Becoming a “team owner operator” questions.

Discussion in 'Ask An Owner Operator' started by nickel871, Aug 14, 2019.

  1. blairandgretchen

    blairandgretchen Road Train Member

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    $46,800 for the truck? I’m out of touch with newer units, but is that what Prime is selling them for now?

    And 75% of what? What’s the going rate on reefer right now?

    Have you smashed out a quick business plan with costs broken out?
     
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  2. Long FLD

    Long FLD Road Train Member

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    A year and a half puts the price of the truck right in the ballpark of similar Cascadias listed on Truckpaper. The bad thing is that you’ll be running team and when you pay it off it’s going to have roughly 700k miles on it.

    If you have the means to get a truck on your own I would go that direction. But if you can’t and this is an 18 month lease with nothing screwy going on it wouldn’t be the worst thing in the world.
     
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  3. blairandgretchen

    blairandgretchen Road Train Member

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    Yeah - on quick checking, if there’s nothing goofy going on, they may stand a shot at making it work.

    I wouldn’t think this is the best year to go for it, but I started in an off year, so - with careful management, it may work out.
     
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  4. Long FLD

    Long FLD Road Train Member

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    I skimmed Truckpaper quick and similar 2016’s were in the 40-50 range unless they were completely beat.
     
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  5. blairandgretchen

    blairandgretchen Road Train Member

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    Wow - I guess the used truck market is down right now?
     
  6. blairandgretchen

    blairandgretchen Road Train Member

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    Yeah - I get all my top notch business advice from You Tube truckers.

    That platform seems overrun with bad advice in the trucking industry.
     
  7. blairandgretchen

    blairandgretchen Road Train Member

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    Sure am. Another one post wonder.

    Next question sir?
     
  8. nickel871

    nickel871 Bobtail Member

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    What we were hoping to do was run this truck for a year, pay it off, put a driver in it, and us lease another. To try and start building a small fleet
     
  9. nickel871

    nickel871 Bobtail Member

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    Sorry, we get 75% of linehaul and 100%fsc
     
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  10. blairandgretchen

    blairandgretchen Road Train Member

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    Gotcha.

    75% is ok , running their trailer - but have you researched the potential inbound revenue - so, 75% of $2? - or $4/mile?
     
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