I don't have all the money I believe I may need to purchase a truck. So I am thinking I can start with commercial rentals from penske etc. How do I get my authority this way? And has anyone done such a thing?
TRUCK AUTHORITY WITH COMMERCIAL RENTAL
Discussion in 'Ask An Owner Operator' started by Blacktop2020llc, Aug 14, 2020.
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You would first need to obtain your DOT/MC authority, insurance and be incorporated, to rent a Class 8 Truck from a company like Penske.
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How can I get my authority and insurance without owning a truck?
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You can obtain your authority by FMCSA. The link is below for information.
Get Authority to Operate (MC Number) | FMCSA
Link below will give you an idea for penske truck rentals and their phone number
Penske Commercial Truck Rental - Business Truck RentalsBlacktop2020llc Thanks this. -
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I would like to know can I get commercial trucking insurance without owning a truck in order to be able to get my Trucking Authority. Then I would just use commercial rental trucks from penske, etc until I have enough money to purchase the truck I really want
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Rentals aren't cheap. Have you actually talked to a rep from Penske. I talked to one in 2018 and they wanted like $6000 down, plus a per mile fee for maintenance, and I had to have a excellent credit score along with 2 years worth of bank statements.Dino soar Thanks this.
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No I haven't spoken to a rep. But if that is the case I might as well take the lease to purchase option.
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Well you can pay for authority and have it active but, you can't use it without insurance.
Link below is for OOIDA Insurance Contact. Give them a call.
Your Own Authority. Your Own Insurance. | For Owner-Operatorsstuckinthemud Thanks this. -
You’re better off to wait until you can afford to buy a truck. Sounds to me like you are in a hurry to go broke.
a little advice for that: 1. Send me a check for the total balance of your bank account
2. Go to Vegas and enjoy your money as you blow it. You can bic your head to mimic the hair loss owning a truck brings.
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