Buy my own truck or stay on as a company driver ?

I am a professional company truck driver for over 10 years now running the US West Coast. I want to know what other small business people think if I should have my own truck, given the economy on a recovery now. Any suggestions please ? Thanks in advance for your time and thought.

Asked By: preet s - 6/24/2009
Best Answer - Chosen by Asker
My immediate thought about this is to stay on holding onto your job... More
Answered By: Triggo - 6/24/2009
Additional Answers (2)
You would be in competition with the company you work for, but what's a little competition. You need to assess what types of loads need to be delivered and how often, can you get people interested to use your service etc. Take in the cost of buying the vehicle. Maybe you could hire a lorry and do the business on a... More
Answered By: arty_green_lady - 6/24/2009
Keep your job with your company. Now is not a good time to buy a truck because of the total cost of operations, (fuel, insurance, upkeep etc) If you really want to buy your own truck, do make your business plan, and revise it as time goes on, and be prepared to stick to it when the time is better.
Answered By: B. B. - 6/24/2009
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