Own Authority

Well.

A new trailer payment is $717.49/ month for a $35k trailer.
Plus 12% for FET on new trailer, bringing cost up to $39k.
Insurance, interstate, non HM for everything ends up being $14k for first year.
They’ll quote you around $9500-9900.
But then that is truck w/o trailer.
So without a truck payment, you’ll need around $2120/month just for payments without fuel cost included.

Some loads I get 97.5%, some 87.5% 2.5% is factoring fee, some brokers take 10% then a 2.5% factoring fee or it’s 30-60 and I’ve seen 90+ days to be paid.

There’s you an idea of cost.

 

Trailer payment is going to be determined by apr, term, and cost/wagon type, it might be $500, it might be $1200, lots of factors

you show me whew I can get insurance for 14k in the first year and i will stock your beer fridge until the end of the year, your about 10k shy.

 

Respect your Authoritah!

 

My insurance cost is $14,304/year.
1 truck and trailer, hopper bottom.
Progressive.

 

24k? Are you hauling space shuttles?

 

Lol yes first year authority insurance is usually 20k+, mine was 26k the first year 3-4 yrs ago.

 

There's so many different factors that will determine how much you'll pay at first. Start contacting agents and get quotes, one things for sure, it's gonna be up there...

 

Do you have a mileage limit? I’m unlimited with 1mil general 100k cargo with unlimited miles, staying under 500 or 100 would of been a big drop.

most mom and pop stores are within a few cents if not cheaper then a chain with a “discount”, I use my capitol one card and get 1% back on whatever I buy