New getting into Owner-Operator business. Looking for active MC with good history

Discussion in 'Questions From New Drivers' started by bkoraman, Jun 1, 2024.

  1. bkoraman

    bkoraman Bobtail Member

    16
    2
    Jun 1, 2024
    0
    No I was saying that what you have to have in the bank after the first set up costs to start with
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  3. snicrep

    snicrep Road Train Member

    1,133
    2,026
    May 13, 2009
    mcallen, tx
    0
    It's just not a good time. I wouldn't do it.
     
  4. Ridgeline

    Ridgeline Road Train Member

    22,374
    116,078
    Dec 18, 2011
    Michigan
    0
    $80k to $100k.

    Who told you a new truck is better than an older one?

    How did you get the numbers?

    For one truck, I just had an engine rebuilt and other work done, it is piss poor workmanship. I paid out of pocket to get the truck running - $15k even after I have fought with the dealer on making a waranty claim. I have to go to court to recover the money. I can't afford to have this and the other sister trucks sitting for any time. Just a flat tire can run up to $1k.
     
    5UG Thanks this.
  5. 5UG

    5UG Light Load Member

    53
    46
    May 22, 2024
    0
    It does sound a little "get rich quick" to me. . .
    If it were that easy, everybody would be doing it!
    It's really not that easy. There are some fair comparisons to be made about purchasing turn-key businesses, but that's not actually what you're talking about. It doesn't even sound like you have a truck lined up. The truck is both the money maker, and the biggest expense! Operating it is one thing. Owning it is another. Owning and operating it is a whole different ball game. It requires lots of experience, or lots of money. A combination of both would be ideal, obviously. But for some reason, it's not that obvious to some folks. Without experience, you're going to spend a lot of money unnecessarily; that's the trade off for not having experience. But, that's also how you get experience!
    Lots of guys want to be owner/operators, until the truck breaks down. And it will. Or, until they get a ticket, etc. Everybody wants their own truck, but nobody wants the liability and exposure! I don't blame 'em. It's a rough and tough industry. If you're going to become an O/O, what good is it to have customers if you can't service them? Make sure you know how to handle maintenance and repairs! If you ask me, that's gonna be your biggest obstacle trying to succeed the way you're apparently hoping to.
    Do you know anything about the SCR system? With a newer truck, you'll soon find out! It's okay if you're not mechanically inclined, but you'll need to be financially inclined.
    I really don't think buying someone's MC is going to be the meal-ticket you might think it is. And customers will drop you like a hot potato if you don't actually know what you're doing and perform well.
    It's just not as easy as one might think. Sure, it's straightforward enough, but that's not to say it's easy. It's not.

    In any case, all the best to you on your endeavors!

    Good-luck to ya,
    5UG
     
    wis bang Thanks this.
  6. 12BLOWERS

    12BLOWERS Bobtail Member

    4
    1
    Jul 30, 2024
    0
    CONTACT ME AT cblowers57@1234 I have what you need. I'm retiring after 52 years and my MC number in very good standing of 20 years.
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.