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Has anyone actually ever sold their MC and company on here?

Discussion in 'Ask An Owner Operator' started by rch10007, Jan 29, 2023.

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  1. Jan 30, 2023 #11
    DUNE-T

    DUNE-T Road Train Member

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    May 10, 2015
    Detroit, MI
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    People buy established MC's, so they can book loads under it and double broker them under different MC.
    Also a lot of people need a different MC to work for Amazon after their current MC rating goes to toilet in there
     
    DUNE-T, Jan 30, 2023
    DUNE-T, Jan 30, 2023
    #11
    Siinman, JoeyJunk and nikmirbre Thank this.
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  3. Jan 30, 2023 #12
    rch10007

    rch10007 Medium Load Member

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    May 26, 2007
    Madison, AL
    0
    Ah...

    I was under the impression folks were buying the whole company, not just the MC number. If you buy the whole thing, you can literally start rolling same day as everything would be intact. Legal ownership is merely paper trails. You can make a piece of paper read anything you want...
     
    rch10007, Jan 30, 2023
    rch10007, Jan 30, 2023
    #12
  4. Jan 30, 2023 #13
    wichris

    wichris Road Train Member

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    Jan 17, 2011
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    Legal. You can buy it, update the MCS-150, transfer as the new owner. That will get you a new DOT#.

    Not so legal. Buy it and pretend you are the same owner. Ignore the MCS-150, Keep the same DOT#
    Keep the same insurance, until they catch it and cancel.
     
    wichris, Jan 30, 2023
    wichris, Jan 30, 2023
    #13
    Siinman, Dino soar and JoeyJunk Thank this.
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