Hello all - inheriting a truck - could use some tips

Discussion in 'The Welcome Wagon' started by Yen2000, May 1, 2023.

  1. Yen2000

    Yen2000 Bobtail Member

    May 1, 2023
    Hi All, greetings from the sunshine state, and hoping everybody is well & safe.

    Long story short, in lieu of monies owed I am being given possession of a 2019 Freightliner with a sleeping cabin that is a tad over 400K miles. This is happening in a few weeks. I am told the vehicle is in great condition, up to date on maintenance etc.

    I don't have a CDL license and am not interested in driving the vehicle. I am not interested in selling it yet either.

    I am told by more than 1 person in the past few days that I can give usage of this vehicle to an "MC Authority license holder" or "Broker" company. What they do in turn is they arrange for drivers, routes, loads and use the truck as their own. They take their fees and after all driver salaries, gas etc expenses I end up getting some money each month...

    Has anyone heard of any companies like this or any partnerships like this? Is this doable?

    I apologize if I am making any terminology errors, as you can tell I am not naive of this industry.

    Thanks all
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  3. Lexuslane

    Lexuslane Medium Load Member

    Oct 22, 2021
    My advice would be , if you ever actually get the truck , to sell the truck .

    Odds are You won’t ever get it. But if you do , do NOT try to rent it or lease it or any of that .
    Just sell it.

    after the driver is paid and the fuel and the insurance and maintenance and repairs and taxes and licenses etc etc etc
    There won’t be any money left over .
    In fact they will be coming to you wanting more
    Money to replace the tires and engine etc ,
    And if their driver has an accident , the TV lawyers will be naming you , as the owner of the truck , as a defendant in their lawsuit .
    Last edited: May 1, 2023
  4. Opus

    Opus Road Train Member

    Dec 18, 2011
    South GA
    Sell, sell, sell.
    The trucking industry is filled with the lowest forms of life known to mankind. They will lie, steal, and cheat you out of everything you have. Not to mention the fact that if you own the truck you are personally liable for anything that happens with that truck.
    My best advice is to go to your nearest Freightliner dealership and have them sell it on commission. At the very least you should be able to bank $50k and then run as far and as fast as you can.

  5. LameMule

    LameMule Road Train Member

    Jan 19, 2020
    Don't listen to them, go get your license and authority. Tape a piece of paper with your new company name on the side of your truck and go make some money! Easiest money you'll ever make, trust me bro!
    JoeyJunk, 2Tap, mslashbar and 7 others Thank this.
  6. Magoo1968

    Magoo1968 Road Train Member

    Mar 18, 2021
    St Malo mb
    If truck is a 2019 odds are some money is owed on the truck .. It was bought to run the peak rates and now those are over it’s not needed is my guess .
    JoeyJunk and TheLoadOut Thank this.
  7. Ffx95

    Ffx95 Road Train Member

    May 18, 2017
    Sell it or drive it yourself. Since you don’t have experience just sell it. You’re going to have way less of a headache. If you get a driver to run it for you he’s going to absolutely trash that truck or even worse if he kills someone you’re on the hook for the financial aspect of that headache.
  8. Yen2000

    Yen2000 Bobtail Member

    May 1, 2023
    Thanks all for the input.

    In case I decide to put it to use, and I won't drive it myself, what are these companies even called? The companies that put it to use on my behalf and give me the proceeds after their cuts & all expenses? Any names anyone would like to share? Thanks again
  9. DUNE-T

    DUNE-T Road Train Member

    May 10, 2015
    Detroit, MI
    There are no names, it's just regular trucking companies, that you have to find who will take your truck.
    It's hilarious though, you already made up your mind and came here for some validation.
    There gonna be a 100% failure even if you do find a company that will take your truck. Like others have said, sell and forget about it
  10. Opus

    Opus Road Train Member

    Dec 18, 2011
    South GA
    Dude, seriously, if you don't even know what the companies are called, you're waaaaaaay over your head.
    There are no companies like this.
  11. REO6205

    REO6205 Trucker Forum STAFF Staff Member

    Feb 15, 2014
    Sell the truck. Soon. You'll get eaten by sharks you didn't even know were in the water.
    If for some reason you choose to ignore all the good advice you've received here and run the truck yourself be sure to let us know how things are working out for you.

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