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I went and did a fool thing

Discussion in 'Ask An Owner Operator' started by goose19726, May 17, 2009.

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  1. May 17, 2009 #1
    goose19726

    goose19726 Light Load Member

    102
    28
    Feb 24, 2009
    harrah, ok
    0
    I just bought myself an 05 columbia with a 435 hp c-15 cat and a 13 speed
    this is my first truck after driving for others for the last 14 years
    I have decided to lease it on with greatwide here in OKC because I am currently driving a fleet owners truck and I know I can make a decent living and still cover the truck payments and even save some decent cash for maintenance and such
    the truck comes with a 2 year major systems warranty and a 1 year on the smaller stuff like the turbo, a/c, clutch and injectors
    it hsd 425000 miles on it and from everything I can tell it appears to be in pretty good shape, the brakes are good and the tires are new virgin rubber all the way around
    this truck came out of a large fleet and has good maintenance records

    I have a bunch of questions about starting a trucking company in oklahoma if anyone wants to volunteer to answer them I would appreciate it
    most of my questions are stupid ones but please bear with me

    do I need to register a trade name with the oklahoma dept of commerce?

    do I have to apply decals showing that trade name on the truck?

    is physical damage and bobtail insurance the only types I need or will I have to add a liability policy like I have on my personal vehicle?

    I will add more questions as I think of them
     
    goose19726, May 17, 2009
    goose19726, May 17, 2009
    #1
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  3. May 17, 2009 #2
    wade

    wade Bobtail Member

    14
    4
    May 15, 2009
    Hastings, MN
    0
    Not sure if this helps and I may be a little off. When I bought my other truck, I was told I could run it as a sole proprietorship and did not need a business name. I wanted to open a business checking acct and eventually get an LLC. I came up with a not so clever business na,e, sent it in to the state with a $25 check. I got confirmation of the name (dba) and then ran my doing business as in 2 local newspapers for 2 weeks.
    I went on line to the IRS and got an EIN number.
    Since I was leased on with a company, I am not required to have my own business name on the truck. I just have "leased to" and then the company name and their DOT number.
    I still use my DOT number for my IFTA filings.
    All I have is physical damage and bobtail ins coverage. I believe the rest is covered by the company.
    I hope this helps. Obviously it may be different state to state.
     
    wade, May 17, 2009
    wade, May 17, 2009
    #2
    The Challenger and goose19726 Thank this.
  4. May 17, 2009 #3
    WallyGator

    WallyGator Medium Load Member

    333
    83
    Apr 6, 2008
    Clearwater,Florida
    0
    are you getting your truck from Select trucks? if you are make sure you get it checked out by someone not connected to freightliner.Good Luck Walt
     
    WallyGator, May 17, 2009
    WallyGator, May 17, 2009
    #3
  5. May 17, 2009 #4
    bigo1969

    bigo1969 Light Load Member

    152
    31
    Sep 29, 2007
    florida
    0
    Why do you say that? Me and a friend are looking at truck from select. Any info, you can possibly give. Thanks.
     
    bigo1969, May 17, 2009
    bigo1969, May 17, 2009
    #4
  7. May 17, 2009 #5
    The Challenger

    The Challenger Kinghunter

    7,127
    3,367
    Dec 22, 2007
    East Central FL
    0
    Selectrucks is owned by Freightliner. By having it check out by a CAT dealer he can get an honest opinion on what kind condition the truck is in, motor and other stuff.

    KH
     
    The Challenger, May 17, 2009
    The Challenger, May 17, 2009
    #5
  8. May 17, 2009 #6
    MedicineMan

    MedicineMan Road Train Member

    5,799
    6,440
    Jan 13, 2007
    Woodville, TX
    0
    ya sure.. go roll your detroit into a CAT shop :pottytrain5:
     
    MedicineMan, May 17, 2009
    MedicineMan, May 17, 2009
    #6
    broncrider Thanks this.
  9. May 17, 2009 #7
    Luis

    Luis Medium Load Member

    662
    323
    Aug 10, 2008
    0
    Lol MM and hes back at it again even when he got dissed over at the o/o thread.
     
    Last edited: May 17, 2009
    Luis, May 17, 2009
    Luis, May 17, 2009
    #7
  10. May 17, 2009 #8
    The Challenger

    The Challenger Kinghunter

    7,127
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    Dec 22, 2007
    East Central FL
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    If you clearly read what goose was saying, he has a C15 in a Freightliner, so in this case it is wise to do that. If it were a detroit, take it to a detroit shop.

    KH
     
    The Challenger, May 17, 2009
    The Challenger, May 17, 2009
    #8
  11. May 17, 2009 #9
    MedicineMan

    MedicineMan Road Train Member

    5,799
    6,440
    Jan 13, 2007
    Woodville, TX
    0
    oh well, I didn't read it
     
    MedicineMan, May 17, 2009
    MedicineMan, May 17, 2009
    #9
  12. May 17, 2009 #10
    The Challenger

    The Challenger Kinghunter

    7,127
    3,367
    Dec 22, 2007
    East Central FL
    0
    Well I found 264 2005 Freightliner trucks that feature a CAT engine MM. I can pm them to you if you want.

    KH
     
    The Challenger, May 17, 2009
    The Challenger, May 17, 2009
    #10
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