This time as an O/O. Not married, no kids, no bills.
Questions
1. New Truck or Used (250k or less mileage)
2. New reefer or Used (TK, Carrier, What do you consider acceptable hours)
3. APU TK or Carrier?
4. MCC and Broker? Or lease-on on to carrier?
5. How much cash on hand?
6. Best place to get financing? Or sell the house and buy it up front?
7. How much should I have in a maintenance/tire account?
8. Factoring?
9. ELD cost?
10. Anything else to add to the equation?
I plan to drive 48 OTR, and shoot for most efficient fuel economy. Not sure about what tracking app to use, I will have a PC in the truck and every app I have seen is for phones and tablets. Help me identify everything so I can get the costs of startup and the first month or two to balance.
Thanks all!
Thinking about doing it again.
Discussion in 'Ask An Owner Operator' started by BJnobear, Feb 17, 2020.
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Based on this post you are not even close to being ready to have a shot at being successful in the o/o game. Go do some real research. Your checking account will thank you.
Just passing by, Puppage, Doealex and 5 others Thank this. -
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Almost 10 years on this message board. Awesome thread!!!! Looking foward to more of your posts!!
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If you lease, and you’re profitable, then continue on to the next step, which is to buy a truck. Eventually you may want to move to a motor carrier with a better pay package or perhaps get your own authority, especially if you want to build a fleet.rachi Thanks this. -
Used to run for JCT. Not feeling the mega thing.
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No plans to build a fleet at this time, and yes I was in profit at JCT.
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You've said you've done this before and were profitable at JCT, so what happened to that? If you truly were successful and have done this before, than you should have many of the answers to your own questions.
spyder7723 Thanks this.
Trucking Jobs in 30 seconds
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