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Old 01-29-2007, 10:58 AM   #1 (permalink)
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Car Hauling Business?

A friend of mine was thinking of starting his own car hauling business. He is looking at purchasing a 3-4 car trailer and will be using a 99 PSD dually to tow. Does anyone here have any experience with this business that would like to share some info? Start up fees, recommendations that sort of thing.

Thanks in advance.
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Old 01-29-2007, 05:53 PM   #2 (permalink)
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Re: Car Hauling Business?

Diesel Fuel $2.50 a gallon. That about sums it up.
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Old 01-29-2007, 05:59 PM   #3 (permalink)
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Re: Car Hauling Business?

Not to rain on your parade because I'm only stating "what I've heard".
That being said, I have heard that it is fairly difficult to really make any decent money in that business. Besides, with the 6.4L coming in an option that hauls 24,500 lbs, He's going to be hauling the majority of the cars. [img]/ubbthreads/images/graemlins/shrug.gif[/img]
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Old 01-29-2007, 08:42 PM   #4 (permalink)
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Re: Car Hauling Business?

All I will say is


http://www.uship.com/

that will sum it up.Stan
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Old 01-29-2007, 09:36 PM   #5 (permalink)
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Re: Car Hauling Business?

Im sure these is some kind of insurance, and i bet its pricy!
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Old 01-29-2007, 09:40 PM   #6 (permalink)
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Re: Car Hauling Business?

Ask your questions Here.

Good luck,
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Old 01-29-2007, 09:55 PM   #7 (permalink)
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Re: Car Hauling Business?

[ QUOTE ]
Im sure these is some kind of insurance, and i bet its pricy!

[/ QUOTE ]

Four years ago I checked into insurance for occasional hauling tractors for a gentleman near me who buys and sells. Minimum I was quoted was just over $500.00 per month. Not cost effective for me. I have talked to folks who are spending $7-8,000 per year on insurance alone. Some companies you can lease on to will provide insurance at a reduced cost.

Dave / Believer45
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Old 01-29-2007, 10:11 PM   #8 (permalink)
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Re: Car Hauling Business?

Look to be spending $7000+ for insurance for your first 3 years you are in business.

If you are using a 99 truck, how many miles are already on it? Figure if you are going to be really running the heck out of that truck so you will be beating it up pretty good with a 3-4 car hauler.

Also, figure around .65+ cents per mile cost just to run the truck with all of the expenses.

I am in the car hauling business hauling classic/highline cars enclosed and do very good but this business isn't for everyone.

Good Luck!
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Old 01-30-2007, 12:30 PM   #9 (permalink)
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Re: Car Hauling Business?

With a 3 - 4 car hauler you're going to be handling a few kinds of transport:

Wrecked cars going to auction (cheap as they can get it)

Repo'd cars going to auction (cheap as they can get it)

Auction cars going to dealers (cheap as they can get it)

The problem is for the costs to run a LD truck and trailer, you're almost to the cost of running a HD car hauler than can handle 8 cars or more.

I don't mean to say that you might not be able to make a living, but you are essentially buying yourself a job. (which is what I and many towers have done also).
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Old 01-30-2007, 10:44 PM   #10 (permalink)
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Re: Car Hauling Business?

I run oilfiled hotshot and have talked to several carhaulers when I go up north from Tx. Mainly looking for a backhaul to get back to Tx, if nothing else than to pay the fuel. There are a few websites, I think the main one recommended was centraldispatch.com. Unless you lease to a company you have to get your own authority, public liabilty insurance, cargo insurance. Lease onto a company you get paid weekly off a percentage lease and they cover the public liability and cargo. Run on your own you cover all that and wait for brokers and customers to pay you. Often 30-120 days after the haul.
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Old 01-31-2007, 10:59 AM   #11 (permalink)
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Re: Car Hauling Business?

[ QUOTE ]
[ QUOTE ]
Im sure these is some kind of insurance, and i bet its pricy!

[/ QUOTE ]

Four years ago I checked into insurance for occasional hauling tractors for a gentleman near me who buys and sells. Minimum I was quoted was just over $500.00 per month. Not cost effective for me. I have talked to folks who are spending $7-8,000 per year on insurance alone. Some companies you can lease on to will provide insurance at a reduced cost.

Dave / Believer45

[/ QUOTE ]

How many states were included for the $500 a month? When I was a recovery agent I paid real close to that figure monthly. I was only allowed to run Ks, Ok, Mo, and Northern Tx. Price doubled if I wanted 48 state authority.
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Old 01-31-2007, 11:13 AM   #12 (permalink)
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Re: Car Hauling Business?

[ QUOTE ]
How many states were included for the $500 a month? When I was a recovery agent I paid real close to that figure monthly. I was only allowed to run Ks, Ok, Mo, and Northern Tx. Price doubled if I wanted 48 state authority.

[/ QUOTE ]

I did not ask so I assume 48 but not sure. At the very least it was for OH -IN - KY - PA - WV - MI. It was for occasional use not full time which, according to my agent, brings the price down.

Dave / Believer45
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THANK YOU to all the heroes in our military and all the heroes at home who wait for their safe return. I am humbled by and grateful for your service and sacrifice.

LINK TO LIST OF THE FALLEN



'95 F250 ext cab long bed, PSD, 5 speed, 2 wheel drive, 3.55 gears, 286,000 miles, Edge Evolution CTS (LINK TO MY REVIEW), LUK clutch, homemade REAR BUMPER, open element AIR FILTER, 36" ARE contractor cap. With tools, full of fuel and me on board (300 lbs) steer 3620, drive 3860 total 7480.
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Old 02-01-2007, 11:04 AM   #13 (permalink)
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Re: Car Hauling Business?

Hi, I'm going to get a dually in the next 45 days. I've been in trucking for 8 yrs. Can you help me find a list of companies that lease on dually drivers? The ones that carry the trailer and insurance for you. I live in NC. Any help would be appreciated! I need this list ASAP, please. Thanks, Diesel [img]/ubbthreads/images/graemlins/smile.gif[/img]
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Old 02-01-2007, 06:52 PM   #14 (permalink)
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Re: Car Hauling Business?

[ QUOTE ]
Hi, I'm going to get a dually in the next 45 days. I've been in trucking for 8 yrs. Can you help me find a list of companies that lease on dually drivers? The ones that carry the trailer and insurance for you. I live in NC. Any help would be appreciated! I need this list ASAP, please. Thanks, Diesel [img]/ubbthreads/images/graemlins/smile.gif[/img]

[/ QUOTE ]

Are you looking to make a living? Buy a used semi tractor and lease the truck onto a carrier. You can haul anything with a tractor, you are severely limited with a pickup truck. Get 6 mpg hauling 80K or 12 mpg hauling 25K.

There are too many people losing money day after day trying to make a living in a light duty vehicle. I did it, and I'll never do it again.
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1985 Ford Ranger 2.3L 5 speed
1966 Mustang 200 I6, auto, 4 wheel disk, power brake retrofit, Corvette master.

Former vehicles, 1994 E350 7.3L IDI, 1985 International 1654 rollback, 6.9L IDI, (2) 1994 Ford E350 7.3L IDI, 1985 Ford F350 DRW 6.9L IDI, 1985 Ford F350 wrecker 6.9L IDI.

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Old 02-01-2007, 07:23 PM   #15 (permalink)
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Re: Car Hauling Business?

I'm in the south and I know some people that have their own duallys. They are doing extremely well. All I want to haul is cars with a 3 car hauler. I need some companies who lease on dually operators for full-time work and hot shots. I'll investigate it further after I get these companies. I appreciate the advice.
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