Should you Rent or Buy a truck? My personal opinion.

Автокөліктер мен көлік құралдары

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I know this video was a little all over the place but there is so much to talk about as far as weighing your options as far as renting vs buying. I hope this video was at least some what helpful for you guys out there considering buying or renting a truck.
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Пікірлер: 74

  • @truckingempire563
    @truckingempire5632 жыл бұрын

    🚨Live stream tomorrow February 20th 6pm eastern on instagram🚨 @trucknoutthebox @truckingempire1 dont miss it!!

  • @TrucknOutTheBox

    @TrucknOutTheBox

    2 жыл бұрын

    Let’s Gooooo 🔥‼️💯

  • @deelexus7130
    @deelexus713011 ай бұрын

    This is the best video I’ve seen on starting your own trucking business. Renting is what im about to do save the money from my profits and put a down payment on a new truck. Smartest way out there don’t be greedy, Rome wasn’t build in a day.

  • @naamakivi
    @naamakivi Жыл бұрын

    I am agreeing with you on this move. 👉🏽 Smart

  • @justiceruler7104
    @justiceruler7104 Жыл бұрын

    Well fuccin put… I loved how you explained everyone from your perspective. It make sense to do it how you explained if you have no game plan or revenue. Ima save this video because everything you have said I can’t really find that in too many videos on the box truck game. Bro you have came a long way and have made big moves. Much respect too you

  • @truckingempire563

    @truckingempire563

    Жыл бұрын

    Much appreciated, i made this video for people like you. I want everyone to learn from my mistakes 💯good luck on your journey💪🏽

  • @kevinsaxon8646
    @kevinsaxon86462 жыл бұрын

    I completely agree with your "Rent vs Buy" theory. In this market it's the wise choice

  • @TrucknOutTheBox
    @TrucknOutTheBox2 жыл бұрын

    Great Content as Always

  • @one2dothis
    @one2dothis2 жыл бұрын

    I met a guy at the gas station. I stopped and asked him a lot of questions about renting & owning a truck. He said he had 4 other drivers working for him right now. He said to promise him if I started to please rent a truck. He said that's how he scaled. You know what's funny? I watch this video and you damn near say the same thing. Thank you for the insight

  • @westcoastRogers
    @westcoastRogers2 жыл бұрын

    Thank you for the sauce bro 🙏

  • @zai502
    @zai5022 жыл бұрын

    Keep up the hard work.

  • @Marbert2010
    @Marbert20102 жыл бұрын

    Great knowledge got a new subscriber

  • @rodneycambridge1666
    @rodneycambridge16662 жыл бұрын

    Appreciate the content

  • @treyjordano1597
    @treyjordano1597 Жыл бұрын

    Need more guidance like this in our community! Thanks!

  • @TheNatedoggva
    @TheNatedoggva Жыл бұрын

    So my question is what if it takes you months before you start bringing in any money? Your wasting money on a rental. From what I've seen, it's not that east to land a contract if your a new carrier. I would think it would be better to buy a used van and at least you don't have a monthly payment 🤷🏿‍♂️

  • @leonardjohnson5198

    @leonardjohnson5198

    Жыл бұрын

    Literally what I am faced with right now. I rented with Fluid and did OTR for about a month and had a fat mileage bill so I ended up returning it. I think maybe leasing is the way to go as long as there are no mileage stipulations.

  • @boxtruckfam8400
    @boxtruckfam84002 жыл бұрын

    Too much sauce!! Thanks for your input fam.

  • @tracybeasley1830
    @tracybeasley18302 жыл бұрын

    Solid content 💪🏿💪🏿

  • @jeremyglenn6817
    @jeremyglenn68172 жыл бұрын

    Great video 🤟🏾🗣

  • @onegong3295
    @onegong32952 жыл бұрын

    Thank u bro 😎

  • @j_wide
    @j_wide2 жыл бұрын

    Good info man, emailed you.

  • @kevinsaxon8646
    @kevinsaxon86462 жыл бұрын

    Great info here which I'm going to use. Thank you! I wanted to ask how the per mile rates have reacted to the rising cost of fuel (cpm). And if it's caused a + or - in net income, all else being equal. Is the margin keeping pace ? Would be a good video too.

  • @truckingempire563

    @truckingempire563

    2 жыл бұрын

    Video on that dropping tomorrow!!

  • @terrenceridley1140
    @terrenceridley11402 жыл бұрын

    HE’S SPITTING STRAIGHT GEMS 💎💎

  • @SUPREMEAUDITS
    @SUPREMEAUDITS2 жыл бұрын

    Preaching !

  • @leonardjohnson5198
    @leonardjohnson5198 Жыл бұрын

    Any recommendations as far as rentals/leases? Do I rent and pay for mileage or lease?

  • @lklbanmis9414
    @lklbanmis94142 жыл бұрын

    Good info bro. I'm renting but I'm about to take it back it costs me 1k a week plus .35cents per mile. It's killing my profits.

  • @truckingempire563

    @truckingempire563

    2 жыл бұрын

    Yea time for an adjustment im looking at financing hotshot trucks and leasing trailers much cheaper option, can run a 32ft trailer with no cdl and dont have to worry about height clearances

  • @lklbanmis9414

    @lklbanmis9414

    2 жыл бұрын

    @@truckingempire563 I was thinking of something similar. I have a pickup truck already I just need the trailer. I got a load from Chicago to Iowa 2 days ago paying $1,200 but I couldn't find anything coming back except relay loads but I did see a ton of hotshot trailer loads coming out of Iowa.

  • @leonardjohnson5198

    @leonardjohnson5198

    Жыл бұрын

    Same bro, rented with Fluid and I had a fat mileage bill when I returned it. Probably not the best way to go. I'm currently looking at leasing w/unlimited mileage or just purchasing new.

  • @MrEpalmer1
    @MrEpalmer12 жыл бұрын

    Curious, when you first started did you get your authority soon as you started?

  • @JV-lj4gt
    @JV-lj4gt2 жыл бұрын

    🔥🔥🔥New follower nice brother

  • @KeepItPlayaTrey
    @KeepItPlayaTrey Жыл бұрын

    do you need apportion plates when renting or Ifta and do you have to do an annual dot inspection with the rentals

  • @surgelottomusic1468
    @surgelottomusic14682 жыл бұрын

    I’m trying to do this I’m tired of getting laid off from the type of work I do.. I just wanna work and stay working but I need some type of motivation.

  • @TorahObservantUnitarian
    @TorahObservantUnitarian2 жыл бұрын

    I'ma need a mentorship to understand how you're home now with drivers . What else is included in mentorship ? Also, Is it possible to be home everyday with a box truck and make $2k a week net ? I'm not seeing it on the load boards but maybe I'm missing it.

  • @PartTimeGigga
    @PartTimeGigga2 жыл бұрын

    How were you able to find reliable drivers so fast?

  • @MB-qz7xb
    @MB-qz7xb2 жыл бұрын

    What type of rental truck you worked on box truck or van dry truck

  • @whodinilucas9988
    @whodinilucas9988 Жыл бұрын

    how much is your insurance, and who did you go through?

  • @itsmitchnewton7670
    @itsmitchnewton76702 жыл бұрын

    What if you get a rental and then struggle to get that first load

  • @MIKEG509
    @MIKEG5092 жыл бұрын

    We gonna do that consult soon

  • @truckingempire563

    @truckingempire563

    2 жыл бұрын

    I was under the impression i was all caught up as far as consultations. Email me in the same thread so i can go back and look

  • @cmdplaytowin
    @cmdplaytowin Жыл бұрын

    how much are you paying the drivers of the rental trucks?

  • @robertmyers4141
    @robertmyers41412 жыл бұрын

    Despite the economic crisis, this is Still a good time to invest in Crypto and Gold

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    @robertmyers9937

    2 жыл бұрын

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    @samsonsteven4436

    2 жыл бұрын

    I have been seeing so many recommendations about Elina camil all over social network trending. Her strategy must be good for people to talk about her

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    @marilynmaresprov9004

    2 жыл бұрын

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  • @Javierzanetti77

    @Javierzanetti77

    2 жыл бұрын

    Please I would like to be a part of her team..how do I get started?

  • @BenSHp

    @BenSHp

    2 жыл бұрын

    I invested with Elina too,she understands every beginners intention and fix you to a trading plan that matches your capacity,

  • @albertniyazov7111
    @albertniyazov71112 жыл бұрын

    how do you get a commercial insurance on the rental truck?? Ive tried and companies told me that i need to be an owner of the truck. Im confused Please help

  • @eastafricatotheworld
    @eastafricatotheworld2 жыл бұрын

    Great vid again thanks

  • @rafalaksamit4040
    @rafalaksamit40402 жыл бұрын

    How do you run legal with out a sleeper in those rental trucks??

  • @leonardjohnson5198

    @leonardjohnson5198

    Жыл бұрын

    I wondered that as well. I'm not sleeping at a hotel either. I rented a Ram Promaster and slept in the front seat (rough!) but if I had bought one, there's options to turn the front two seats into a bed. But with a box truck, how?! I'm sure he made do though

  • @KingJames-di5yl
    @KingJames-di5yl2 жыл бұрын

    I want to rent a truck and come up north where your at

  • @TheGeno2001h
    @TheGeno2001h2 жыл бұрын

    Hello do I need CDL to drive 26 feet and where I find ranting truck thank you for your videos

  • @TorahObservantUnitarian

    @TorahObservantUnitarian

    2 жыл бұрын

    No no cdl look up rental trucks.

  • @TheGeno2001h

    @TheGeno2001h

    2 жыл бұрын

    @@TorahObservantUnitarian thank you sir

  • @TorahObservantUnitarian

    @TorahObservantUnitarian

    2 жыл бұрын

    @@TheGeno2001h budget truck rental the best

  • @KingJames-di5yl
    @KingJames-di5yl2 жыл бұрын

    Bro I really interested in what your saying I have 15k saved what should I do?

  • @truckingempire563

    @truckingempire563

    2 жыл бұрын

    tap in on my email!!

  • @sodamnsmooth8416
    @sodamnsmooth84162 жыл бұрын

    hey man do you do calls or FT for info? very interested can pay

  • @truckingempire563

    @truckingempire563

    2 жыл бұрын

    Yea bro i do consultations just email me!

  • @adamsaleh6322
    @adamsaleh63222 жыл бұрын

    what companies offer low rates per mile when renting?

  • @adamsaleh6322

    @adamsaleh6322

    2 жыл бұрын

    ??

  • @TorahObservantUnitarian

    @TorahObservantUnitarian

    2 жыл бұрын

    Budget.

  • @treamccullum2296
    @treamccullum22962 жыл бұрын

    You offer dispatching?

  • @TonyS2118
    @TonyS21182 жыл бұрын

    🔥🚀

  • @TheGeno2001h
    @TheGeno2001h2 жыл бұрын

    Do you know anyone can help me to start?

  • @truckingempire563

    @truckingempire563

    2 жыл бұрын

    Myself

  • @TheGeno2001h

    @TheGeno2001h

    2 жыл бұрын

    @@truckingempire563 thank you sir that’s a really nice of you

  • @hannahaltman8410
    @hannahaltman84102 жыл бұрын

    Are you looking for new drivers

  • @truckingempire563

    @truckingempire563

    2 жыл бұрын

    Not currently

  • @kwanelz
    @kwanelz2 жыл бұрын

    What’s going on Ryan is there a email I can contact you I have a company and already getting loads I just have some basic questions

  • @danielmanos1086
    @danielmanos10862 жыл бұрын

    Hey brotha can I get your email so I can hopefully call you for a consultation!?

  • @truckingempire563

    @truckingempire563

    2 жыл бұрын

    Rawtrucking21@yahoo.com