How Much Do You Charge (Hotshots)
#31
I haul cars
I started hauling cars in 2003.
The first 3 years I paid 15K a year just for Ins. + truck & trailer payments Fuel and Tags + truck repairs.
Now I have a newer truck and a brand new trailer 7 cars I got better Ins. at
5K a year. and I get $3 to $9 per mile. I charge per car and I get $160.00 per car and that will get that car delivered up to 150 miles now fill the trailer 7X160=$1120.00 / 150 miles = 7.32 per mile
Now the trick is to fill the trailer again for the trip home. Most trips I come with at least 5 cars.
After 4 1/2 years of HARD work it's still not easy but it is better.
If you want to Hotshot or be an Owner Operator you better be ready to do some creative financing and hard work and long hours.
Don't work for free
Good Luck
Cliff
The first 3 years I paid 15K a year just for Ins. + truck & trailer payments Fuel and Tags + truck repairs.
Now I have a newer truck and a brand new trailer 7 cars I got better Ins. at
5K a year. and I get $3 to $9 per mile. I charge per car and I get $160.00 per car and that will get that car delivered up to 150 miles now fill the trailer 7X160=$1120.00 / 150 miles = 7.32 per mile
Now the trick is to fill the trailer again for the trip home. Most trips I come with at least 5 cars.
After 4 1/2 years of HARD work it's still not easy but it is better.
If you want to Hotshot or be an Owner Operator you better be ready to do some creative financing and hard work and long hours.
Don't work for free
Good Luck
Cliff
#32
Were looking at a new trailer, 150K , we made the contracter 50K in 8 months but he had to pay the insurance and commercial fees. So reality knocks that downto about 20K maybe, I really dont see a whole lot of money in owning the trailer. do you?
After truck fees, insurance, repairs and fuel, theres really not alot to rave about. I am the book keeper and I know excatly where every penny earns goes.......... not alot left.
The pilot truck however made some good cash. If we could only keep that a secret, wed be good, but i dont want to risk it.
So If you could get a nice reliable truck ,(Chevy no doubt). pilot it up for a running truck,cost a couple grand to get a good sign . you could pay for it in a year or two. As long as you have no major problems (Again I say stay with Chevy)....,
Where are you from Oasis3?
After truck fees, insurance, repairs and fuel, theres really not alot to rave about. I am the book keeper and I know excatly where every penny earns goes.......... not alot left.
The pilot truck however made some good cash. If we could only keep that a secret, wed be good, but i dont want to risk it.
So If you could get a nice reliable truck ,(Chevy no doubt). pilot it up for a running truck,cost a couple grand to get a good sign . you could pay for it in a year or two. As long as you have no major problems (Again I say stay with Chevy)....,
Where are you from Oasis3?
#34
#35
If you really want to know what you can and can't do, just read your policy jacket, or ask for one. It will spell out everything you can and can't do, and you'll even possibly be able to find gray area's that you can use to your advantage. It all comes with being informed. Generally, some things will be covered under homeowners while the trailer and truck will be covered under auto. The trailer may only have $1000 coverage on it... there are so many things to watch out for that people really need to read those things they usually throw away, because its all in there and your adjusters know what is and isn't in that policy info...
...take it from an adjuster who knows
...take it from an adjuster who knows
#36
I am going to throw down a little info here,If you get into Ks and get stopped by KHP and are found to be hauling for hire without authority or insurance the punishment will get up to a months good wages quick on the first offensce.I pulled a enclosed car trailer to Bandimere and got stopped and checked--I told him we were going racing at all ford day---Even though I run a commercial trucking fleet I got a warning as I didnt have a IFTA pemit as well as KCC for the pu---When racing if you sell anything like hats or t-shirts or race for cash you are considered commercial.A lot of other states are doing this as well because commercial truck registrations are down and they need to replace lost revenue------SO beware even if it is AG related (cows, feed , grain )The only way that is legal here is on the barter system where no cash changes hands and that even has restrictions
#37
#38
I am going to throw down a little info here,If you get into Ks and get stopped by KHP and are found to be hauling for hire without authority or insurance the punishment will get up to a months good wages quick on the first offensce.I pulled a enclosed car trailer to Bandimere and got stopped and checked--I told him we were going racing at all ford day---Even though I run a commercial trucking fleet I got a warning as I didnt have a IFTA pemit as well as KCC for the pu---When racing if you sell anything like hats or t-shirts or race for cash you are considered commercial.A lot of other states are doing this as well because commercial truck registrations are down and they need to replace lost revenue------SO beware even if it is AG related (cows, feed , grain )The only way that is legal here is on the barter system where no cash changes hands and that even has restrictions
#39
I'm getting $1.50 a mile hauling travel trailers,it's not enough,but it's the best paying thing I've got to do at the moment.
---AutoMerged DoublePost---
I'll play with the rules,but insurance is a must,commercial has to have 1,000,000 liability coverage,and I've got 100k cargo insurance.if you have an accident and you are not insured the other ppl will own you.
If you need a log book and you don't have one/can't be where you are you can lose your license for life if someone is killed,regardless of who's at fault.
DOT aint playin.
---AutoMerged DoublePost---
If you need a log book and you don't have one/can't be where you are you can lose your license for life if someone is killed,regardless of who's at fault.
DOT aint playin.
Last edited by Mr.Krabs; 04-01-2008 at 03:42 PM. Reason: Automerged Doublepost
#40