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Thread: question about adding more trucks

  1. #1
    mbozz282 is offline Rookie mbozz282 is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Default question about adding more trucks

    hey guys im looking for some differant opinions on buying more trucks.Im looking at buying one or two more trucks leasing onto the company i work for.Theyre going to be going all o/oand i see a good opertunity.I wanted to buy one more truck.o/o i know are telling me to buy three trucks or stay with one.Their theory being 2 trucks can support 3 truck should one break down.What their saying makes sense just looking to see what you think.By the way 2 out of three trucks will be paid for or 2 out of 2 will be paid for depending which way i go.

  2. #2
    firebird_1252 is offline Board Regular firebird_1252 is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Quote Originally Posted by mbozz282 View Post
    hey guys im looking for some differant opinions on buying more trucks.Im looking at buying one or two more trucks leasing onto the company i work for.Theyre going to be going all o/oand i see a good opertunity.I wanted to buy one more truck.o/o i know are telling me to buy three trucks or stay with one.Their theory being 2 trucks can support 3 truck should one break down.What their saying makes sense just looking to see what you think.By the way 2 out of three trucks will be paid for or 2 out of 2 will be paid for depending which way i go.
    who are you leased to on the island?

  3. #3
    Kranky's Avatar
    Kranky is offline Senior Board Member Kranky is on the right path.  You could probably safely loan them a quarter.
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    By the time you pay the drivers and all the truck expenses, there'll likely be nothing left for you, so why take on that added responsibility and liability?

    .
    If you can't shift it smoothly, you shouldn't be driving it.

  4. #4
    rank is offline Senior Board Member rank is on the right path.  You could probably safely loan them a quarter.
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    how many good drivers can you get?

  5. #5
    heavyhaulerss's Avatar
    heavyhaulerss is offline Senior Board Member heavyhaulerss is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    maybe the reason the co. is going (ONLY ) o/o is cause they cannot keep drivers in this economy & want o/o's to deal with that instead of them ? I ahve no idea. not much info given here. just a guess.

  6. #6
    Heavy Duty is offline Board Regular Heavy Duty is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Quote Originally Posted by heavyhaulerss View Post
    maybe the reason the co. is going (ONLY ) o/o is cause they cannot keep drivers in this economy & want o/o's to deal with that instead of them ? I ahve no idea. not much info given here. just a guess.

    They are going all OO so they can make money, No other good reason.

  7. #7
    GMAN's Avatar
    GMAN is offline Administrator Board Icon GMAN is a distinguished poster and probably helps little old ladies across the street. GMAN is a distinguished poster and probably helps little old ladies across the street. GMAN is a distinguished poster and probably helps little old ladies across the street. GMAN is a distinguished poster and probably helps little old ladies across the street.
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    Quote Originally Posted by mbozz282 View Post
    hey guys im looking for some differant opinions on buying more trucks.Im looking at buying one or two more trucks leasing onto the company i work for.Theyre going to be going all o/oand i see a good opertunity.I wanted to buy one more truck.o/o i know are telling me to buy three trucks or stay with one.Their theory being 2 trucks can support 3 truck should one break down.What their saying makes sense just looking to see what you think.By the way 2 out of three trucks will be paid for or 2 out of 2 will be paid for depending which way i go.

    There is some truth to odd numbers of trucks being better than even numbers. I would suggest you start with a single truck and learn the business before buying multiple trucks starting out. As with any business it takes time to learn your way around. It is a different environment going from a company driver to an owner where you are responsible for all of the bills. It is also different when you go from being an owner and operator of a single truck to an owner with multiple trucks and drivers. You are not only responsible for paying the bills but you must also find loads and make payroll. You are now responsible for the livelihood not only yourself but of others. Before you jump in to buying multiple trucks give yourself an opportunity to make things work with one.

  8. #8
    mbozz282 is offline Rookie mbozz282 is an unknown poster at this point.  Don't let him/her around power tools just yet.
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    Thanks gman advice well taken.This is something im looking to do down the road and just trying to get some ideas.

  9. #9
    GMAN's Avatar
    GMAN is offline Administrator Board Icon GMAN is a distinguished poster and probably helps little old ladies across the street. GMAN is a distinguished poster and probably helps little old ladies across the street. GMAN is a distinguished poster and probably helps little old ladies across the street. GMAN is a distinguished poster and probably helps little old ladies across the street.
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    It is good to plan ahead, mbozz282. You will be much better off taking it slower. It is more likely that you will make mistakes when you get in too big of a hurry. You will have good and bad drivers. Once you start running your own truck you will become aware of little things that can cost you money.

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