Inherited a Truck No experience nor CDLs

I'd either keep it for sentimental value. Or I'd sell it. I wouldn't put a driver in it.

 

You really, honestly wanna give it a go? Do it and yourself a favor and park it.

Get a CDL, jump through the hoops, get some experience in someone else's equipment. Make your mistakes on someone else's numbers. Listen, learn, learn how to separate the bs from the good advice and never stop asking questions.

Keep comprehensive insurance on it should something happen. Run it around the block a couple times a month. Tinker on it and get your hands dirty. It'll be waiting for you when you're ready.

I understand not wanting to sell it, but a driver will just tear it up. What kind of truck is it anyway?

 

If you don't have the resources to pay a quality driver now, you never will … You're sentimentally attached to your father's truck and want to keep it working … but if you can't afford a quality driver, how you going to cover the cost of the repairs after your cheap driver tears off a fender, breaks mirror and will more than likely trash the cab … what's your father's truck going to mean to you then?

 

Sell it to me. I already have a truck and have been looking to add a 2nd truck so you can be sure it will be put to good use. I've got established lanes, good freight, and a couple of good drivers that I trust.

 

If you ran it, you can expect a fuel bill approaching 90,000 per year at 3.00 a gallon, 6 mpg and 2500 gallons a month with a single driver. Or a team filling 300 gallons between 20 to 30 hours round the clock, plus 100 for reefer if applicable.

Do you have 100,000 dollars ready to go when the fuel bills come back to you at all hours of the days and nights demanding to be paid in a year?

You are talking getting as much profit. I consider it risk management and reducing expenses and wasted motion, lost time, lumper feets late fees and god only knows what else.

This industry will eat you alive. 2millions of dollars reduced to a small fortune of 200,000

If you really really want a go. Do it as a student in trucking school first, then as a newbie solo your first year after training. That truck will be waiting for you at home. Provided the city did not run you off for maintaining a salvage yard in your side drive.

 

Do me a favor? Just write me a $100,000 check. Once you recover from that, write me another one. The end result will be the same for you, but at least you aren't throwing money away to brokers, mechanics, and everyone else trying to take you for a ride.

 

Sheena, If you're Truly serious about this?

I'd suggest talking to your father's Work colleagues & Shippers/Brokers he used to Work for/with.
1) Provided that your Father was Working up until recently,& was giving Good service It should work in your favour..
2) On the other hand, If your Father's had been ill for a long period of Time, & there's no verifiable work History ect. It will be far harder to make it work..

I'm not going to tell you Not to do It, (or Sell It), But i will say in Order for you to make a success of this venture. You will need to have 2 Things..

1) a TOTAL, & I mean 110% commitment to make It Work.!

2) The equivalent of; At least 3 months (expected) Cashflow put away for Working Capital..!

Good luck, & sorry for your Loss.

 

everybody on here is so negative I think we all started with no experience so maybe drive a company truck learn the business and maybe give it a run because she already said it's not for sell and if it was as bad as some of you are making it you still wouldn't be out here running