Want to buy my own truck

Discussion in 'Ask An Owner Operator' started by bigrigjoe66, May 21, 2009.

  1. PharmPhail

    PharmPhail Road Train Member

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    6k to 8k a year depending on experience, driving record, value of equipment, running radius, and the state you live in. 25% up front.
     
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  3. LDH26

    LDH26 Light Load Member

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    1 year experience, an $8,000 International 9400i that's been paid for with cash, a perfectly clean driving record, 27 years old, live in Oklahoma. I'm either going to lease on somewhere or get my own authority and do power only, so as far as "value of equipment" I can't speak for a trailer yet (since it will vary). What would you say now, $8,000 a year?
     
  4. LDH26

    LDH26 Light Load Member

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    Running radius will be wherever I need to go. I'm divorced with no kids, so i'm not afraid to run the road.
     
  5. PharmPhail

    PharmPhail Road Train Member

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    If you lease on, you don't need to worry about cost of insurance.

    With your stats I'd guess around $6500 and a little more if you insure a trailer as well. But, I'm not an insurance agent! I pick that number because you're not a newb and 9k isn't a lot to insure damage-wise. Also Oklahoma isn't ringing my spidey-sense as to one of the expensive states to insure in.
     
  6. LDH26

    LDH26 Light Load Member

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    Thanks. I appreciate the info.
     
  7. lovesthedrive

    lovesthedrive R.I.P.

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    Thanx for running this post.

    I too am looking at buying a truck (granted used). There is a company in Presque Isle that supposedly finds loads for its owners. Not sure where I will go just yet.
     
  8. The Challenger

    The Challenger Kinghunter

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    For your own authority and all the paper work, it should be around 10K. Also, some insurance companies want you to pay a quarter or even half of it up front.

    KH
     
  9. BCTINC

    BCTINC Bobtail Member

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    You certainly claim to know all things trucking.......
     
  10. KO1927

    KO1927 Medium Load Member

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    As far as insurance prices go, wouldn't it be easier and more accurate to call one or more insurance agents?

    My $0.02.
     
  11. Walter T

    Walter T Light Load Member

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    Mar 16, 2009
    Chicago, IL
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    Reviving instead of re-posting..
    I searched the site, but I can't find a comprehensive checklist for buying a used truck.

    I will be looking to purchase a used truck, but I don't know what to check.

    Vehicle Inspection should include:
    1.) Oil Analysis
    2.) Transmission
    3.) ?
    4.) ?
     
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