START UP COST FOR DUMP TRUCK BUSINESS.
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- เผยแพร่เมื่อ 28 ส.ค. 2024
- JUST SOME COSTS THAT I AM RUNNING INTO WITH STARTING THE DUMP TRUCK BUSINESS LIKE TONNAGE AND DOT NUMBER...
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Crazy how far we have come !!!
Honesty is the best policy.
Tags for my truck are 2800 annually here in Michigan w a 54k elective weight. 600 bucks is a deal,!!
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.
“ Only idiots start a business on loan”- Mark Cuban
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.
The flushed toy in the toilet brought me to your channel and I'm glad it did. Your channel is fantastic !
Glad you like the content!
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!
Wheres good busy spot in texas
You sir, are an inspiration
Great advice.
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
Tare weight is 24,700
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.
Im looking into buying a toter did you build one or find one that was already set up
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.
Check out my latest video about how I choose a dump truck!
will if I stay local no drug testing is this right & even not crossing State lines do you still need an Operating Authority
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.
$8,000 for a dump truck? Does it say 'Tonka' by any chance?
Phoenix its bad money??
@@marciofidellesk9557 was just a joke homie...$8,000 is awesome!
@@phoenixrich149 its good, i give like on the Brasil, very nice your video and information.
I think you need to get the weight checked, 16,000 is light, probably weighs at least 20 especially with the drop axle.
I was thinking the same thing that might be the weight without the box ?,
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.
That does not weigh 16,000 somewhere in between 20,000-30,000 pounds the stripped down basic new KW T680 daycab weighs 16,000
When I ran semi my tractor with flat top double bunk ( bunk listed at 700 lbs) 470 Detroit before PTO pump and wet lines weighed 17,900 from factory.
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?
+Azzamat montiel check out the playlist there is everything you need to know about running a dump truck business.
I was looking into the dot number with the Operating Atority it's free in pa the Mc number is the 300 bucks??
Hey every says to buy a tri dump . What is it I can't make money on a double.axle?
You won't make the same money on a tandem vs a tri axle
@@BRIANVANDUYN I appreciate the response. Thank you.
Looked at a lot of trucks and majority are Air ride what do you think of them? Have older truck thats all leaf spring.
Steering is weird on air ride also iv heard they arnt to good offroad they get tipsy
That’s what bothers me hard to find full leaf suspension
@@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
Cool
Hi brother 👍👍🚛🚛🚛
I’ve been having trouble getting past the DOT Fmcsa address portion on my application any help?
Look it up on you tube there are some good videos already on there
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
YES you still need dot numbers
You don’t need IFTA though
Are you running apportioned plates with the IFTA sticker?
no
Ifta is if your running across state lines.
How much is the Insurance?
10k per year
How many years of experience do you have ?
Why haven't you weighed the truck on a certified scale ?
i havent had it back long enough to do it yet also i need to put the drop axle back on...
Does dot number require insurance?
glenbjack I didn't have to have insurance to get my dot number
ok cool!
@@glenbjack but you do have to have a dot# to get insurance.
Brian, what is your target date for road-worthiness?
I'm thinking at the earliest maybe June this year or next year summer time but we are taking things slow since we are saving to build a house .
'Tegridy Trucks
More on how to make money with the truck and find work the stuff your talking about everyone knows how to do it its self explanatory
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!
Issam Ettalbi th-cam.com/video/YqkOQ0cVq0k/w-d-xo.html check out this video!!! i just posted about how to find work
No I think plenty wanted to hear this... thanks
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