Buy a truck??

Discussion in 'Questions From New Drivers' started by Brownsfan16, Sep 7, 2011.

  1. Brownsfan16

    Brownsfan16 Medium Load Member

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    I am a new driver and have the opportunity to buy a new truck. My question is will my job opportunities increase with having this new truck and going the route of independent contractor or should I wait on buying a truck and just go drive a companies equipment until I have more experience?
     
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  3. shriner75

    shriner75 Heavy Load Member

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    IMHO I would wait and get that feel for the job first. Give yourself some time and research the pros and cons. Look some more on here and you will find some threads on buying trucks. Good luck.....
     
  4. Brownsfan16

    Brownsfan16 Medium Load Member

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    I should have added what route would get me to doing local work faster?? Having my own truck or a company truck?
     
  5. Kokot

    Kokot Light Load Member

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    Most companies require experience even with your own truck.
    I guess if you wanted to run your own authority and your own accounts, it shouldn't matter as long as if you'll be able to get the insurance.
    But if you want to lease your truck to a local company, you'll need experience AFAIK.
     
  6. BigJohn54

    BigJohn54 Gone, but NEVER forgotten

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    I sure wouldn't want to own a new truck and try to figure out how to make payments working local.

    But then I'm not real interested in local work. Too much back-breaking manual labor in the biggest percentage of local jobs.
     
  7. crzyjarmans

    crzyjarmans Road Train Member

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    If you have little or even no experience?, I think you should wait, like posted before, I've seen people get into the industry, just to find they hate it, try it on for a while and see if it fit you, or srhrinks to fast and you what out, buy a truck know, and try and sell?, hope you think it threw
     
  8. NYROADIE

    NYROADIE Heavy Load Member

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    Haveing you own won't help you get to work faster but it will make you go broke quick. Don't do it get the training and experiance on someone else's dime.
     
  9. crzyjarmans

    crzyjarmans Road Train Member

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    well?, before this obama oconomy, working local here in Las Vegas, could bring in $65. to $75. an hour, average week would bring in around $4000., your insurance is a great deal less, fuel a great deal less, when I was able to get work locally, I usaully did better, than I do OTR
     
  10. BigJohn54

    BigJohn54 Gone, but NEVER forgotten

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    I guess it would depend a lot on where you are. I can't imagine how I would make new truck payments working local in my area. But I don't live in a large city either.
     
  11. chompi

    chompi Road Train Member

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    I say go for it! You only live once right?

    I was just reading the thread about the Swift driver who was broke down for two weeks. Could you imagine having to pay for that truck for two weeks and for the breakdown and the tow! Not to mention it still wasn't fixed and had to be moved to OH from WV!

    If that driver were in O.O he would probably be at least $7000 in the hole right now!

    NO YOU SHOULDN'T BUY A TRUCK RIGHT NOW!

    Make your mistakes on someone else's dime! Until you have a proven track record written down in detail as to what you made and what your expenses would have been plus how your DM is treating you then you shouldn't do it. Now spend the next two years doing this along with taking some business courses and learning the ins and outs of freight and then decide if its worth it. Sometimes you will find you will make more as a company driver. I also recommend start saving money now. You are going to want at least $20,000 in the bank before you dive into owning your own business. That's what it is! Owning your own business!
     
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