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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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Good & Bad Trucking Companies
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Questions From New Drivers
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Rookie starting out as Owner Operator. Good Idea???
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<p>[QUOTE="Carolina Thunder, post: 2568783, member: 5842"]Sure. If you have the start up costs and also have some put back until you get your first pay check then go for it! Just buy one from an individual or dealership,stay away from any company lease purchase plane!!!! Make sure you have as much cash on hand as you can for any unexpected problems in the first few months. I will tell you,you wont make any money at a $1.00 per mile so try and lease on with a specialty company (or get your own authority and haul what you want) such as Fed Ex Custom Critical. Most of their loads pay over $2.00+ per mile using their trailers...or you can buy your own trailer and see $4.00+ per mile,just depends what you haul. There are other company that pay very well but this is the only company i have personal exsperence with.</p><p> </p><p>In a nut shell...Truck comes first. What ever you make you pay your operating expenses first and also put some back in a just in case fund/maintenance fund. Then what ever is left over is what you use to pay your personal expenses such as house and or car payments and such. What ever is left out after all of this is profit. If you use your head then you should be fine.....but.</p><p> </p><p>There is much more to owning a truck other than just finding a load and heading down the road. There is much to learn as far as rules and regulations goes so if your not completely sure about yourself then you would be better off to run as a company driver for a few years and then get your own truck. I have been a trucker for 16 years and i still dont know everything and what you dont know could cost you everything![/QUOTE]</p><p><br /></p>
[QUOTE="Carolina Thunder, post: 2568783, member: 5842"]Sure. If you have the start up costs and also have some put back until you get your first pay check then go for it! Just buy one from an individual or dealership,stay away from any company lease purchase plane!!!! Make sure you have as much cash on hand as you can for any unexpected problems in the first few months. I will tell you,you wont make any money at a $1.00 per mile so try and lease on with a specialty company (or get your own authority and haul what you want) such as Fed Ex Custom Critical. Most of their loads pay over $2.00+ per mile using their trailers...or you can buy your own trailer and see $4.00+ per mile,just depends what you haul. There are other company that pay very well but this is the only company i have personal exsperence with. In a nut shell...Truck comes first. What ever you make you pay your operating expenses first and also put some back in a just in case fund/maintenance fund. Then what ever is left over is what you use to pay your personal expenses such as house and or car payments and such. What ever is left out after all of this is profit. If you use your head then you should be fine.....but. There is much more to owning a truck other than just finding a load and heading down the road. There is much to learn as far as rules and regulations goes so if your not completely sure about yourself then you would be better off to run as a company driver for a few years and then get your own truck. I have been a trucker for 16 years and i still dont know everything and what you dont know could cost you everything![/QUOTE]
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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
Forums
>
Good & Bad Trucking Companies
>
Questions From New Drivers
>
Rookie starting out as Owner Operator. Good Idea???
>
Reply to Thread