newbie truck owner looking for advice!!!

Discussion in 'Ask An Owner Operator' started by gyayo2012, Sep 26, 2011.

  1. lumberhauler_oh

    lumberhauler_oh Bobtail Member

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    Aug 25, 2008
    lima ohio
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    i use marvin johnson out of columbus in
     
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  3. driverkc

    driverkc Light Load Member

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    Sep 28, 2011
    Kansas City, KS
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    Damb, the more I read about owning your own truck, the more discouraged I get. 10K a yr for insurance. Do they want the whole 10k up front or can you make payments? And then, at what point do you start making money?
     
  4. Desir Performance

    Desir Performance Bobtail Member

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    Sep 26, 2011
    NYC
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    Lol tell me about it.
     
  5. BigJohn54

    BigJohn54 Gone, but NEVER forgotten

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    May 13, 2011
    SW Missouri
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    You can generally get it financed. You will pay more that way though. They want 2-3 payments or 17 - 25 % down and then the balance over 9 - 10 payments.

    So if it costs $9,000 expect $1,800 - $2,700 down and about $700 a month. This is, of course, a rough estimate.
     
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