Looking at becoming an o/o

Discussion in 'Ask An Owner Operator' started by BamBam7291, Jun 10, 2011.

  1. BamBam7291

    BamBam7291 Bobtail Member

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    Jun 10, 2011
    Verona,Va
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    Hey guys I was wondering if anyone could recommend finance companies to go through when trying to buy your own rig instead of leasing one and paying twice as much for one.. Thanks for any help on this..

     
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  3. Diesel Dave

    Diesel Dave Last Few of the OUTLAWS

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    You need capital gain to start a business. Let's round it off around 5k. You gonna need about 20% down to purchase a truck. So how much have you save so far ?
     
  4. BamBam7291

    BamBam7291 Bobtail Member

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    Jun 10, 2011
    Verona,Va
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    I'll be honest I haven't even started yet, but I like to know what I'm getting into before I do that. I like to plan ahead that way I can put my puzzle together one piece at a time instead of jumping head first and hoping to swim. Thanks for the advice..
     
  5. 123456

    123456 Road Train Member

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    Right now should be a good time to start.

    Durring the summer of recovery, and all.

    Good Luck !!!!
     
  6. BamBam7291

    BamBam7291 Bobtail Member

    22
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    Jun 10, 2011
    Verona,Va
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    That is one of the reasons that I am looking into it.. Me and my brother started a small hotshot company a few years ago and I want us to continue to grow hence the reason that I am looking into driving rigs and hauling larger freight of all types.. I grew up in this industry and just looking to have my own slice of the American Pie.
     
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