Buying a Truck and Leasing it out ??

Just wondering if I should separate myself from the newbies with no background. I'm concerned the market might get flooded with non CDL/low experience people. Just thinking out loud.

 

My insurance lady hinted my insurance may be higher hauling cars than a dry van !!! That could hurt. It seems running under my own authority will incur roughly the same fixed costs as running a dry van. The only expense I see being less is the trailer. A Kaufmann mini 5 is $20,000 new.

 

You mentioned in an earlier reply that hot shots didn't have the overhead ?? When I look at the fixed costs, it doesn't seem to be a lot of difference running Hot shot vs dry van. Heck, the dually's are as much as a semi, trailers may be a little less ,insurance close to the same ???

 

still seems to be a decent amount of freight around ... at decent rates.

 

Got it .... I guess my point was "flooded" usually means low rates and little freight. That could change but for now it seems to be holding fairly well ... which is a good thing.