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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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<p>[QUOTE="bad-luck, post: 12380227, member: 129916"]Not is NOT the time to start one, freight is slow and the spot is extremely cheap.</p><p><br /></p><p>Hopefully things will pick up in a few months, but no one knows for sure.</p><p><br /></p><p>First thing when starting a company, even with only one truck is cash. You want to put enough down on your equipment to have a manageable payment. In my opinion, a $1200 a month for both truck and trailer is a manageable payment. Then of course you need operating capital to pay for fuel, maintenance and repairs. This is by far what sinks every new owner operator. I would recommend at least $25k[/QUOTE]</p><p><br /></p>
[QUOTE="bad-luck, post: 12380227, member: 129916"]Not is NOT the time to start one, freight is slow and the spot is extremely cheap. Hopefully things will pick up in a few months, but no one knows for sure. First thing when starting a company, even with only one truck is cash. You want to put enough down on your equipment to have a manageable payment. In my opinion, a $1200 a month for both truck and trailer is a manageable payment. Then of course you need operating capital to pay for fuel, maintenance and repairs. This is by far what sinks every new owner operator. I would recommend at least $25k[/QUOTE]
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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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