Construction Bargain Strategies
11-40. Rent a big truck. - Electronic Edition
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When Floridian Dave S. lived in Dallas, he met guys who brought big rigs down to that market from NY, NJ, and MI. The construction materials were so much cheaper in Texas, it was worthwhile to own or rent a big truck (you’d need a Commercial Driver’s License) for maybe $200 a day, and $1 a mile and making the 2,000 mile trip. (Cost: $5,000) We know O-B’s who saved around $40,000 by buying cabinets at the KraftMaid outlet in Lordstown, OH and hauling them elsewhere. (You could vacation there – sleep in the fun truck with a sleeper? – or even at the fun KOA and get two weekends’ shot at it before coming home. If it’s just cabinets, you could rent a much smaller truck.)
Dave says these guys came down to Texas for plumbing supplies, fixtures, kitchen appliances, cabinets, roofing, lumber – you name it. He says there was a 50% savings from the least expensive materials markets to the most expensive. To test this, study housing costs for metro areas around the country. O-B Peter C. discovered that Home Depots in one state vary widely in their pricing. You’d think it would be standardized, but the chains price to what the local market will bear. Computer pricing models, and all that. A recent article in U.S. News & World Report Listed ten “Bargain Retirement Spots” with interesting demographics: Location Median Home Value Cost of Living State Sales Tax Dahlonega, GA $233,100 .3% below U.S. average 4% Kennebunk, ME $295,200 17.7% above U.S. average 5% Fredericksburg, TX $118,300 21.4% below average 6.25% Melbourne Beach, FL $425,500 32.2% above 6% Natchitoches, LA $107,800 21.9% below 4% Salida, CO $185,500 4.2% below 2.9% Sandpoint, OH $173,600 6.7% below 6% Yuma, AZ $197,400 2.2% below 5.6% Yucca Valley, CA $190,500 1.7% above 7.25% Boone, NC $185,500 11.1% below 4.25% Another angle on this would be to make a specific buy and use a trucker who is going from that market to you anyway. Get a guy local to you who hauls something into that region, and schedule him when he would be deadheading back for an economical haul. You can use a frequent flyer pass to go to the market and handpick your materials and send back with him. You could develop a relationship for several trips. Can find truckers using the bulletin board at truck stops in either place, or on the Internet.
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