Looking for Advice Stepping out on my own

Discussion in 'Ask An Owner Operator' started by Daddydame, Apr 13, 2019.

  1. Daddydame

    Daddydame Bobtail Member

    18
    1
    Mar 20, 2013
    0
    Yea I’m not the type to sit around and wait for someone else to put money in my pocket, there is a lot of money to made out here with the right mind set, sure you will have bad days like anywhere else. It’s definitely a life style you have to hustle and stay hungry out here. How long have you been with them? How many drivers you have on bored?
     
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  3. PE_T

    PE_T Road Train Member

    New trailers are a good move, but:
    1. Find the lowest finance interest rate possible.
    2. Pay it as quickly as you can to reduce your interest cost.
    3. Hold onto the equipment for at least 5 years. The longer, the cheaper your trailer cost will be. I think big fleets sell their trailers after 5-6 years of age.
    If you plan on running in CA, your trailer must be CA compliant. All new reefer trailers are likely compliant, but some models may only be compliant for, say, 7 years. At that point, you can either sell it or upgrade the reefer to make it compliant once again. There are also reefers that do not expire in compliance, but they cost a few thousand dollars more, and that’s not including the likely additional maintenance cost.
     
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