Buying A Truck....

I needed more than that to make it with my car hauler,..

 

If you want to drive around working your tail off to maybe make truck payments and pay for fuel,..Go ahead,...But understand that you are the kind of operator that has cut rates and destroyed any hope of a O/O making any kind of profit these days,...And sooner or later some dirtbag outfit will come along and cut your rates and you will be thinking "What Happened" to this industry just like some of us are at this time,...Then you will understand where some of us are coming from....

Good Luck,....I hope you lose everything you own quickly,...It's much less painfull that way...

 

b&t

buy the pete....when the economy swings back around it will be worth more than the shaker....even with pipes a shaker is a shaker

if you have reliable frieght, that pays above average, and can find a consistant backhual that at least covers expences....go for it

the market for trucks is flooded...they just cant sell them...get them down at least 5k under what they are askin

the frieght market, well to be honest just plain sucks........best of luck to you when you jion the struggling masses

and for the record, i agree with 1pissedoff
i havent seen profit in awhile......LOL....its like the lost step kid i always wanted

 

1pissedoffdriver is right about the numbers, a lot of drivers forget to figure medical insurance, tax preparation, telephone, internet, legal services, etc. into their business plan. I have made my career on older used trucks. I have my business out of debt, tractor/trailer paid for. By the way, my current truck has 1.2 million miles on original engine with no metals showing still in the oil analysis.

 

I hate to sound mean but i am not being mean..Even the #### pete will not hold it's value..They have not really been worth much in 5 years or better..Years ago yes,absolutly...Last 5 years,no wayyyyyyyy

Those are even throw aways anymore...Trucking is not what it used to be,by no stretch of the imagination

 

Well whats my excuse if you believe what you just stated here..Mine is paid for and i am telling you that it takes 1.80 a mile to run a truck let alone a business...its simple math...ggeessssssssssssss banging head on table

 

The fact that you have insurance does not negate the fact you have to put it into your business plan. 1pissedoffdriver's numbers are right, drivers that budget "around" things like insurance, telephone expense, internet or any other possible expense you can think of is foolish. We need to be as good business people as we are drivers. Anything less than that is irresponsible.

 

Mr,...I bought my truck outright,....I had my own transport company,.I had my own customers,...I hauled primarily used cars to and from auctions,...And to be honest I did pretty good right out of the gate,...And then the economy went in the crapper,......A couple of my accounts went out of business and the rest got real slow,.....
When things started to go bad, Many of my competitors were hauling for less than fuel just to get something going the direction they wanted to go,....I had a set rate I had to have to move the truck,...I am not going to work for nothing,....So I hung it up and the truck is for sale,...

On the flip side I learned a great deal,..At a very high cost,.....