Husband buying truck for Fedex contract

One of the good things about Fedex as well is they have a lot of resources if you do break down set up to get you up right away. One thing about driving mail or packages is they want to be very sure that they get there on time!

I do realize we are not doing this "ideally" with a new truck and great interest and all, but the opportunity is there and the truck has relatively low miles. If we can get through the next 3 years with no major setbacks than we can eventually build from there. If it wasn't with Fedex and he hadn't worked for another O/O there for so long we wouldn't even consider this "jump", but I have a good feeling about it and yes, we will deff LLC!

You all have given me a lot to think about though and a lot of good input, very much appreciated!

 

Just an update, Hubby signed the Fedex Contract today and the truck is secured (2004 International 9200i Eagle I found out). He also found a really good CPA who is willing to take us on! So we are officially Owner / Operators now! I think the gas is only 1.30 a gallon or something like that through Fedex and they also have drivers "in a pinch" who will bail you out if you have problems as well as 24 hour steeply discounted mechanics and discounted rentals if need be. It seems like they cover every base as far as making sure the drivers are covered. They also give you extra money every three months which is put into a private maintenance account for you. From all the resources they have for the routes and drivers I think it's the perfect start for us!

 

LOL yah, it was hard for him to find a truck meeting the specs in our range. He told me today he has to put stickers on it too LOL. They have to be 2004 or newer but then are "grandfathered" in. The great thing about it is right now he is only home on weekends and tired all weekend, with this route if we move to his base area (which we are planning on renting our home and doing that) he will be home every night,. We have a 4 year old so that will be so great for our family even if it's just a few hours a night while we are there!