![]() ![]() You can use my number as a general idea, but know it could vary anywhere from $600-$4,000. The registration fees vary greatly per state, so there’s no good way to estimate it. I focused on doing this right, so this number is as low as I could get it for my specific situation, but the cost does vary by state. A professional service can help you get organized with what you need, avoiding what you don’t need, and save you money in the long run. Professional Services – $1,832ĭon’t handle all the paperwork yourself, if you can help it. If you already had your truck set up right already, this cost could be as low as $300, depending on what you need. This item includes anything you need in your truck to be prepared, from a fridge and microwave to a reflective vest for shippers. If you already have a trailer, this can be marked as $0. You can learn more about the pros and cons of different trailer types and how that might affect the cost. I ended up paying $4,893 for that down payment and I purchased a reefer. Like the truck, you can also expect to pay a down payment of 10-20%. Trailer Down Payment – 10% of the Total Cost If you already have a truck, you can mark this as $0. You can use my free spreadsheet to help you compare the costs of a number of trucks, but for my down payment, I paid $13,486. This number does not include your truck’s monthly payments. While used prices can vary greatly, new semi trucks can cost anywhere from $80,000 to $150,000. As a general rule, you can expect to pay around 10-20% of the full cost of the truck for the down payment. The truck can vary greatly in cost, depending on if you purchase new or used. Truck Down Payment – 10% of the Total Cost You can compare my costs to the best-case scenario down below and learn more about each one here or get more insight on the cost of starting a trucking company. When starting Haulin Assets, I didn’t have the best-case scenario, as I didn’t have a truck, trailer, or other equipment like a GPS that truck drivers might already have. How Much SHOULD It Cost To Start a Trucking Company?Īs part of my calculator, you can use my costs to get an idea of how much you need, but like every business, this number varies greatly. The numbers you use don’t have to be completely accurate, just accurate enough to get an idea of how much cash you need to have on hand to start your trucking company or become an owner operator. Instead, you can use it as a starting point to find out exactly how much you need to put down to start your company. This calculator is not designed to calculate your monthly expenses. ![]()
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