I am looking at buying a new 10 car hauler to help out with moving cars across the country for a car dealer I am with. I have a couple questions for experienced car haulers about hiring a good driver. I am located in Utah, but the cars are back east.
I figure I can pay between 35 and 45 CPM to a driver to make a run, is that competitive? Being more of a side business, I wouldn't provide benefits, just a contract to make the run. Also, I would only need them to make the run once a week, which would put them on the road 4-5 days. Is that even worth it to an experienced driver? I can offer some flexibility, letting them decide which days to drive during the week. I have also looked at getting a few different drivers so it could be spread out (1 week on, 1 week off etc.)
Obviously, if I am putting out the money to buy a brand new truck, I want someone who has experience and has a clean record. How difficult would that be given what I can pay?
Other advice?
Looking for advice from experienced drivers
Discussion in 'Car Hauler and Auto Carrier Trucking Forum' started by Carhaul, Jul 30, 2014.
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So you can swing $275,000 for a new high rail 10 car stinger & want to pay an experienced operator $.35 cpm? Why would he/she bother when they can roll down the road pulling a box van & do nothing with very little responsibility in comparison? Also, have you even looked at what insurance will cost you as the owner with no experience?
Not intending to be disrespectful, but for the little volume you are doing, you are better off sticking with sub contractors.Dorsey Thanks this. -
So what would be a competitive CPM rate? To answer your question, obviously they wouldn't bother, but that is why I asked the question in the first place.
I have looked at the insurance and know what the cost is. I am not just figuring I can buy a truck, hire a driver and..poof I am in the business. -
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A % of the money made on the load? What is a standard % split?
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Pay 25-30% of the Gross load pay that is what most O/Os do i wouldn't work per mile.
Also you will have to find other loads unless you find a retired dude that doesn't wont to work more then a few days a week.Carhaul Thanks this. -
Thanks, that is really helpful.
I have enough demand to keep the truck as busy as I can find drivers (we could move 200 cars a month). My only concern is that, from what I had heard, it is hard to get good drivers that want to spend that much time on the road. They would rather do local stuff so they can be home at nights and on weekends. That is why I was thinking a competitive CPM with only 1 trip a week might attract someone who had experience, but wanted more flexibility. But, from what I am gathering, it would be best to pay a % and just give them as much work as I can, right? -
Why dont you stick to selling cars and let car haulers stick to hauling cars.
mrclean30032 and SLANT6 Thank this. -
Percentage of what? What history is a driver going to have to base his decision on as this is a new venture?
Do not see how this is insurable or even quotable for insurance with zero history & no known driver record. Then add the already stated can afford $.35-$.45 cpm with no benefits? So percentage does not matter
if that is all that is in the budget. It is what it is going to be.
Was approached yesterday while delivering at a dealership by a driver for a large company with insanely good benefits & pay telling me they have 20 openings & cannot keep good guys around.
The driver gets zero anything for me hiring on as he gave me the website to apply at, there was no recruiting bonus or anything of the sort for him aside from getting help. -
I was thinking of of opening a small car sales lot. Do you think I could pay an experienced salesman $10 per car that they sale? No benefits(side business), just a strait $10 per car sold. Im trying to be competitive on the price. Is it? Im flexible on when they would want to work.
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