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How much money do you need to be an owner-operator?

By Zippia Team - Oct. 22, 2021

You will need a large amount of money to be an owner-operator. Being an owner-operator can cost anywhere from $25,000 to $50,000. These variables depend on how much you spend on your vehicle and the amount it costs to register and complete other formal documentation.

This is the amount it costs to start. In addition to start-up costs, a person should factor in the other variable expenses needed in the first year, which includes fuel costs (often anywhere between $50,000 and $70,000), truck maintenance and monthly payments, various insurances (easily up to and more than $10,000), lodging, food, and drink.

How much money do you need to be an owner-operator?

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