What Are the Startup Costs for a Dump Truck Business?

The startup costs to launch a dump truck business consist of:

• Buying a truck — New trucks cost $100K+; used trucks $30K+

• Insurance — Around $10K per year

• Fuel — Gas for a fully loaded truck averages 5–8 MPG

• Maintenance — About $10K yearly

• Licensing & registration — $2K+ depending on location

Renting or leasing trucks lowers initial outlay, but decreases potential profits. Joining an existing company as a contractor or employee removes these startup costs in exchange for less pay.

Written By: John Luis