| Archive for Hotshot Connect Forum Connecting Transporters and Shippers |
| bobker |
car hauling capital?Hi everyone,I'm from orlando fl and im thinking about getting into the car hauling biz soon.we have lots of car auctions here,plus i know some local dealers. I don't have a cdl yet,and i'd like to start with a new dually dodge pick&3car trailer.i have good credit which will help me finance the truck&trailer and i only have $5000 in cash.I am a hard working man and willing to do whatever it takes to establish my business. Am i qualified for this or what?how much money it will cost for insurance,permits et c....?your infos are realy appreciated.thanx a bunch to everyone.[/b] |
| Tom Cobb |
I recommend starting here and when you have digested all of it then re-assess what you want to do to be sure this is what you want to jump into.
http://hotshotconnect.myfreeforum.org/forum4.php If you have to finance the truck and trailer and only have $5K cash to start out you are going to be starting out wrong. I will cost all of that and more to start out. Insurance will cost you over $10K alone. You won't make enough for several months to a maybe a year to be making payments on equipt. and insurance. What will you live on? Do you have other income sources? DO YOU HAVE A BUSINESS PLAN? |