An Easy Way to Get Your OWN TRUCK !

DoubleDear,

Thanks for the information. You provided some great food for thought. I hope you'll continue to post both your and your husband's experiences. What a great resource for those of us who plan to follow a similar path.

Andrew

 

I second Andrew. My husband has just started, but would like to own his own truck someday. If you keep posting, I will surely follow.

 

I am looking for a truck to buy this month with a deal like this if anyone knows of one within about 250 miles of Dallas area....

 

lady dallas driver,

post an on cl and i'm sure you will get responses. also, look on truck trader, truck paper, and the such. my friend is in that boat right now and waiting for the good deal to come along.

KH

 

In a round about way, thats how I got my first truck. I saw an ad for end dump drivers wanted. I called him and explained I did OTR for (at this time 6 years). He told me he needed people with thier own trucks but I must have talked the right stuff. He said he would buy a truck up to 20,000 and I would just pay him back. $700 a month for my new 94 KW T800 complete with wet kit. I did 50%OTR and 50% city work. I could have paid it off sooner but took my time and paid it off in 2 years and three months.
Like an idiot, I sold it to another driver because I was going to try the college thing.
I just signed papers on my second new truck officially today with a dealer.

 

yep,and when making the Payments you can talk that and that,and may get a Job then and when too.Just in hard Time is working together importand.
well done Double Dear

 

WHY DIDN'T I THINK OF THAT!!! I've been a driver for 6yrs and I've done a bit of OTR, Reigonal, and Local str8 jobs. I've been around my share of good trucks AND DEFINITELY BAD TRUCKS!!!! I went to used truck dealers and they're all saying I can get one, I just need to find work BEFORE I get it.

I'm somewhat mechanically inclined and I have some tools, But I just don't know all that much about trucks. I CAN learn. I also want to get my own authority. But I'm being encouraged not to by dealers. But should I? If I can get good loads and a good broker - like PharmPhail - I'm sure I can do it. I'm also thinking about learning HOW to be a broker myself...

 

I have bad credit, say OO willing to make payments and i have $1000 for downpayment, do you think we should go to bank for the contract or it should be a mutual hand written contract please advise. thanks

 

First off a grand down is nothing, it should be at least 5 or close to ten.

Second there is no way to guarentee your payment will be made unless you have the experience behind you so it would be a hard sell for an owner to part with their truck unless it is cheap or junk.

third a contract should have at least one legal professional look at it to make sure it benefits both parties.

If you have bad credit, then fix that, it takes time - I know, I've done it a couple times. Then get yourself a plan and stick to it.