Lol thats why we are here to learn. You don'T like it, well thats your problem. Have you never made a mistake before? Yea cause you guys are so perfect
Too Good To Be True?
Discussion in 'Ask An Owner Operator' started by TruckNewb, Sep 15, 2019.
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It's obviously not just older uses on here that jump to assumptions. -
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If the OP is still reading this thread I will leave him with my personal option of his idea.
While I am happy to help crunch numbers as I always seem to improve my understanding of my own operation doing so I do not personally think that this would be a good investment.
There is just not enough profit in running one truck for anywhere close to 2 paychecks. Even if you are just expecting a modest return as investment income this is about the worst industry I can think of to invest in. The margins are externally thin for the amount of capital invested and the risks are extremely high. To make any real money without driving the truck yourself most feel that a minimum of 5 - 7 trucks are needed to make any reasonable profit.
I am sure you are starting to see this as you look further into the numbers.
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