lot of power.

You may need to contact a seller, such as Ritchie Brothers, to auction it. Be mentally prepared that you will never get what it’s worth. Do not be surprised to have it paid off and that’s it. Do not be surprised to sell it, yet still owe money afterwards. It’s that bad right now. Wish I had better news for you.

Old School's Comment
member avatar

Ashley, this really isn't our focus or expertise. I went ahead and approved your post because we've got a few O/O's in here who might have a helpful suggestion. We mainly help new drivers and wannabes learn the ropes of this career.

I wish you luck with selling your truck, but you may have to sell it cheaper than you want. That's a 10 year old truck with no "classic" appeal to anyone. I'm sure it works fine, but it's likely going to be needing major work soon. Somebody will buy it, but it's an unusual time right now - bargains are abundant.

You guys didn't time this very well. smile.gif

Ashley H.'s Comment
member avatar

Thank you all. I paid the truck off a few months ago. So it isn’t providing me with any financial strain. I’m prepared to lose money on it. I just want it gone but will continue to exercise patience. I know with an election year everyone is idling. And the trucking business is heavily taxed making it hard to get started, especially right now. I wish I could have chosen a better time but my ex made that choice for me and left a huge mess to clean up on my own with two kiddos. But hey, life happens. I really appreciate your guys’ input! The only part of this industry I’m familiar with is the paperwork part. We’ll see what the future brings! Good luck to you all and be safe out there!

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Old School's Comment
member avatar

Ashley, you might want to try going to Trucker.com They advertise equipment for sale. They also have a magazine, "American Trucker" which has a section for ads of trucks for sale. Once you've logged into the site you can navigate it through the 3 bar menu in the top left corner.

Mikey B.'s Comment
member avatar

Perhaps you are asking too much for it? If it is priced right it will sell quickly.

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