Leasing Vs Financing A Box Truck

[@TimothyWilliamsJr]

Click the link below to get your factoring started, as well your fuel cards! www.rtsinc.com/agent-company/timothy-williams-jr/0033x000035szldaa4

[@mercymuraguri6074]

Timothy Williams Jr, yes I will but I still don’t know how to go about the boc3 and ucr without a vin number

[@TimothyWilliamsJr]

When ordering your Boc3 you don’t need to put in a truck vin number. Click the links in my description on “how to start a box trucking video” to apply.

[@mercymuraguri6074]

@@TimothyWilliamsJr ok thank you very much

[@TimothyWilliamsJr]

mercy muraguri No problem

[@gregheight4884]

Area there anyone else looking for drivers?

[@benrichards9667]

Thanks for all the info you give us. So many of us in horrible jobs, forced vax and more. Unpaid leave forced, etc. Many of us want to do something else. Bless you bro!

[@TimothyWilliamsJr]

Thank you for the support, I’m hoping and rooting for everyone to become their own boss, bring in lots of money, knowledge as well stay safe during these tough times!

[@leibyindig8981]

@@TimothyWilliamsJr through penske if you rent in ny for example and option to return in nj they give u unlimited miles no charge. As long as you option for the return in another state they wont charge. I live right at the jersey border so i rent from ny but i option to return to jersey(6 miles from my house) they give unlimited miles let ppl know it might save them alot of money. Its quite possible it works with more companies i.e enterprise.

[@keribarley]

Your comment has great strength because so many feel this way. With automation on the brink of impacting the economy, the results are either going to make it easier or more difficult for the owner operator in any sector.

[@TimothyWilliamsJr]

@@keribarley For sure, I believe that the automated trucks won't affect owner operators for years. The reason I say that is because there are a lot of things that are required from the driver besides just driving the truck.

[@callmelevon1096]

Yet we all still go to work ….maybe if we all just stopped…😏

[@dgilly8064]

I'm 44 yrs old and have a son that's 26. He has a daughter thats 5 mo old and my 24 yr old daughter has a son that's a year old. I'm ready to shoot my shot at starting a family business that will generate income for us all one day and I truly believe the box truck/delivery business is gonna be my best option with lower risk. I've been watching your video's and soaking in all the great info you're putting out there. Just sent a couple of your video's to my son also. Hopefully we can get it going this year. 🙏 Thanks again for making everything simple and feeding us the knowledge. Each one teach one. May God bless you.

[@TimothyWilliamsJr]

I’m glad you found value, and I bucky appreciate you sharing my information that I’m sharing. Many blessings sent to you & your family good luck on your journey 🙏🏽

[@ThatDamnBill]

Man you definitely dropped a diamond with this info

[@PsalmMiracle]

Out of all the hr long videos I’ve seen out there your 10 minute video was the most helpful of them all period

[@je2916]

Thank you for this informative video I will definitely keep some of these gems in mind. Just so you know I did a price check through enterprise yesterday for 26' Box truck in Central California and here are the numbers, they wanted $3000 a month and 25 cents a mile and if I went through their insurance which didn't cover cargo it would be $1300 a month with a $2500 deductible up to $5000 deductible.

[@TimothyWilliamsJr]

No problem, thank you sharing that information it seems a bit high but that may just align with the cost of living in California lol

[@claytoncastrogiovanni5678]

I did a quote to it was 4350 a month .25 cent a mile

[@TimothyWilliamsJr]

Clayton Castrogiovanni That’s crazy, how do they expect anyone to make any money? You would still have to pay for insurance, driver pay, fuel etc

[@leibyindig8981]

If u place your return spot on a rental in another state no mileage charge

[@kfelix2934]

I did the same investigation and was give 2600 per month, and insurance was approx 1900 with a 2500 deductible. I went the route and bought used freightline with 260k miles on it and did some maintenance towards the truck. I would never personally lease a truck since your throwing money away, but that is me and it's all written off at the end of the day.

[@MIKEOAKSBIG]

I appreciate you helping the community.

[@TimothyWilliamsJr]

I appreciate you for the support.

[@chrislivingston9494]

You’re doing a great service with the info brother!! Thanks for sharing!!

[@TimothyWilliamsJr]

Thank you for the support, good luck on your journey 🙏🏽

[@Kimmiesman24]

Been drving a tractor trailer for 8 years and somehow wound up here. I feel like a lot of your points can apply to being an owner op in a big truck too. Good video 🙂

[@TimothyWilliamsJr]

Drove tractor trailer for 3 years for-sure can be applied to both. Thank you very much, be safe out there on the road 👍🏽

[@Kimmiesman24]

@@TimothyWilliamsJr you as well brother 🙂

[@luissantiago147]

One important detail/question…CDL Vs. Non CDL. There is a critical difference. Personally I find that a CDL Box truck is more advantageous, I’m not limited on my load choices. I also have HazMat, Tank and TWIC which lend to my earning potential. What is your take on this?

[@TimothyWilliamsJr]

I agree with you that you have more advantages, but also if it’s a box truck that requires a CDL I would rather go and get a semi because you have a lot more options as far as running freight.

[@kfelix2934]

CDL is not require for most single rear axle 26001 GVWR , but yes having hazmat is good and twic just even better. Tanker which I have is of no use for you if your driving a box only. Also for something like local routes or amazon you do not need a big box truck to carry 6 -14 pallets around imho.

[@mo8282]

Can you make a video about how you breakdown your cpm? To understand more in details the variables costs and the fixes costs ! One more thing is how to find a load or a dedicated loads, a contract before buying a box truck?

[@AmirKhan-tz4cy]

Getting paid the same day was dope , I’m definitely in for that RTS 💪

[@TimothyWilliamsJr]

Can’t beat it 🙏🏽

[@luissantiago147]

Keep in mind that you do loose $ with the same day pay options!

[@trucummings4759]

Thank you, I drive Dump Trucks and I have been thinking on Box Trucking. Thank you for all your videos. God Bless you.

[@TimothyWilliamsJr]

God bless 🙏🏽

[@carolparsons761]

Thank you so much your information is so informative and yet simple to understand and I like how you number step by step way to go!

[@TimothyWilliamsJr]

Thank you, I'm glad I could help!

[@g8gxpboi]

I have an updated example for you. Considering that box trucks are scarce in rental form and I’m repairing my credit to purchase a box truck soon. I’m running a Penske rental at 1250 per week and .25 per mile, if I took their insurance it would be 70 per day. Pretty high overhead, but I’m profitable still. Not where I want to be net, but i know once I can get a better lease or even purchase, I’ll have way better profit margins.

[@TimothyWilliamsJr]

Thank you for the example fam, keep pushing out there 💪🏽

[@matthewhaye8282]

Appreciate you putting all these videos together it a great help and motivation

[@TimothyWilliamsJr]

No problem, thank you for the support.

[@matthewl9836]

Again, Amazing content! Very clear and covers multiple situations, Thank you!

[@TimothyWilliamsJr]

Thank you for the support 👍🏽

[@kazeemquadri5298]

thank so much bro, just by listening to you, its feels like am in financial or business class....thank you

[@TimothyWilliamsJr]

Thank you that means a lot

[@DreezyTheGreat]

Great content bro!!!!!

[@GoodVibes24_7]

you ever bought a truck from any of the rental places? was wondering with your experience with the trucks you bought from these rentals if you had any

[@Sarasdad91]

Thanks Tim. Lots of great info on this video. I currently am an O/O of a sprinter type van and looking to go with a non cdl truck.

[@matthewwright3751]

I would do mounth to month the first year .to build knowledge and contacts within the industry as well I would look at the rental place insurance because you can get the insurance at least 20 percent cheaper especially of you are allotting 10 to 15000 miles per month.

[@MIKEOAKSBIG]

Like after your mention of RTS Financial would be a perfect time because you captured my interest on that and it felt valuable to know. So I would be inclined to tap the screen for you.

[@TimothyWilliamsJr]

You’re completely right I appreciate the insight bro I will forsure incorporate that in all of my videos going forward 👍🏽

[@257baby8]

🔥🔥🔥Mann good info you don’t even know how much help this was.

[@TimothyWilliamsJr]

I’m glad it was able to help you out, good luck!

[@bruknigatu997]

Thank you so much Much love brother💕💕

[@TimothyWilliamsJr]

Thank you so much for the support, Much love & success 🙏🏽

[@giniolamy]

Finally a video teaching you how to start a box 📦 truck 🚚 business I've always wanted to do it. just don't know how. and have the money

[@TimothyWilliamsJr]

Thank you for tuning in, save up as much as you can & educate yourself as much as possible before jumping in 👍🏽

[@theafricanqueen2562]

Thank you so much!🙏🏾 I will save this video for later.

[@TimothyWilliamsJr]

Thank you for your support 👍🏽

[@Theelyment253]

What a blessing! Thank you very much sir🙏🏽

[@TimothyWilliamsJr]

No problem, thank you for the support 👍🏽

[@outlawmd1177]

Thank you for being very clear and very descriptive... no games. You made my decision clear and easy to do this... thanks again!👍👍👍

[@TimothyWilliamsJr]

No problem, make sure to do all your research before jumping in and get everything in order. Good luck to you 👍🏽

[@VC-up2hf]

Another great video brother 👍🏾

[@TimothyWilliamsJr]

Thank you family 🙏🏽

[@uniquelove275]

I have been on your KZbin page for a hour on different things I been looking into you definitely give good information very understanding 👏🏽👏🏽👏🏽 thank you for the knowledge 👑

[@TimothyWilliamsJr]

I can’t thank you enough for the support, Im glad you’re finding value in the videos if you need ANYTHING don’t be afraid to reach out 🙏🏽

[@513jimmyd]

Leasing and renting are going to have different prices and terms,you appeared to lump them together as being the same thing

[@sidtube12]

Great job! Thanks

[@TimothyWilliamsJr]

Thank you

[@richr909]

I called Ryder about a year ago and they told me it would cost $2,500.00 for a full service lease a month on a 26' box truck.

[@TimothyWilliamsJr]

Not too bad

[@travisschwartz3397]

What insurance do i need. Dosent renral branch sell insurance?

[@faceme3000]

Thanks for the assistance, it's truly appreciated!!!

[@TimothyWilliamsJr]

Thank you for the support, I highly appreciate it.

[@faceme3000]

@@TimothyWilliamsJr TW if you don't mind, I'll like to stay in contact with you, because this is the information that I have been seeking for the longest time, simply amazing!!!

[@TimothyWilliamsJr]

@@faceme3000 No problem, I'll be dropping videos twice a week on business, investing, and personal finance check in sometimes I'm always here 👍🏽

[@mercymuraguri6074]

I real needed this info,thank you so much Timothy

[@TimothyWilliamsJr]

No problem, thank you so much for the support!

[@mercymuraguri6074]

@@TimothyWilliamsJr you are welcome

[@konyakessee5268]

I really needed this! Thank you ❤️

[@TimothyWilliamsJr]

No problem, I’m glad you were able to benefit from the information 🙏🏽

[@wethepeople1124]

Thanks for the knowledge.. keep moving Bro 😎

[@TimothyWilliamsJr]

Thank you, you as well 🙏🏽

[@e.j1292]

Another great video's Thank you for all what you sharing. May God rewarding you 🙏

[@TimothyWilliamsJr]

Thank you for the support, god bless you and good luck on your journey 🙏🏽

[@e.j1292]

@@TimothyWilliamsJr I highly appreciate you brother Thank you so much!! Wishing you all success for what you doing. 🙏

[@TimothyWilliamsJr]

E.J No problem brother, thank you for the support. I will be uploading 2 videos weekly stay tuned 🙏🏽

[@sanchim5043]

Can my husband start a box business if he has a wet reckless on his record?

[@derrickgavin5640]

With this video you answer my question. Thank you may God control to shine your way

[@TimothyWilliamsJr]

Thank you brother

[@thetithinggroup2396]

So can you post a link on how to start the commercial account or rather what's steps to take to start the commercial account when trying to lease through Enterprise

[@katfish2516]

Excellent breakdown!

[@TimothyWilliamsJr]

Thank you!

[@thatsonefittrucker3647]

Thanks for the info.. so leasing or renting is not a bad idea as some say it is

[@TimothyWilliamsJr]

No problem, everyone’s market is different some are higher then others. You just have to determine if it makes financial sense for you and your business.

[@rashadflowers15]

What are some locations you searched for your first box truck? What are the best mileage to look for?

[@TimothyWilliamsJr]

Commercialtrucktrader.com is where we bought ours, we traveled from Michigan to Pennsylvania it was a 2013 Ford 650 with 182,000 miles for only $16K. Personally I wouldn’t buy a truck over 300K because once it hits 300K miles is when they tend to have a overhaul.

[@jdw37jr97]

Good info bro!!

[@TimothyWilliamsJr]

Thank you brother 🙏🏽

[@justbrotherse913]

Thanks you for all information, can you make a video talking about dump truck 🙏 thanks you

[@Don_J_Williams_Bey]

Great video, really good information. Thanks Fam

[@TimothyWilliamsJr]

No problem, thank you for the support!

[@redpassionsavvy]

Enterprise in Maryland wants 3900 a month and after 3 months it goes down to 2600 a month .

[@TimothyWilliamsJr]

How much per mile?

[@BenjaminChutes]

I want to ask you a question I have a girlfriend who has her own business and she is bringing me on and she wants to get a step van and get a non CDL truck to get supplies should we buy or lease a box truck hire a driver

[@adamsadvance6623]

Enterprise is charging 750 a week in Pennsylvania with 1000 free miles a week.

[@TimothyWilliamsJr]

That's not too bad.

[@souelyoung2233]

Dope and informative video !

[@TimothyWilliamsJr]

Thank you for the support.

[@supadigga]

This video should have at least 100,000 likes minimum✊🏾👑

[@TimothyWilliamsJr]

I appreciate it in due time 🙏🏽👍🏽

[@waynecressbow5025]

Great information.

[@TimothyWilliamsJr]

Thank you!

[@ajpharne]

Can you also comment on some of the driver related activities? How does that work, when the driver goes out of town with a load- where do they stay, who pays for the expenses, what is the pay? Also where do you keep the truck when not running, is there a typical parking spot?

[@TimothyWilliamsJr]

When drivers go out of town you can pay for their room and board. When starting off a company like “RTS Financial” will approve you for fuel cards that you can give your drivers & then you can work with hotels to get discounts since you have your own trucking company. The pay for your drivers is entirely up to you, you can pay by the hour or % based pay. Lastly you can pay for parking at fuel stations, Uhaul, etc.

[@ajpharne]

Thank you so much. How do you go about recruiting drivers? Any more details on what kind of pay structure is typical for drivers (base pay, benefits etc)?

[@TimothyWilliamsJr]

Ajit Pharne No problem, you can recruit drivers from facebook, craigslist, or even paid ad’s on indeed! Honestly the pay structure is based on a number of things, how much time their away from their family, how much your expenses are just a number of factors play into that question. #1 thing I can tell you is to make sure they are well taken care of pay them at-least 20% of what you’re making after expenses & they will never leave you!

[@JADMAN89]

Great info Thank you!

[@TimothyWilliamsJr]

Thank you for the support!

[@ramzimahmoud2]

@Timothy Williams Jr first of all awesome video very great information. My question for you (and maybe you covered it but not sure) if I lease would I still need to go get a DOT number , and will still follow all the same steps of starting a box truck if I was buying a truck . What is the difference starting a box truck with your own truck vs starting with leasing a box truck . Thank you

[@renacollins3154]

Excellent content

[@TimothyWilliamsJr]

Thank you!

[@mcduffy16]

Lmao I subscribed at 40 seconds 💪🏽

[@e.j1292]

I can't wait to be in the road I'm just holding and preparing until may because my driver license records I've been waiting olmsted 3 years ago. Any recommendations agent insurance other than big companies as you mentioned. Thank you so much God bless.

[@TimothyWilliamsJr]

No worries take your time getting everything situated & make sure to educate yourself as much as possible. Insurance Agent: Agnes(949)620-3077

[@InsightfulPrinciples]

Great info as always my brother!

[@TimothyWilliamsJr]

Thank you bro!

[@greenearthdirt]

Thanks 🙏🏿

[@TimothyWilliamsJr]

No problem, thank you for the support 👍🏽

[@kingroyalent9641]

This video was hard definitely tapping in for more info

[@TimothyWilliamsJr]

Appreciate the support.

[@omodolagbestephenoladapo6050]

Thanks my Black American brother

[@TimothyWilliamsJr]

Thank you for the support 👍🏽

[@dooskidoo2x]

When start a box trucking business . Should you use an LLC OR S CORP ? I need help getting it structured

[@sammontana1896]

You know what’s dope his videos are filmed from inside the box truck that’s the true secret

[@TimothyWilliamsJr]

Lol I didn’t know if you would notice!

[@truckneeded2061]

Very helpful my friend Thank you!!!!

[@TimothyWilliamsJr]

I’m glad you found value, thank you for the support!

[@eastafricatotheworld]

Great vid again thanks 🙏

[@TimothyWilliamsJr]

Thank you for the continued support 🙏🏽

[@rioharrison9596]

If renting a box truck how do I go about putting the dot and mc decals on the side?

[@TimothyWilliamsJr]

Order the magnets that you can stick on the sides.

[@OctoberScorpioGreen]

I Work For 2 HouseHold Moving Companies

[@TimothyWilliamsJr]

How is that?

[@mosethegreat7415]

Thanks for the game

[@TimothyWilliamsJr]

Of course, thank you for the support!

[@Terriothegreat]

Thank you for this info

[@TimothyWilliamsJr]

No problem!

[@evanalhashimi426]

Thanks for ur video i am asking where can driver sleep ?

[@TimothyWilliamsJr]

Some box trucks have sleepers in them, or they can get a room.

[@AR-wi7jg]

Great content

[@TimothyWilliamsJr]

Thank you for the support!

[@shannnism]

Also if somebody hasn't said it in the comments, your lease payment is a write off on your taxes. Financing a truck, I don't believe it is

[@TimothyWilliamsJr]

You can write off the depreciation.

[@dariusbrown5786]

Down payment for lease ?????

[@tyanderson3359]

thanks Bro

[@kesch4582]

Ryder is hell on earth too expensive same thing with Penske expensive for no reason enterprise will definitely take over in next few years because it’s affordable

[@bhismao]

Hey my friend. Thank you for all the videos and useful information. I am completely new to the shipping industry. At the moment im getting all my ducks in order to start my own box truck business. Could you recommend ways to find shippers dispatchers and dedicated freight?

[@TimothyWilliamsJr]

m.kzbin.info/www/bejne/eprFaJifhLifeLs

[@mouradmizane4858]

Hello, my name is Murad, I am 37 years old, from Algeria, a truck driver with 13 years of experience

[@juanchay3539]

Hey great video I’m thinking to go n box business . Why kind drivers linces you need to drive a 26 ft box truck and I don’t know if there’s different 26ft box truck well I would like so much if you can answer my question have great day

[@TimothyWilliamsJr]

As long as your box truck is under 26,000 lbs GVWR then all you need is a standard drivers license, and a DOT medical card. If the truck is over the 26,000 lbs then you will need a CDL.

[@juanchay3539]

Thank you have blessed day

[@TimothyWilliamsJr]

You as well.

[@kenwitdalocs6527]

God Bless! Thank you!

[@TimothyWilliamsJr]

No problem, thank you for the support!

[@kenwitdalocs6527]

@@TimothyWilliamsJr you’re welcome!

[@robgeorge2615]

Are you looking for drivers? I'm ready to work now!

[@TimothyWilliamsJr]

Not at the moment.

[@djspiritjamuzik1272]

Very helpful!

[@TimothyWilliamsJr]

Glad I was able to help out.

[@angeldumoulinrodriguez9738]

What about Isuzu box trucks? Those are the cheapest I've found so far. Chevys are on the low end price wise as well.

[@TimothyWilliamsJr]

I personally like Ford, or Freightliner. I'v never really seen anyone on the road with a 24 or 26 ft I normally see smaller versions of the Isuzu.

[@angeldumoulinrodriguez9738]

@@TimothyWilliamsJr Thank you for your timeley response, and your professional opinion. Stay up, and keep moving forward.

[@TimothyWilliamsJr]

@@angeldumoulinrodriguez9738 No problem, good luck getting started!

[@danyoung6226]

What is the best size box truck, 16,20,24,26,to make money

[@TimothyWilliamsJr]

26 foot because you can fit the most freight, the smallest I would get is a 24ft it’s what we started with.

[@danyoung6226]

@@TimothyWilliamsJr thank you for your help, will it be hard to get loads with the 24,or 26 is what most companies like you to have

[@TimothyWilliamsJr]

Dan Young I’ve been turned down on only 2 loads because of the 2ft difference I would shoot for a 26ft but if a great deal comes your way for a 24ft don’t shy away from it.

[@danyoung6226]

@@TimothyWilliamsJr I'm thankful for your response and it makes me feel like I am getting a real response from a famous person. All the knowledge you give to me, I really appreciate. I will holla at you soon thank you and God bless you and your family

[@TimothyWilliamsJr]

Dan Young Lol I appreciate that it makes me feel like I’m doing what I’m set out to do. Don’t ever be afraid to reach out I will respond every time. God bless you and yours as well.

[@dioncherry9612]

Helpful.

[@TimothyWilliamsJr]

Thank you 👍🏽

[@LunarMuse_]

Been looking to lease a box truck for months now. There’s a major shortage nationwide. Where and how do u find box trucks rn?

[@TimothyWilliamsJr]

Sounds cliche but google, and asking others in the industry.

[@edilbonilla4863]

Hi! Mr. William pleases tell me,gas o diesel fuel which one is better for the buzz,and what tools 🛠 we most need for the truck, thanks you! 🇵🇷🇺🇸🤙🤟👍🙏🙏🙏🙏🙏

[@TimothyWilliamsJr]

Diesel truck is better, and the biggest things I would recommend to keep in the truck is a batter pack jumper.

[@edilbonilla4863]

@@TimothyWilliamsJr Ok! I see, do we need a CDL ,to drive a 26’ Box truck o what , Thanks!!!! 👍✌️🦅🦅🦅🦅🦅

[@TimothyWilliamsJr]

Edil Bonilla You don’t need a CDL as long as your truck is under 26,000 lbs GVWR.

[@edilbonilla4863]

@@TimothyWilliamsJr Thanks 🇺🇸

[@TimothyWilliamsJr]

Edil Bonilla No problem.

[@derrickgavin5640]

Timothy,I’m a baby in this industry so I need you to feed me a bottle of knowledge. Okay say I get a load from the load board, what will be my next step after that? For example the paperwork or the bol they call it, how will I go by it?

[@TimothyWilliamsJr]

If you’re going through a factoring company you send them your BOL after you delivered so you can get paid.

[@derrickgavin5640]

@@TimothyWilliamsJr okay thanks, so they send me a carrier package every time I get a load from different people

[@TimothyWilliamsJr]

You have to sign a carrier package when working with any new broker or shipper.

[@derrickgavin5640]

@@TimothyWilliamsJr thank you 🙏🏾

[@TimothyWilliamsJr]

Anything family 🙏🏽

[@ohboy89]

What do you think about international brand? They also have cummins engine

[@TimothyWilliamsJr]

Anything with a cummins engine is a good truck, as long as you stay on top of the maintenance!

[@shawna.7753]

Great knowledge Timothy. Definitely a new subscriber now. Keep dropping 💎 💎 💯💯🦾

[@TimothyWilliamsJr]

Thank you for the support 👍🏽💪🏽

[@zafar2073]

I thought I can’t drive box truck without dl b

[@JayTheYTGuy]

Credit score as in Business score or your personal? Thanks in advance.

[@jolandaasare9314]

Great info

[@TimothyWilliamsJr]

Thank you!

[@RAMDCREATOR]

So grind on Jobs for a year and but a truck right out 💯

[@TimothyWilliamsJr]

No bad idea

[@kev_g37x]

Quick question after I get everything settled with the truck and insurance and etc., what website do I go to to start making deliveries

[@TimothyWilliamsJr]

m.kzbin.info/www/bejne/eprFaJifhLifeLs

[@Bryce_Major757]

Much appreciated big dog! This information will do numbers as it is very valuable. Again, thank you.

[@TimothyWilliamsJr]

I Appreciate the support my brother, good luck on your journey!

[@hakmihumayoun6140]

Hey brother I’m interesting to start box tracking what’s the first step how I should’ve started thanks

[@TimothyWilliamsJr]

I have a video step by step you need to follow link will be down below. m.kzbin.info/www/bejne/nYu7dq2oirqgrqc

[@hakmihumayoun6140]

@@TimothyWilliamsJr Thanks for all the information are you guys hiring as a driver

[@TimothyWilliamsJr]

No problem, we are not at the moment sorry.