Disclaimer before I speak, I'm not advocating becoming a lease operator! That being said, there is absolutely no way $25K will get you into trucking under your own authority, however, it would be a great monetary safety net that a lot of L/O's wish they could have started with, just saying!
Disclaimer before I speak, I'm not advocating becoming a lease operator! That being said, there is absolutely no way $25K will get you into trucking under your own authority, however, it would be a great monetary safety net that a lot of L/O's wish they could have started with, just saying!
$25k wont even get you a truck! Without a CDL and without prior truck ownership, not only would they want a big chunk of change down on the truck, but the interest will be through the roof. So you get a used 6 year old tractor, put $20k down and still pay like high teens to low 20s in interest depending on your credit for a $60k truck with no warrantee. want a warrantee? thats another $15k. What if it breaks down in 2 months for something not covered? could be another $15k....and that is just the truck, not the insurance, permits, driver, fuel etc.
One of the guys here once said imagine what you would need then triple it. All of my research and getting real numbers from reliable O/O i know says this figure is about right. And if you know nothing of trucking, you better double that number too lol
A CDL is required to drive any of the following vehicles:
Good point on the numbers. I started with well above the $60K point last year when I went O/O, and I do not have my own authority. $35K was for purchase of the truck, then I've put in another $25K plus into, so far, doing as much of the work as possible myself. My goal is having it sound mechanically and maximum fuel mileage. I do have a fallback plan and money coming in each month outside of driving, but most folks do not.
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I’d get the hell out of California and get to a place where I’m making money for me and not the government.
CDL:
Commercial Driver's License (CDL)
A CDL is required to drive any of the following vehicles:
Doubles:
Refers to pulling two trailers at the same time, otherwise known as "pups" or "pup trailers" because they're only about 28 feet long. However there are some states that allow doubles that are each 48 feet in length.