WANT TO BUY MY OWN TRUCK AN LEASE ON HAULING LIVESTOCK
Posted Fri, Jan 28 2011 06:19 AM CST
TREVOR OLDHAM
T&O TRUCKING
BURLEY, ID

Posts: 3
hay there u all i am a 25 year old that just got divorce an would like to buy my own truck i just need a little help with some things like about how much it will take to get all the linc.an insur. an auth. an dot # an what ever else i would need to get started ur replies would be very helpfull thanks email is countryboy792@live.com an would even take phone call at 12086700882 REPLY REPLY WITH QUOTE
Posted Fri, Jan 28 2011 10:45 AM CST
KELLY WILLIAMSON
KELLY WILLIAMSON
POLLOK, TX
936-671-0485

Posts: 4

From all the questions you are asking I am going to guess that you have never hauled cattle before. I am not talking bout a gooseneck or riding shotgun in somebodys rack for a mile or two either.

IF you think you want in the business that bad I suggest you forget about buying all the things that it takes to get started and survive. Instead, why don't you hire on for somebody. It will be much cheaper while you are learning the ropes. Then if you are still set on the life of the rack........and you got the funds...you will have all the tools in your mental toolbox to buy a truck and stand a better chance of being succesful.

Just my two cents.

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Posted Fri, Jan 28 2011 01:29 PM CST
JARED CARUSO
CARUSO TRUCKING
RICHFIELD, UT
435-201-0046

Posts: 9
It takes a bit of cash to start up. You can get your own authority on the internet and save a little or you can pay somebody to set it up. There are a lot of different filings and other hoops to jump through. It can be pretty overwhelming if you are not familiar with this sort of stuff. You better plan on about $2000 for truck licensing and another $2000 for insurance down payment. To play it safe I would have at least 30 days worth of operating cash on hand. It takes a while for the money to start coming in. If you have steady work you will need $6-9000 for fuel. I am sure there is something that I forgot but maybe this will help. REPLY REPLY WITH QUOTE
Posted Fri, Jan 28 2011 02:09 PM CST
MAT MORALES
K - M COMPANY LLC
TRENTON, UT
435-994-2106

Posts: 30
it cost me $3250 to license my first truck when i had to get my authority etc... My insurance down payment was around five thousand. I didnt get paid for the first 3 loads i hauled for almost 5 months. REPLY REPLY WITH QUOTE
Posted Fri, Jan 28 2011 08:06 PM CST
JOHN WALLEN
4W LIVESTOCK
KENSINGTON, KS
719-568-2447

Posts: 5
Hope you have a lot of money. Just started the trucking part for the ranch owner I work for. I have over 16 yrs of livestock hauling exp. The truck was 42000, the pot was 35000, MC aut. 300, HVUT 550, tags 2500, ins down was 3500, and fuel costs, up to 3000 a week. He has a little deeper pockets than some but a lot of money, not including my salary.
Kelly had it right: Get exp. first in livestock and get to know the ins and outs. There are, at times, slow periods that payments need to be made still. Build up to it first. Hope this helps..GOOD LUCK....
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Posted Fri, Jan 28 2011 09:38 PM CST
STANLEY WILBOURN
K AND D TRUCKING
HENRYETT, OK

Posts: 4
Good luck you'll need about $5000 to get your own auth an tags an permits me an my dad just started back he's been hauling livestock for 45 years so I thought it would be easy it aint everything is in my name an I'm 25 an after paying $2500 down for insurance we ran our trucks for 6 months an I got a letter saying there cancling our insurance. Cause I'm only 25 its easier to work for someone listen to these guys they know best. This is all I know trucks an diesel mechanics but drive for someone first lot less stress. REPLY REPLY WITH QUOTE
Posted Sat, Jan 29 2011 01:43 AM CST
MAT MORALES
K - M COMPANY LLC
TRENTON, UT
435-994-2106

Posts: 30
Originally Posted by: MAT MORALES
Quote: "it cost me $3250 to license my first truck when i had to get my authority etc... My insurance down payment was around five thousand. I didnt get paid for the first 3 loads i hauled for almost 5 months."

i meant around 2500 for insr down payment not five thousand.
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