Please advise on my new start.

Nutleyboy

New Recruit
Owner/Operator
Hi, I am planning to buy a 2013 Ford Transit Connect Cargo XL Van to start a delivery business since it’s the only van I can afford right now. Is it a good time to jump in, and what should I do before buying the van to avoid wasting time and start working immediately?
Thank you!
 

Ragman

Veteran Expediter
Retired Expediter
Hi, I am planning to buy a 2013 Ford Transit Connect Cargo XL Van to start a delivery business since it’s the only van I can afford right now. Is it a good time to jump in, and what should I do before buying the van to avoid wasting time and start working immediately?
Thank you!
Do you know how to get loads?
 

Nutleyboy

New Recruit
Owner/Operator
Do you know how to get loads?
I am currently reviewing what other people do. So i got apps where I can get orders like uber freight and go share. I know that I could sign contracts with local companies to make deliveries.
 

brokcanadian

Veteran Expediter
Owner/Operator
If you can afford the vehicle outright and afford to lose 100% of your investment, go for it

Just be ready to make less than minimum wage after expenses, until you find a niche that pays

(of course you already have the insurance sorted out right? If the "apps" don't cover you, totally possible you'll get a no from insurance with no prev experience)
 
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RoadTime

Veteran Expediter
Owner/Operator
This is the worst time in my life to be in expediting, especially for vans. Those gig market jobs pay crap, and getting your own customers is a lot harder then YouTube makes out and insurance cost is outrageous. Think long and hard and do more research before doing this.
 

brokcanadian

Veteran Expediter
Owner/Operator
This is the worst time in my life to be in expediting, especially for vans. Those gig market jobs pay crap, and getting your own customers is a lot harder then YouTube makes out and insurance cost is outrageous. Think long and hard and do more research before doing this.
Hey RoadTime

Happy New Year! Ragman too he'll see this

Local route. Landed another after 7 years, I have no worries - watching my fellow drivers go from $9000 pays to zero was something. But I've seen it before

Local. Ragman gets it
 
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Ragman

Veteran Expediter
Retired Expediter
Hey RoadTime

Happy New Year! Ragman too he'll see this
Happy New Year
Local route. Landed another after 7 years, I have no worries - watching my fellow drivers go from $9000 pays to zero was something. But I've seen it before

Local. Ragman gets it
What I did was actually quite different from what true expediters do. I really did not do a "route", but I did deliver to repeat locations often. My owner got enough money that going out and back was profitable.
 

indycolts

Seasoned Expediter
Owner/Operator
Be aware of level of expenses. I ran for 30 weeks last year, earnings were $92k. Expenses were $45k...$47k income before self-employment tax. Not horrible but every expense is mine with the excepting of cargo insurance which is covered by the company I'm contracted with. I also have the advantage of 95% of my loads coming from one customer and I get round trip mileage. Entering my 5th year delivering the same item all over the country.

When I first started it was living life on the road waiting for that phone call. That life sucks, both myself and the company I'm contracted with realized this and we changed tactics. Dedicated work that initially was daily and had me home every night. It morphed into this new gig which for me pays well enough that I don't waste time with waiting for work that gets me back home.

You're getting advice on here for some people who have done this for much longer than I have. Listen to them, they know their :censoredsign:.
 
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