Newb looking at buying dedicated route

You are buying the truck, trailer and the route for $80k. Do you get a contract for this route. What happens if the carrier looses the route a week after you start.

 

That is a high price for that equipment. I don't know the dry van world. But reading on here your per mile income seems low for the states you would be running.
Oregon WDT is 20 cents per mile. Fuel price is higher on the west coast.

You really need to see all the costs.
You are buying a company driver job and taking all the risk.
Not surprised your friend is getting out of it.
Ask your friend to show you the ugly numbers not just the glitter.

I would not do it.
Good luck.

 

What is this? He paid irs $78k a year?

 

It might work out fine if it goes as planned, but what's your plan if it doesn't? If you dont get on with the new firm, lose the contract, whatever ?

On the face of it I reckon it might well have legs, but I say hope for the best and plan for the worst.

 

I’d want to see all the numbers.

Does he have maintenance records for the truck? I’d at least have it inspected and pull an oil sample - post results here for advice.

$1.80 is ok, nothing to scream about. If it’s a dedicated deal then there’s little room for improvement.

Kinda just buying a job really. The package deal approach is attractive, but I dunno.

122,000 miles a year? About 2300 miles a week?

I think you could get an LTL (ODFL) gig that would actually pay better.

Unless you really want to do the independent thing,

Just my 2c.

 

If the $80k is just for the truck and trailer your paying way to much money.