Dollars & Sense

By Kevin Rutherford

Dollars and Sense: Expect more pain before any gain

By Kevin Rutherford | September 09, 2009

Dollars-chartIs this a good time to get my own authority?

Now is not the time to make that jump. The customers you would be counting on might not be in business three months from now. Take the time to learn all you can about operating independently. Put your search for possible customers on hold for now.

Trucks are ridiculously cheap now. Should I grab the best deal I can find?

Don’t worry – the bargains will be here for quite some time. Because fleets have so many trucks that aren’t being used, the truck surplus and its accompanying low prices will not vanish right away. Study the truck market. Wait for the recovery to lock in before rushing to jump on a bargain.