Should I buy a truck straight out of school?

I did what you want to do. I got my CDL in 2 weeks and bought by own truck right away. And failed. Than went to work for a company. Now back in my own truck doing OK… as a new driver with new authority many things will be impossible…. Insurance might be quite expensive. Most brokers will hang up after seeing your MC number. Right now is not the time to get into trucking…. If you’re from Texas and want to do oilfield work than think twice… I was delivering in oilfields earlier this week and last week…. You’ll see more trucks sitting at truck stops than working.

 

Not the right time to even be a company driver..never mind buying your own truck.

This industry is rapidly becoming the toilet bowl cleaner career for immigrants.

I’m not against anyone buying their truck right out of the gate because I know a few that made it work. What it’s going to take to be successful will depend on what you’re made of and how much you are willing to sacrifice. Me I’m a bit of a slow learner so I worked 2 years for different companies before I jumped in.

Even when I jumped in it was being leased on to another carrier. Two years later I went out on my own. My only goal at this point is to find a way to get out unscathed and never look back.

 

$150k would make a nice front load for a retirement account. Everyone wants to get rich. Facts are most millionaires saved up a little at a time. Investing that $150k or even paying down debts now, getting a job you enjoy that allows a balanced life while your families young. Even 1/3 of the $150k will set you up. Times on your side due to your age. But times running out at a compounding rate. The longer you wait, the harder it becomes. At 30, you’re literally guaranteed success. You can add a little bit every week, maybe find an employer that matches contributions. It’s a no brainer. Guaranteed to be very well off financially later in life. That will open up so many more opportunities and you’ll be able to share that success with your family.

 

There are reasons EVERYBODY had the SAME knee jerk reaction. We watched hundreds start down the path and only seen a handful be successful.

Regardless of the current state of the trucking industry, you'd get the same response. For years 60% of the people who leased onto my company didn't make 1 year before turning in the truck. Say what you will about my company and it's lease (and I can say plenty), the program is one of the best in the industry and is great way to start down the path to O/O. Now consider the number of long term posters who have successfully ran their own truck for years that recently transitioned back to company drivers.

Over my 13 years of training, I've seen a lot of guys come into the industry because they think they're going to enjoy the driving and the solitude. They think it's going to be like their commute - a time to destress and listen to tunes. The difference is it's not a break from the grind where you can get a little windshield therapy. Some of the most gung-ho guys leave the industry the fastest.

In short, you're not just putting the cart in front of the horse - the cart is a pile of wet wood and the horse is a gleam in his sire's eye.

 

I'm guessing the irs is the #1 killer.

But I could be wrong

 

Mc and dot numbers won't be active without insurance.

So I don't think you'll gain anything by having them.

Once activated. You're still new.

 

Got a better chance of success putting it all on red

 

Sound advice!