JUST SOME COSTS THAT I AM RUNNING INTO WITH STARTING THE DUMP TRUCK BUSINESS LIKE TONNAGE AND DOT NUMBER... link for led cab lights amzn.to/2yGP7f2 link for led turn lights amzn.to/2yH6QkW link for anodized paint amzn.to/2yK248b
Going into dept for my backhoe, Dump truck, Trailer, Crane.... loans was the best thing I’ve ever done. Not everyone has cash. Id rather fianace equipment to get the equipment so the equipment can start making me money and build credit and I keep my cash as working capital for Back up. There’s lots of work out. Squeaky wheel gets the grease
+greg silva your plan doesnt account for risk , debt is risk, if you dont have the money save. That's what i did, its not hard it just takes time and it is the best way. Loans are instant gratification and typically dont work.
I started my current business 💯 percent on credit cards. Still doing great now and debt free. I started a different business with cash back in 06. I went broke in 3 months and had to sell everything to just keep my house. Different strokes for different folks. Everyone has a different situation.
Dam!!!! Here in Ohio we,re running 6 axle Petes and KWs 13 speeds C-15and C-14 Cat motors with 21 ft aluminum beds and lightweight around 24-25thousand and allowed 74 thousand gross and tags and insurance is less than $1500 per year each truck.
Main thing with dump is regular maintenance. Our trucks are serviced each week and fluids checked then look for any flaws(cracks,airlines,tires,lights) Ours are in the coal,mud,sand,dust,gravel, etc. Up keep a little more than over the road truck
Hey Brian prior to starting your own business did you work for anyone else as a driver or company driver my father is an Owner operator but he drives an 18 wheeler I really want to get into the dump truck business here in Texas it’s booming and I’m working to save a good chunk to buy a decent truck and have enough saved to keep me going and for maintanance, Paper work etc, thanks for your informative videos man! You’re awesome
@Mark Sinclair yes i drove as a company driver for several different companies i started driving roofing convayor trucks then i got a job driving tanker trucks hauling fuel , but before i started my dump truck business i never drove dump trucks. Thanks for watching!
Tags are cheap there. I run a mobile home toter, gross plates 54k $350/ every 3 months, im too broke to afford the 12 month, which saves you a while $50. Good ole Michigan, one good pot hole and rip the front end off yer truck.
I wouldn't bother with DOT numbers unless you are crossing state lines. If you are not in "interstate commerce" you only have to deal with whatever state requirements you have. Crossing state lines requires 'apportioned" plates, IFTA over 26,000 gross, Uniform Carrier Act fees, drug tests etc. I wonder if an $8000 truck is a good idea unless you can do the repairs yourself. Sounds like parts will quickly turn it into an expensive truck even if you don't have labor costs.
I have buddies in the excavation business like I am here in MA. And they say their trucks (10 wheelers with 54k over weight permit) costs them 10k every year before they even turn on the key. That's registration, insurance, over weight permits, dot number and registration, IFTA. This doesn't seem right. Any one have any idea what that's all about? Looking to get a 10 wheeler to grow the business but am trying todo my re search before I get in over my head and go bank rupt with the thing.
Brian Van Duyn that's probably as a road tractor, your truck probably scales 24500 to 27500 depending on how heavy the bed is and how much fuel you have. DOT numbers are free you are talking about your MC number which allows you to cross state lines. You can get a DOT number and run intrastate. Not sure what your state charges for in state authority but that's all you would need.
I’m interested in starting a dump truck business from the ground up, I have the cash I just don’t have the guidance. Can you message me on how to get started?
@@dunnoyolo2238 our company has aT-800 KW 6-axle with what called 8-bag air ride. Nice on rode but in coal pits,well sites,stone spreading sites it was unstable and much maintenance. We changed it out. Check into rubber block suspension. Rides a little stiff but less cost and maintenance
so if I was to start and intrastate trucking company never leaving my home state would I need dot numbers? what about getting my own authority? I mean its a dump trucks its probably either going to haul aggregates or dirt
HAHA ok thanks for the input, ill get to that stuff when i get to it lol i have to get the truck road worthy first! then ill share some of the trade secrets!
