A used truck is a good way to get started. Once you have enough experience and cash flow, you can get that new truck. This projected year-one gross income is $200,000. The Driver Wage is estimated to be $44,000 annually based on data from the U.S. Bureau of Labor Statistics for dump truck drivers.
Are dump trucks a good investment?
Purchasing a dump truck may come with significant capital investment. A used dump truck may decrease the size of that capital investment while still providing buyers with the power and material hauling functionality they need to handle their toughest jobs.
How much money can you make from a dump truck?
Payscale estimates that a dump truck owner-operator can earn anywhere between $40,000 – $197,000. The longer one is a dump truck driver, the more likely one is to make a higher salary.
How do dump truck owners make money?
While many dump truck owners are owner-operators, there are other ways to be profitable with your dump truck. You can lease your truck in between jobs to help close the gaps. Some owners own multiple construction vehicles or own a fleet of trucks to better serve the market and create more revenue opportunities.
Is dumptruck a good business?
Starting a dump truck hauling business can be personally rewarding and financially profitable, so long as you have a good business plan, and opportunities are available. After all, every construction site needs materials hauled to and from their site.
How much does a dump truck cost?
Dump trucks cost anywhere between $15,000 and $200,000. Although the most dependable dump trucks are worth paying for, many Milwaukee and Waukesha operators find that pre-owned models in the $30,000 to $40,000 price range offer a solid balance of savings and reliability.