I am currently in the military, Planning on buying a Big Truck before I get out, will it be worth hiring someone to drive it for me while I am serving in the military, and what do I need to do to make that happen?

shygrneyzs

I would not do this - for the very fact you have to trust someone enough to not rip you off, get into trouble and use your name, or wreck your vehicle, or take off with any profits. In something like this, you basically cannot trust even family - when it comes to money matters. I know this sounds very cynical but it is experience talking.

If you do pursue this, make sure you have an iron clad contract with this venture. Everything spelled out and legal. That gives you some recourse and guarantees of your protection. Make sure you have enough insurance. If you find someone to drive for you, make sure they are bonded or can be bonded. You will need to decide who pays for what; such as tires, fuel, supplies, engine repair, etc. That would be in the contract.

It would just too much to deal with, I think, when you are not physically there to monitor. While it could well be that you come home to a profitable business, and I would wish that would be true. But it is also that you come home to nothing.

Take care and talk to an attorney about this.

ScottGem

While I agree with shy that doing this can be perilous, what you might be able to do is find a trucking firm willing to lease your rig. Rather then leasing to an independent driver, leasing to a trucking company gives you a better chance of not being ripped off. Especially, if you can lease to a company that will be providing you with jobs once you return.

But you defnitely should have a contract drawn up by an attorney, to make sure you are protected.

shygrneyzs

Dittos to Scott's remark about leasing. I had forgotten that. A good option for you to consider.

furlowredneck

Thanks for the info.