Ready to Roll?

If you're buying a truck and reefer for $30k, you better have about another $10k on deck for reconditioning expenses for the first few months (or days!). Based on what I've been through the past six months, I'd say you're on track to earn about $20k the first year if you don't fail due to cash flow problems.

I'll leave the doom, gloom, and second guessing to others, but I'd say you're underfunded by about $25k. I'd recommend you read the stickies in this section and rethink your equipment costs and operating capital.

California's additional requirements could also impact your plan substantially. Both with the truck and the reefer. Where you're located, that's a pretty big market to have to avoid. Lots of threads on that topic here as well.

 

A agree with Red Foreman, especially in Cali. Yon need to get a reefer that is CARB compliant. My suggestion for a truck, 2007 or newer, a reefer that 2007 or newer. At least your equipment will last you 7 yrs if you run to Cali. Thats if we doing "fall off into the ocean". lol

 

Only way I can see you making it is by starting out with leasing to a company. Going it on your own is going to be very tough and as Red stated, you are under funded by about $25-$30k. Have you thought about leasing to IWX or maybe even SouthernCal ??? This way you can get your foot in the door, have somewhat of a saftey net, you can buy a nicer truck since you won't need a trailer and you can also make some contacts with customers for when and if you decide to go get your own authority???

 

I agree with all the above and freight has dropped somewhat and so have the rates without the right contacts it would be very hard