Inheriting a Truck

Brand?
Mileage?
Age?
Engine?
Wb?
Sleeper?

 

You can charge someone to drive it for you. Maybe $500 a week, less if it's an older truck. I know a few people who do this.

It is a risk, I would pay for good insurance and add that to the "rent". They should cover all the other expenses for the truck, but before you start profiting off the truck build a maintenance account for it, because they all need work eventually.

 

Personally, I'd just sell it. If you have no experience in trucking, be thankful. Trucking is a game and if you don't know the game, stay out of it.

 

Sell it. Finding a driver to "run the truck" is a fast-track to financial ruin. Lots of drivers can cost you lots of money in a dozen different ways. Finding the handful of drivers who can make you money, month in and month out, is like trying to find a needle in a haystack. Even in an ideal setup, after all is paid and driver is paid well, there just isn't much left over, especially if you become an "employer" and take on all the various liabilities that entails.

"Renting" the truck still leaves you with a high degree of liability exposure as the registered owner, even if the renter was well and properly insured.

 

Agree with the other posts SELL IT.
You will not find a good driver to drive it for you. Good drivers go to a good company with pay and benefits you can not match or they buy their own truck.

 

Not to mention your truck might not be compliant with current regs (Cali emissions for one)

The truck is almost an afterthought because Authority permits and insurance can cost as much as the truck.

 

Yeah, there are a lot of different variables to consider. In your mind define an experienced driver. There are good drivers. There are a lot of ####ty ones. If work out a deal not to rip him off or not get ripped off. I am talking about a fair deal that will make both parties happy. It might work or like STexan says it can drive you a financial drain fast. Personally, I'd rather help struggling folks than making rich richer.