ROI

Don't.... just don't


Not as a newbie with no experience

 

Those adds post gross income, not net

 

ROI? It's a life style.

 

/thread

 

Go work for someone. Get some training. See if you even like the life. It is a life style. If you buy your stuck with 30, 40, 50, 60k ? In a truck. I don't anyone who can eat 50k if they don't like this sort of life.

 

Listen to Gunner75. This is a tough business with a steep learning curve. Do you have the funds to purchase a truck, trailer, the ridiculously high insurance needed for someone with no experience? Can you survive off load boards while you get some experience on your authority? Can you go without pay waiting on the 30 or 60 day billing cycles?

Do you know that shop labor rates are around $120 per hour? That a tire on a roadside call will cost you $500 or more? When your truck is in the shop for a breakdown for a week or two can you make the payment and afford the revenue loss plus cover the load you are under? Do you know that getting pulled out of a ditch because you didn’t watch your trailer tires drop into a ditch will cost you $500-$1000 in the middle of the night?

I will never discourage anyone from buying a truck, but get experience and learn the business first. Make contacts, treat your company truck like it’s yours, watching the costs closely for a year and then reconsider. Owner operating is not for the faint at heart, or people with bad business acumen.

 

Rather than calling it income, more like gross revenue before expenses

 

@shogun $500? He'll that's cheap! I had a support single let go on i70 west just outside the loop in Indy, #### thing cosy $1600... new tire, rim, roadside call out, labor... that was through loves

 

Yeah, if it comes loose from the hub you are going to spend a lot of money to replace the whole assembly. I think those singles are $800 or better. Our company only has a few of them, we run 99% duals. It can happen to anyone, especially in a sealed hub like that with no sight glass .