CAPITAL $$$$$$

Discussion in 'Ask An Owner Operator' started by jbear74, Jul 7, 2015.

  1. 77fib77

    77fib77 Road Train Member

    11,362
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    Jul 7, 2010
    St Louis
    0
    It's open. You could buy a 15,000 dollar truck and Gamble it will be OK enough to run four months with out costing you too much. Save 10000 cash and get a loan from some where for 20000 and buy your cheap truck and lease on. That and credit cards will get you a seat at the table. You need 1500+ for the plate 500ish for 2290. 100 for dot inspection. You can rent a plate too.

    Own authority is much more. The reserve on insurance.

    Or some will say save 50000 and then use some of it as a down payment on a newer more reliable truck and make payments. Or wait wait, get a glider.

    If you spent ten hours and looked at all the threads in the last two months in this section you would have a good idea.
     
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  3. rank

    rank Road Train Member

    9,919
    113,508
    Feb 11, 2010
    50 miles north of Rochester, NY
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    gotta run two months before bringing in a nickle.
     
    Last edited: Jul 8, 2015
    jbear74 Thanks this.
  4. mugurpe

    mugurpe Medium Load Member

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    May 5, 2013
    Arlington, MA
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    I would posit that if you need to ask in a forum on the internet, yet are not persistent enough to find the threads that are already on here which answer your question, then owning your own business is probably not for you.
     
    spyder7723 Thanks this.
  5. spyder7723

    spyder7723 Road Train Member

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    Mar 31, 2013
    sarasota, fl
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    I hear swift has an awesome purchase plan just for those folks no willing to do any homework.
     
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