BUYING MY OWN TRUCK!! I NEED ADVICE! Please help me. Im a woman with 20 years exp

Google "how to write a business plan"
Basicly you estimate costs on one side
Then estimate revenue on other side
Figure out where that revenue is going to come from
Determine what your expected profit range will be
Fine tune it as your business experience grows

Nobody can do it for you... all situations are different

 

With every boom, there has been a bust that has followed. Good luck in your endavors

 

That's too funny. How can we know what income (specially NET) YOU can expect? Why are you even asking that since you obviously must have great source of information (area is getting ready to BOOM).
Hope I didn't come across as rude.

 

Hi shaff, welcome aboard. You've come to the right place. If you are going to be a truck owner, one thing is paramount, believe NOTHING of what you hear, pay wise. If it was paying THAT good, ( and I'm sure it pays ok) everybody and their brother would be doing it. There are several O/O's here that do that, and can give you a better figure ( not that kind of figure)
As far as the truck, I see a few red flags there too. While you can't go wrong with a K-Whopper, be advised, trucks, no matter how clean a dealer may have them looking, 500K is right about when everything begins to fail, and that's why the previous owner traded it in. If you're new at this O/O thing, and it's a good thing, I did ok, here's what I'd do.( did) Find a late 90's Freightliner Century Condo,( big Deeetroit motor, if possible) dime a dozen, probably $10- 15g's with a new motor, and more miles. Chances are, by 750g's, everything has been replaced at least once. I drove a Freightliner Condo with almost a million miles and it was still a good truck. That way, hopefully, you can bank some money, grind the old Freightshaker into the ground, and if the job still works for you, THEN buy your Pete or KW ( no Volvo's, please) Good luck, again, those pay figures sound a bit optimistic.

 

I would be sure to check on the warranty details... Being that the truck is an 05, not sure how much could be covered...

 

Brexit....wrong thread.

 

Here's what I'd buy for that job.
http://jingletruck.com/img/m920-military-tractor-8x6-semi-truck-daycab-am-general-361436817847-0.jpg

 

If you don't want to make a wrong decision, then listen carefully.

We can't answer your questions and in fact they don't matter, if you have actual 20 years experience, then you know exactly the answer.

Now that said, here is my advice, never buy a truck blind. Have it checked by a different mechanic, have a dyno and blowby test done and an oil analyst, among the other things. Just because it has 500k on the clock does not mean it is worth what they are asking for it.

The second bit of advice is about you search for info.

The company that you want to lease to should be happy to give you a few owners names to talk to who you can ask specific questions about operational expenses and such to and get acccurate numbers.

 

500 thousand on a 2005 seams wrong 12 years old about 42000 per year good luck with your endeavors