owner operator requirements

Save money!
Save enough to have for a decent down payment and $15 000 - $20 000 after the purchase when leased on or even more when you go independent.
Those who fail the quickest are those who had too little funds after they bought a truck.
I can attest myself that one single on the road break-down could mean $12 000 expense...(tow, rental, motels, repairs...etc) not to mention down time when you don't make any revenue --- ####! I don't even want to talk about it...

 

Jump in. It’s up to you whether you have a life jacket or not. (Money)

Think of yourself as a child. The more experience the older you are so to speak.

 

Have common sense and above average communication skills. It will set u apart from the rest.

 

If you have excellent credit: save up enough for a 20% down payment. Then get preliminary acceptance with a carrier to help you decide what truck specs you need. Then go get a truck.
If your credit sucks. Save up for 100% of the cost of a truck.

 

Down payment for truck
Down payment for insurance
10k to 20k for break down , maintenence.
Knowledge of what you want haul and Knowledge of lanes and seasons . Get on the forum and read other adventures and misadventures other O/Os have gone through. There's a thousand like yourself ready to make the jump so just keep that in mind .

 

No down payment is needed.