5 Tips for Starting a Car Shipping Business

hauling cars how to start car shipping business

Have you seen the many business trucks that are hauling cars on the interstate?

Where are they going? And how did they get the gig?

If you're considering starting a car hauling business, do your research first and make sure it is the best course of action for you. Continue reading this article and we will give you tips about how to start a car hauling business.

1. Get Your Authority

Much like your "for hire" authority, you have to get your authority to start hauling (and/or towing) totaled cars. When you fill out papers, make sure you select auto hauler as the commodity type.

Part of the process is filling out all state and local legal requirements. Make sure to carefully fill everything out. Getting everything down properly is important so you don't experience any delays.

2. Buy the Equipment

When you start this business, you have to have a special car carrier trailer. You can learn more about some of your options here but you need to be ready to pay for them.

Depending on what type of financing you have, you might be able to get a deluxe model or you might have to start at the bottom end. Don't overextend yourself when you are making equipment purchases but make sure you get quality equipment or you could experience serious troubles when hauling.

3. Get Insured

You're out on the roads taking risks to get these cars to their locations. When you do this, you need to make sure that you are insured in case something happens.

With these high-value loads, you don't want to skimp on insurance. You're going to need a high amount of cargo insurance. The higher the insurance amount, the more confident the people that are dealing with your business are going to feel.

4. Write Your Business Plan

Once you have your authority and you've gotten ensured, you need to make a business plan. Making a business plan will help you easily make decisions moving forward with your business.

Having a business plan is also important because you're going to need a business plan if you want to apply for a business loan. Banks aren't going to give you a loan off hope and a prayer.

5. Market Your Services

Once you have your business up and running, you need to keep yourself busy. And that means you're going to need to market your services.

Networking and connecting with other professionals in the industry is a good way to get started. If someone isn't able to take care of a load, they might refer you and only request a referral fee for the connection.

Become a Boss at Hauling Cars

Now that you know more about hauling cars, you can start your business confidently. Do you want to learn more about the automotive industry and transportation business?

Our site has many business articles that can help you grow and get results in your business. Browse our site, find your favorite section, drop a bookmark and come back soon for more great reads.

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