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I am a 60 y/o that’s tired of working outdoors, enjoys driving. I am thinking of getting a Class A CDL, then buy a used truck, get insurance and begin hauling loads long distance.
1.) Will I be able to find work easily?
2.) Will insurance be too high for me to make any money, being new to trucking?
3.) Is it best for me to work for a company first and for how long?
4.) Would I need to buy or rent a trailer or flatbed?
At 60 Im assuming you’ve built up a a decent nest egg that you’ll be able to burn through in the 1st year or 2 of your adventure.
So how long would it benefit me to work for someone else. At my age I also worry about getting a job too
Trucker Forum STAFF
Before you go into debt buying a truck, drive for someone first. Hook on with an OTR company and give it a couple of years.
There’s a lot to learn about being an OO and driving the truck is the easiest part.
Whatever you do, don’t fall for a lease/purchase scam from one of the mega carriers.
Just drive. Listen. Watch. Learn.
I am interested in profits, if it is profitable.
Profitable for some, quite an expensive adventure for others, it all just depends. Most first time new owners goes belly up, I don’t know the percentage, but it is on the high side.
I would think that insurance might make it impossible to make a profit just getting started, because I would be driving a truck without much experience. Don’t know much about the taxes either. This is something I am now looking into. Good to hear realistic feedback, instead of planning a pipedream however
Getting a job is the easy part. Graduate from cdl school and there’s a couple dozen companies just waiting to hire you.
Be a company driver for 2 or 3 years before even considering becoming an owner-operator.
Join www.OOIDA.com to learn the business end of owning a truck. It’s not that simple. I don’t know of any place that will let you haul freight with no experience or even with 1 yr. experience.
For now, go with a coast to coast outfit to gain experience with all weather/all terrain driving.
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