What made you guys want to become an owner operator and be responsible for paying insurance, fuel, tires, oil changes etc...
I'm not even a driver yet but it's just a question that i have in my head. I think it would be cool to eventually own my own truck but it seems like even though you get paid more per mile you are still paying lots of out of pocket on the truck.
Thanks guys.
Why did you decide to become an owner operator?
Discussion in 'Ask An Owner Operator' started by jgeck90, Dec 6, 2011.
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Last summer, I took seven consecutive weeks off, the last one of which was mostly spent on a couch recovering from the vacation. Why? Because I could.
That was my reason for becoming an O/O.SHC, alex94, Elroythekid and 7 others Thank this. -
I never even considered anything else....I knew I wanted to own one of these from the time I was a little kid.
The financial responsibilities are staggering these days...My fuel bill alone is around $13,000 a month and there are many other costs, some are planned for and others are unexpected that you'd best have cash on hand for as well.
But I wouldn't trade this for anything.
Like katz said....Time off is never a problem!volvodriver01, Working Class Patriot, Sonbell and 2 others Thank this. -
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I want to be an O/O so I can hang broken tarp straps from my steps.
Big John Thanks this. -
I never wanted to be an o/o. I was happy as a company driver, because while in training, I quickly realized a lot of o/o were dumb, or just had no business sense. Keep in mind this was 2000. Fuel could be had for under $1.00 in some states. The big companies were paying .87-1.00 per mile, and required 5yr or newer trucks. Trucks cost about 90-100k new then. Even with a fuel efficient truck, you'd still make less than a company driver when all was said and done, and NOT have the proportional amount of freedom. I was a sales manager prior to trucking, always commission based, so my brain is wired to find the profit in a deal. There wasn't any there.
The second company I went to was an out and back regional. The guys there averaged 1.20 mile or more. An o/o upgraded her truck, and posted her condo cabover for $4,000. This truck had been at the company for a couple years, passed their inspections, yada yada yada. All it need was a qualcomm installed and it was ready to go. I made a lot of money, and had very little risk, as I could go back to being a company driver if I needed. I once had 4 paychecks I hadn't cashed because I didn't need the money. Oh yeah, I was home every weekend and in and out of town almost once a day. I found another driver there, a year later, and bought his truck for the dealer's offer of $8,000, sold the cabover for 4,000 to a friend, and that was what made me be an o/o. A year after that, I got my own authority, to make the big bucks and have more time off. Six and a half years later, I leased to Landstar and am very happy.LSAgentOZR, RedForeman, heyns57 and 4 others Thank this. -
You asked but I don't have to answer. This is why I became an O/O with my own authority. My truck and trailer are paid for and I can let them sit in the yard at home any time I want. (If the wife lets me). She is the only person I have to answer to. Just took two weeks to care for and bury my 84 yr old mother with NO worries about having a job or upsetting anyone's apple cart. I will do it MY Way.
Sonbell, volvodriver01, Hanadarko and 5 others Thank this. -
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so i could have the control over my life, from time off when i want, to knowing where i am going next. to run my truck as i see fit.
volvodriver01, 2fuzy, Sonbell and 1 other person Thank this. -
I became an owner-operator for the pride of ownership, and to quit slip-seating junk equipment. I wanted to learn more about maintenance and costs. I enjoy keeping accounting worksheets and filing accurate tax returns. Call me crazy.
7122894003481 and Motownfire Thank this.
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