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how long should I wait to be owner operator?

Discussion in 'Questions From New Drivers' started by Clutch62810, Oct 10, 2010.

Page 2 of 2
  1. Oct 11, 2010 #11
    Clutch62810

    Clutch62810 Light Load Member

    78
    20
    Oct 10, 2010
    Beautiful Buffalo N.Y.
    0
    :biggrin_25514:thanx for conferming my plan of action. is 3 years long enuf to have experiance expences and howmuch to expect in repairs
     
    Clutch62810, Oct 11, 2010
    Clutch62810, Oct 11, 2010
    #11
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  3. Oct 11, 2010 #12
    Allow Me.

    Allow Me. Trucker Forum STAFF Staff Member

    10,677
    12,240
    May 28, 2009
    Rancho Mirage, Ca.
    0
    Truck operating expense is one thing, but I like to consider what my living expenses are. For instance, am I supporting a family (food, clothing, mortgage, car payment , medical bills etc) OR, am I single with no rent/mortgage/family, just me and my mutt. My point being, if I make $75 grand a year, supporting only myself VS supporting a family makes a huge difference.
     
    Allow Me., Oct 11, 2010
    Allow Me., Oct 11, 2010
    #12
    wulfman75 Thanks this.
  4. Oct 11, 2010 #13
    Clutch62810

    Clutch62810 Light Load Member

    78
    20
    Oct 10, 2010
    Beautiful Buffalo N.Y.
    0
    yes that variable is conciderd, but my question is 3 Yrs is that enuf time to average what to expect with posible high expences. I am greateful for all the advice offered, I know that one can;t predict the future but one can prepare for the future. if my truck cost 300K new + repairs ins and other expences averaged to $$$ per Yr w/10% on income gross to save for business groth.
     
    Clutch62810, Oct 11, 2010
    Clutch62810, Oct 11, 2010
    #13
  5. Oct 12, 2010 #14
    Clutch62810

    Clutch62810 Light Load Member

    78
    20
    Oct 10, 2010
    Beautiful Buffalo N.Y.
    0
    the Debate on full price to discounts, I am greatful for your time and advice, but the Question was on how much time to average expecyed expences per yr. with putting some $$$ aside for the large expences / growth. liveing expences will come from butgeted salery...
    is 3 yrs enuf time to average $ per yr including expected inflation?
     
    Clutch62810, Oct 12, 2010
    Clutch62810, Oct 12, 2010
    #14
  7. Oct 12, 2010 #15
    cinnamon359

    cinnamon359 Bobtail Member

    10
    1
    Oct 12, 2010
    Virginia
    0
    Hi,

    I waited 3 yrs to get my first truck...I was 24...long hauled and saved up and bought a ole pete from a guy out in NM.

    I did better the second time around when I got some office experience in the trucking ind...Knowing how to do all the business taxes and legalization comes in handy.

    I asked and asked and asked some more questions constantly (and still do) from o/o..and sometimes it takes a few trys but dont give up on your dream..Im on my third round and still have snaggs.

    Good luck in all your travels:)...Cinnamon
     
    cinnamon359, Oct 12, 2010
    cinnamon359, Oct 12, 2010
    #15
    Clutch62810 Thanks this.
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