ttystikk
Well-Known Member
I applaud anyone wanting to go into business for themselves! That is a very low price for a tractor, shouldn't be too hard to get that paid off in a year or two.I'm thinking about becoming an owner/operator. My boss said he'd help me and I could contract through his company and run under his authority until I can get my own.
I can use his trailers and he'll help me with truck maintenance. His buddy is a salesman at a Five Star truck sales.This is the truck I'm looking at, it's pretty sweet and was very well maintained.
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Sorry not the best pictures, but here's more info
http://www.5startrucksales.us/truckinv.html
The price is $26,900, I can get it for $22,500 if I put half down (I can). I'll still have enough money to apply for DOT and MC numbers and pay for insurance through my boss. I'll have enough cash left to pay for any unexpected truck maintenance issues and fuel for a while, I'll really be stretching my savings pretty thin, but I could do it.
I don't know, I have a lot of things to think about. This seems like a nice opportunity for me, not everyone getting started in this business has someone to help them out and make sure they have plenty of miles to run to be successful and make it
What do you guys here think about it, should I do it?
My concern isn't about your abilities or even the truck you're looking at, but the direction of the industry as a whole for the next few years;
https://wolfstreet.com/2019/09/05/orders-for-heavy-trucks-plunged-80-in-august/
Several aspects of the future of the trucking business are discussed in the article. A transportation recession is already underway, brought on by the trade policies of the current administration. If America enters recession as a result, trucking volumes will drop precipitously and that would make it tough to make truck payments.