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Getting started as Owner Op for dummies

Discussion in 'Questions From New Drivers' started by dboot01, Mar 24, 2022.

  1. Mar 24, 2022 #1
    dboot01

    dboot01 Light Load Member

    125
    213
    Nov 8, 2021
    0
    So I've been a company driver since September 2021. I hear the real money is in owner Op.so I'll be looking into that eventually Can you just answer a question or two from here please? may seem like really dumb questions but I don't even know where I would start thanks :

    1. Where do you buy your truck? Dealership? Or thru lease purchase in a freight company?
    2. How much is an average down payment on a truck?
    3. And most confusing for me: do you sign a contract with only 1 company to haul there freight only? Or do you look on trucker path and find an available load from any company?
    Thanks
    Oh and before you tell me I am too dumb to be an owner op, I'm not doing it anytime soon thanks lol
     
    dboot01, Mar 24, 2022
    dboot01, Mar 24, 2022
    #1
    austinmike Thanks this.
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  3. Mar 24, 2022 #2
    Chinatown

    Chinatown Road Train Member

    75,003
    170,997
    Aug 28, 2011
    Henderson, NV & Orient
    0
    Chinatown, Mar 24, 2022
    Chinatown, Mar 24, 2022
    #2
  4. Mar 24, 2022 #3
    runningman0661

    runningman0661 Road Train Member

    5,213
    15,195
    Mar 5, 2009
    Clover, South Carolina
    0
    Right now is about the worst time I’ve ever seen to try and become an owner operator. Trucks are way over priced, the cost of routine maintenance is rising quickly, I usually run Michelin tires, couldn’t find a set of those anywhere, all tires have shot up in price, and rates are about to drop dramatically if you believe the industry “experts”.
     
    runningman0661, Mar 24, 2022
    runningman0661, Mar 24, 2022
    #3
    Tmocha29, just_sayin and Vic Firth Thank this.
  5. Mar 25, 2022 #4
    Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

    10,678
    12,228
    May 28, 2009
    Rancho Mirage, Ca.
    0
    Buy from anyone who is selling, pvt party or a dealer.
    If you lease on to a co. you only haul their freight.
    Downpymt if you buy, usually about 20%.
     
    Allow Me., Mar 25, 2022
    Allow Me., Mar 25, 2022
    #4
  7. Mar 26, 2022 #5
    just_sayin

    just_sayin Light Load Member

    104
    167
    Sep 2, 2012
    Bristol baby
    0
    I'm not trying to be a smart aleck. But don't believe everything you hear, I parked my truck and went to driving for somebody else. Hopefully things will straighten out. But I'm not going to hold my breath
     
    just_sayin, Mar 26, 2022
    just_sayin, Mar 26, 2022
    #5
    SoulScream84 Thanks this.
  8. Mar 28, 2022 #6
    SoulScream84

    SoulScream84 Road Train Member

    3,426
    26,051
    Mar 21, 2020
    0
    SoulScream84, Mar 28, 2022
    SoulScream84, Mar 28, 2022
    #6
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