What to do with my now idle PSD? - Ford Powerstroke Diesel Forum

 
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post #1 of 4 Old 04-04-2008, 08:18 PM Thread Starter
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What to do with my now idle PSD?

I originally bought my truck to tow race cars, so I made sure what I bought was great for towing. It's been great for what I needed. However, due to life changing events, I can't race anymore. Now I have a fine 6.0 I own outright, sitting around being used as a commuter. I could sell it, but why bother? It's a great truck, I can use it as a truck, and anything else is going to seem weak in comparison.

I've thought about renting it out to car towing companies I see on ebay and autotrader and such. I've thought about starting up a towing company myself. I see 1-800-Junk-removal (or whatever it's called) using pickups to haul stuff around. Even if I have to hire a driver to be the towing guy, sounds worth it. I have the truck, trailer, and experience in towing expensive cars without a scratch.

I'd like to put my truck to work and see if I can't make some money on the side. Anyone have experience with doing this?

2003 F350 CrewCab 6.0 PSD FX4 SRW
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post #2 of 4 Old 04-04-2008, 08:25 PM
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not worth it ... the insurance will kill you take it from someone in the towing business

1999 F250 XLT 2WD 7.3, 6 spd, South Bend Con OFE, Detroit Truetrac, Tony Wildman tunes, Autometer Boost&Pyro, AFE Stage II, 4" MBRP Exhaust, 2" Daystars, 17x9 DC1 wheels wrapped in 33x12.50 MTZ's

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post #3 of 4 Old 04-05-2008, 09:17 AM
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Originally Posted by Cj Ford View Post
not worth it ... the insurance will kill you take it from someone in the towing business

My insurance, 1 truck, 1 trailer, for hauling exotic, luxury and collector cars is almost $9,000 a year, to do what you thinking part time is not even worth it.

Drive it or sell it, leasing it to someone may be good but it will be more hassel than it is worth.

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post #4 of 4 Old 04-05-2008, 06:20 PM Thread Starter
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I wasn't thinking of doing it part-time. I was thinking of starting a full-time hauling business, using my truck as the first vehicle. I've been seeing insurance quotes for $3-5k/year for being a single car hauler in a closed trailer.

For now, I drive it.

2003 F350 CrewCab 6.0 PSD FX4 SRW
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