hi my name is summer and i have some questions, my boyfriend wants to be an owner/operator and he wants my help getting information hes 21 years old and has no credit and found a good truck its a perterbilt 1987 in really good shape been used as a grain truck by a farmer right now, any way he needs to get a business plan together and i saw that somebody posted theirs on this site but i dont quite understand how it works and what all of the costs are to be a truck and how day to day life goes like i know you can bid on loads online but idk if he would have to load/unload them and how exactly it is when you get started out, also where do i find figures for an idea of what he should try and make i want to have a good plan and make sure he wont go bankrupt, if anyone could give me advide it would be greatly appriciated!!! thank you!!!
got some questions can anyone help?
Discussion in 'The Welcome Wagon' started by summerrose, Sep 18, 2010.
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In all seriousness, your BF should look into working for one of those farmers or a small local company for a couple of years.
His goals are admirable, but unrealistic at this time.
He has no industry contacts, and zero experience...driving or operating his own truck.
The truck he wishes to buy, is too old to lease on with most companies. And will eat him alive in repair cost. He should have at least $15,000 in the bank AFTER he buys the truck and obtains all the other paperwork involved.
I've watched men with 10 years experience lose everything they own within 6 months of getting their own truck.HEAVY DUDE Thanks this. -
oh, well thank you.
the truck has been checked out and they guy that owns it has taken really good care of it.
he has been working for a trucking company for the past 3 years and thinks that he shouldnt have any problems but i was just looking for some info to help him out. i know he doesnt want to work for a company he just wants to haul loads around if that makes sence, the deal is he listens to this radio station on serious satilite and its all about trucking so he thinks that he can do it. -
My opinion. He is too young. No exp. Truck is too old. Recipe for disaster. 3 strikes= your out.
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"I've watched men with 10 years experience lose everything they own within 6 months of getting their own truck." -danc694u That is the quote of the day.
dancnoone Thanks this. -
thank you guys i'll tell him.
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It can be done but, we are trying to say use caution. The truck he wants is too old for many companys (as others have posted) If he wants to run locally, find O/O's and talk with them, ask them how/what/when/why. Good luck.
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Simply put, he's too young.
I would say that he should enlist in the Army to drive some really amazing vehicles.
This way when he gets to the age where people will talk to him. He will have a great Driving History to help him get a decent job.
If he still wants to be an O/O the bank will take him seriously and he'll have finance options.
But, in between now and O/O time he gets a steady check, health insurance and a chance to learn in a fairly forgiving environment.
It's not what you want to hear. It's just my thoughts on the matter. -
i really appriciate all the feed back and new ideas i'll talk to him i know hes real headstrong so hopefully he will realize before its too late
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This is what caught my eye. Company drivers haul loads around. Owning a truck is more headaches and takes much more than just hauling loads around. The biggest red flag to me is his age.
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