Buying Truck, Starting Company
#1
Buying Truck, Starting Company
alright guys im buying a 1988 mack RD690, its a triaxle dump with a 17 foot bibeau heated body, with air gate and electric tarp, its got all new bandag recaps on the back new floats on the front and floats on the drop axle that are in real good shape, the truck has 274k miles on a 300 mack i beleive its a E7, and it has a maxitorq 8spd, im writing up a pro forma, whatever that is, my old mans helping me out with it so i can get a loan, i need to know what kinda milage that rig is going to get unloaded and loaded, so i can present my monthly costs to the bank to get a loan, also any suggestions on the truck, or starting the company at all, anything is extremely appreciated, thanks in advance guys
#5
alright thanks guys, im having my dad help me with the business plan thing, hes good at that stuff he started his own small business when he was 16 and went from living in a trailer park to owning a million dollar company, so if im half as sucessful as him i will be happy, i know i got a ton of hard work ahead of me, but thats what it takes
#6
Truckin is a bad business to get into right now. Its slow as **** and fuel is so high. To be on the safe side I'd plan on no more than 6 miles to the gallon. Not sure about those old Macks but most trucks I've driven get about the same fuel mileage loaded or empty and ain't never drove a truck that got better than 6. I wish you luck, but I will tell you as somebody who has been in truckin a long time, it is slow as it can possibly be right now and especially with winter comin its gonna get worse. I would definitely make sure you got somethin lined up. Don't forget to figure in your maintenance/repair/wear & tear cost, especially on an older truck. Parts and labor are very expensive. Good luck to you and make sure you are ready to put in the long hours for low pay before you commit to anything. Trust me, I've been there and done it for to long
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The best way to end up with a million dollars truckin is to start with two million.
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The best way to end up with a million dollars truckin is to start with two million.
Last edited by jasonfriedlin; 10-03-2007 at 10:45 PM. Reason: Automerged Doublepost
#7