Should I buy my own tractor trailer?

Become a member of www.OOIDA.com which is a business website for the owner-operator.

 

Greatwide is a power only company. They'll do your books for you until you feel comfortable doing them yourself.
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Greatwide Truckload Management

 

That’s the best reason to buy your own. Take the good with the bad. Trucks are available. They’re not all over priced. Trailers are almost non existent. The ones available are almost double they’re normal price.

 

better off spending your savings on lottery tickets and slot machines. O/O right now is like swimming in a freezing lake with only a condom to keep you warm. Im okay right now ONLY because I bought my swimming gear and snacks on deep discount while they were plentiful and cheap 4 years ago.

save your money and wait, or save your money and wait

 

3 yrs. from now, they’ll all be available at Auction for half price. A Guy could buy a cheap Cascadia or old Century, now, and in 2-3 yrs. scoop up a nice Repo. Bigger the Boom, Bigger the Bust.

 

ask stupid questions get stupid answers

 

I’d avoid getting deep into debt, with a 4-5 yr. pymt. that future rates may not support. Not to mention suddenly being way upside down on the Loan. Double whammy sure fire way to get in a jam. Added maintenance costs as equipment ages. Try to avoid painting yourself into a corner.

 

if you did any research at all . just even a little bit. theres no reason to ask your question because you would aleady know the answer or have a good idea of it. asking any owner ops opinion of what freight is like. you are going to get 500 different answers. the answer is . its depends. on a lot of things, and requires your own research into the market you want to work. good luck.

 

Greatwide also has 9 truck dealers they work with if you need a truck and financing.
Also, will help you find financing if you find a truck on your own and want to lease on to Greatwide.