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Old 05-21-2007, 10:21 PM
TCLika's Avatar
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Default Start-Up Expenses of a Dump Truck

Well I have been watching the forums for well over a year now and finally decided to take the plunge into trucking. The dump truck business is booming here and there is a huge demand for trucks. Here is breakdown of what I have spent:

9,000 - 1982 Ford L8000 w/ 20k on a rebuild motor. New cluth,trans,tires,and hood
393 - Downpayment on insurance
40 - Fuel Permits
1,335 - Tags
43 - DOT Annual Inspection
128 - Truck Lettering
45 - Office Supplies
92 - Heavy Highway Use Tax
515 - Cell Phones (HUGE downpayment since there is no credit on our EIN)
54 - Truck Wash (well worth it to me than doing it myself the first time)

Total: 11,645

I have already don the paperwork to put it onto work with several different construction companies. Starts work tomorrow.

Hopefully this will give some of the prospective O/O's and idea of what they are looking at.
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Old 05-21-2007, 11:15 PM
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BOL to you. The dump buss. can be rough.
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Old 05-22-2007, 12:24 AM
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Where are you located?
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Old 05-22-2007, 12:54 AM
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Great post TCLika. Looks like you got in on the cheap.

The one thing you did not mention that all new O/O's should think about (dump or OTR) is you also need to have a mantinince reserve conservatively at least 10,000 realistically more like 20,000.

Good luck...it ain't gonna be easy but it can be worth it!
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Old 05-22-2007, 01:17 AM
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Quote:
The dump truck business is booming here and there is a huge demand for trucks.
That's great, as long as the rates are commensurate with the demand.

More often than not, that is not the case.
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Old 05-22-2007, 03:24 AM
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got any pics of the truck
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Truck Driving an occupation consisting of hours of boredom interrupted by sheer terror!!

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Old 05-22-2007, 03:28 AM
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Thanks for th responses everyone. We have a miantenance reserve of 10,000 dollars, just failed to mention it. The rates here in KY range from $4-$12/ton. Mackman, I hope to grab some pics of the truck over the weekend. It wont win any beauty contests, but it gets the job done. I will update after our first day of hauling.

Travis
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Old 05-22-2007, 06:10 PM
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Well to start the day off the truck wouldnt start, 3 batteries later ($140 total) the truck turned over no problem. The seller told us the batteries were practically brand new (yeah right) and that the ignition was going out which was making the truck hard to start. Also went and had the left front steer replaced ($520). Had some other little expenses too like mud flaps, wiring for cb too. So I am up to 13k invested. Goes to show that no matter how ready you think you are things can add up quick. If I had some extra money I would probably replace the exhaust (it has a small leak), get some of the gauges in the cab working, put in passenger seat, and paint the dump bed.
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Old 05-22-2007, 07:55 PM
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its rough trucking with a older truck. But hey if it gets slow you will have no truck payment. I just like older trucks thats why i asked for the pics. As long as it gets the job done thats all that matters. Good luck hopefully 2marrow will go alittle better for ya.
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Old 05-22-2007, 09:57 PM
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Got 2 loads of sand in today, tomorrow will be better hopefully.
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