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| Ask An Owner Operator Always wanted to become an owner operator? This is a place to get tips & advice from owner operators & small business owners here! |
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| Rough estimate on fees, plates, insurance, stickers.....etc Looking to buy a truck and im from Illinois. Not sure if it will be a CLASS A or CLASS B, I might get a 2 axle international truck or like a GMC truck. I will bed doing car hauling, around 4-5 cars. Just to get an idea, what should I expect for the following: 1. Truck insurance: 2. Cargo/bond insurance: 3. License plates: 4. Sticker renewal: misc... fees Assuming good drive record, I know prices will vary, but a ballpark would help. I also might be confusing my CDL class A and class B, whats considered a class B? The smaller international trucks?? TIA |
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| Quote:
I'm local (Colorado only), so my stuff is much cheaper than OTR. Tires, fuel, ongoing maintenance, stuff always breaks. Figure $1/mile in costs and you'll be in the ballpark (that's where my figures fall too) |
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| Ball park estimates aren't worth your time. Too many variables. Go out and get insurance rates with your driving record. Contact DMV and DOT for other fee and permit costs. I know it's a pain in the booty but it's also going to be a good learning experience (geesh, I sound like my Dad). Get firm numbers and you'll know what you're dealing with and who to deal with when the time comes to pull the trigger.
__________________ O/O in Western Iowa![]() |
| The Following User Says Thank You to Gears For This Useful Post: | ||
Tankergirl80 (11.06.2009) | ||
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| i got a ball park of $7k for the truck and about $2k for cargo yr |
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| Quote:
2k a year for cargo hauling cars???????????????????,................ With my ten car hauler my insurance cost were over 15k a year,......... Either you found really cheap insurance,...Or the coverage is lacking,.... |
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| what is your radius? nationwide? and how high is your insurance value at? |
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I am no longer in business,......My freight dried up and what was left wasn't profitable,...So I quit,..... |
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I only lasted a year,....2007 into 2008,.....Things got slow and I had to get out,.... I'm a company man now,.....ltl freight and home every night!! |
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