Ok here's my deal, I'm a company driver making 60k a year. I got plenty work if I bought my own equipment. Let's say I would avg 800 a day everyday with days over a thousand. My problem is coming up with money to buy trucks. I would have enough work for about 5 trucks everyday with $800 per truck. Miles would be 400 max per day. ( don't know Desiel consumption). I work for company that hauls for brokerage company which pays me $379 for 2 day trip and they are paying PAC lease on 2014 kw. I was told $800 a day but I seem to think they are getting more then that if they are paying me and truck lease.
Not trying to discourage you. You need to reconsider your plan or should I say really think this out. The expenses for running a truck for a day as well as hiring drivers with good pay including benefits. There is a lot involved in the operation of a trucking business.
Yes maybe slow down , There a lot to owning and Operating Trucks. If you can't figure out how to buy the trucks maybe start with one there costly Me and my brother own 4 and you never know what the day bring in repairs we do have good runs for months then repairs . Company driver doesn't mean bam great business man . If you know business slowly do it Lil risk is better then all money in .Good luck good CPA too ,
Good way to get your feet wet is to rent a truck (lease option, not lease purchase, also called a walk-away lease, no penalty). I know that Quality Leasing has such a program and Lone Mountain too (I think). Sure that there are others. Lease Purchase (a sales contract)? NO. Lease Option (Lease/Rent with option to buy)? YES. To see if it fits you and your ability to run a business. NOTE: Quality requires you to lease on to certain companies. The list is long. Your company might be listed. So many more not on their website.
Forget that, you won't be able to do it, it takes more than just putting trucks on the road and make the big bucks. The problem isn't getting the trucks, it is getting the $20k per truck as a reserve and finding drivers who won't trash the truck.
