Can a recent CDL graduate finance a NEW truck, obtain insurance and start out as an Owner/Operator? (Rather than starting out as a company driver.) This recent graduate has about seven years experience as a truck driver (driving straight trucks) but no experience with a CDL or pulling trailers.
Please do not waste your time saying that this recent graduate should, 'start out as a company driver', 'learn the ropes', 'drive for a year and see if he actually wants to be a trucker', or that he could 'lose everything if he doesn't know what he is doing'. Lets assume he already knows these things.
Can a recent CDL graduate finance a NEW truck, obtain insurance and start out as an Owner/Operator? (Rather than starting out as a company driver.)
Thank you for any positive input you can share.
Can a recent CDL graduate purchase a NEW truck and start out as an Owner/Operator?
Discussion in 'Ask An Owner Operator' started by knuckledragger, Jun 20, 2014.
Page 1 of 4
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
IF you can find insurance and afford it. Truck finacing can be harder, they will want you to prove where the income will come from to pay the loan. You will also need a trailer.
knuckledragger Thanks this. -
knuckledragger and LittleMissCabover Thank this.
-
Just get your own authority. It's actually a lot easier than you think. And there are some dealers out there that can get you approved pretty easily for a truck loan, I mean it's not like your buying the semi as a second home, of course it's gona be used for work.
knuckledragger Thanks this. -
-
Cardinal Logistics will help you find financing and insurance.Last edited: Jun 20, 2014
knuckledragger Thanks this. -
Skunk_Truck_2590 Thanks this.
-
Does this " New Graduate" have the slightes idea of how much a "NEW" tractor costs ??????
How about a trailer.....?????? ( I would expect the "New Graduate" would love to have that NEW as well.
Good luck .Skunk_Truck_2590 Thanks this. -
An acquaintance of mine from our sister church in Bloomington was in this very situation last year. He got his cdl, bought a tractor and trailer, then leased on with J.B. Hunt. After six months, he started running under his own authority. So yes, it is quite possible.
LittleMissCabover, knuckledragger and Plan-B Trucking Thank this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 1 of 4