Introducing the Diesel Doctor
Each week the Diesel Doctor will answer your questions for under the hood
Hey Big Rigs, I have had an older model Kenworth for some time now, I bought it second hand and love it to bits.
I’m an interstate driver and service it regularly but lately is seems like I am just building a new truck one piece at a time.
How do I know when I just need to bite the bullet and get myself a new engine?
Great question and yes sometimes with an older vehicle it is like trying to see the forest for the trees.
Some of the factors you need to consider when you feel like you are building a new truck one piece at a time are the costs of continuous repairs and downtime, putting in a new or exchange engine or buying a new truck.
As you know the constant cost of repairs add up quickly, you could continue repairing the current truck but you also need to factor in the downtime and loss of income.
Continuous repairs and downtime is one of the biggest profit killers for owner drivers.
Buying a new engine is sometimes inevitable as a vehicle gets older.
New engine prices tend to get up there in price so look at exchange engines as well and remember to ask about warranties.
Another thing I would recommend is to get pricing on a new truck.
You might find that the cost of constant repairs versus the weekly/monthly repayments on a truck are comparable.
You should also consider options when buying a new vehicle as some of the larger truck OEM’s (original equipment manufacturers) have service and maintenance agreements, so that you have a fixed weekly/monthly repayment which includes all your servicing and repairs, some even including parts.
I know this is sometimes a big help with owners knowing the fixed price and as you know, trucks can have unexpected repairs, it’s always good to know that repairs won’t catch your bank account by surprise.
Resale on a newer, well maintained truck will be much better as well as an older vehicle even though it has been well maintained you will not get your money back upon sale.
Newer engines or trucks will have less downtime so that you can be on the road making a dollar instead of spending one in the workshop.
❝downtime Continuous repairs and is one of the biggest profit killers for owner drivers
— Diesel Doctor