Becoming an o/o

Chance of making 75K first year isn't that high. Most don't turn profit till 2-3 years after they buy the first truck.

 

I have been driving for 32 years, have been an O/O for 10. Not trying to insult you TrucerPete but I can only assume you are a company driver, with your statement. Think about it, if you didn't make a profic for 2-3 years you would be bankrupt.... Generally it takes a few years to get to know what your doing. (How to make the most $$) I personally don't think a lease purchase is a good idea. I would be happy to explain if you like

 

I suppose it depends on how you define profit.

If the owner of one truck considers themself to be an employee and pays himself or herself an employee's wages, then the company, the total expenses, can be negative for the truck/company while the owner/driver still makes a solid takehome wage.

 

I done 25k a year every year since i been out here. Single , no bills other than road expenses... 40k is definatly possible if ur frugal

 

It is more freedom when ur not a company driver... but a hell of a lot more responsibility as well.. Thats the other side of the coin that never seems to be mentioned.

 

Just so you know what will keep me warm in my bunk. lol

 

That could be possible, but only for a short time, as there would be no funds for maintenance and repairs.

 

Yes get with a good company and very doable. I put in my savings $850ish a week. That's even after a 25% 401k putaway. But you have to be very frugal by nature. I love love saving money. I get anxiety when I have to spend