Experienced driver going O/O

Insurance cost me 5k up front. Don't forget about that.

 

This is a great idea but there is a problem, unless the entire setup is done by a lawyer who knows what they are doing, the IRS may say no to the plan. A lot of people have gotten screwed by this plan, the key is to have someone advising you the right way to do it.

 

I would figure $50,000 to start, if you can find a good older truck with a fresh in frame and good rubber. You will not use it all, or you might. You still have to buy fuel and have a reserve for the day to day BS we all were hit with when first starting out.

 

Good paying freight is hard to find coming out of Montana, its a well established fact.
Now factor in the fact you have a new MC#. Darn near impossible.
So you better have some Rainy Day Money laying around, just to find loads breaking even to get into the higher more profitable freight lanes.
Denver is bad finding good paying freight, and Vegas was great getting into, but hard to find anything worth a crap coming out.
It's just kinda the tradeoff for living out here.
Oh, I'm sure if you've got a good business plan. You will make it. But, you need to be twice as shrewd, as someone else in the more profitable freight lanes. JMHO
Have a Great Day!!

 

Your story is just like mine. Got started in 2010. 48 flat is all you need. I have a 99 Mack and 03 a Peterbilt.

 

Facebook can beat those prices

 

When I got going I had the same thoughts, 25 for truck 15 for trailer, but ended up only buying a 15k truck. Thankfully I bought a cheaper truck as I had some repairs to make to truck and trailer which ate time some away which ate up the extra money to keep the household together. Between the initial down time & repairs, insurance, plates, some other misc business start up expenses, the other 15k I had was dahm near gone.