Starting a Repair and Maintenance Account – Right from the Start!
You’ve seen it before: a big rig truck pulled over on the side of the road with their hazards on. Heck, maybe that’s even been YOU! Breakdowns happen to everyone—truck driver or not—however, big truck = big repair expenditures. Finance experts suggest owner-operators have an emergency fund for exactly that—emergencies. Usually, though, our emergency funds include immediate cash for things like mortgage or rent payments, utility bills, loan
Download CFF’s 10 Tips Guide Here>>
repayments, food, etc. So what happens when your truck needs repairs? Does your emergency fund include enough for unexpected truck maintenance? Here are a couple of ideas for owner-operators to keep your truck in tip-top shape and how to prepare for unexpected repairs if (and when!) they happen. We recommend saving at least $500 aside minimum just for roadside repairs. Look into a reputable roadside assistance provider such as TSA Truckers or Commercial Truck Roadside Assistance.
- Preventative Maintenance
Preventative maintenance is kind of like brushing your teeth. Yes, it’s kind of annoying but if you brush and floss daily, you’re less likely to have to need major dental work, right? Preventative maintenance for your truck is exactly the same thing. If you stay on top of taking care of your truck, less major repairs will be necessary or at least needed less frequently. Spending a little bit more money on better fuel, oil, or small parts in the short term can save you a lot more money in the long term. Consult your maintenance manual often – it will probably have guidelines on the frequency with which you should get things checked out or changed. Additionally, take into consideration what you’re hauling and through which conditions. Trucks moving freight in the mid-west November through March will definitely need more PM than trucks hauling in the south. Staying on top of little issues before they become big issues will help your truck have a long and happy life.
Starting a Repair and Maintenance Account – Right from the Start!
You’ve seen it before: a big rig truck pulled over on the side of the road with their hazards on. Heck, maybe that’s even been YOU! Breakdowns happen to everyone—truck driver or not—however, big truck = big repair expenditures. Finance experts suggest owner-operators have an emergency fund for exactly that—emergencies. Usually, though, our emergency funds include immediate cash for things like mortgage or rent payments, utility bills, loan repayments, food, etc.
Download CFF’s 10 Tips Guide Here>>
So what happens when your truck needs repairs? Does your emergency fund include enough for unexpected truck maintenance? Here are a couple of ideas for owner-operators to keep your truck in tip-top shape and how to prepare for unexpected repairs if (and when!) they happen. We recommend saving at least $500 aside minimum just for roadside repairs. Look into a reputable roadside assistance provider such as TSA Truckers or Commercial Truck Roadside Assistance.