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Blog, Do you want to get into the Pilot Car Business, Featured

It Takes Money to MAKE Money In This Business!

By MrBoyd • Aug 6th, 2008 • Category: Blog, Do you want to get into the Pilot Car Business, Featured

There are those people who will tell you that the pilot car industry is an easy way to make money.  Don’t believe it!

Oh, there ARE people who slap on a Wal Mart winky light, handwrite a sign and duct tape it to the door, and use a $39 CB radio and POOF! they are in business.  Those folks might make what they think is good money for a little while, but ultimately they wither on the vine.

I am not saying that you need tens of thousands of dollars to break into this business.  However, there ARE some basic expenses that you should plan to meet if you are serious about being in business for yourself.

Let’s assume that you have a serviceable vehicle that you can use for your business.  Whether it is a car, van, or pickup truck, you will have to spend at least $1000 to make it ready.  You will need at least one reliable amber colored light.  That is going to cost you about $150 for just one.  You might get good service from that Wal Mart winky light for a couple of weeks, but not much more than that.  You really should plan on having at least TWO lights.  Only a few states allow one light;  most require two rotating or strobe lights.  Some states, such as New York, require 47 inch light bars.  Those will cost you between $250 at $2100, depending on how fancy you want to be.  Generally, you can find light bars on sale on eBay, or at local government auctions when police departments swap out their older light bars for new styles.

Incidentally, one hidden cost in using lights is the demand on the alternator and/or the battery of your vehicle.  You should be prepared to replace your alternator more often than normal, or to install a heavy duty alternator.  Many folks simply carry a spare alternator with them.

You are going to need at least a good CB radio.  That $39 dollar radio might work well if you plan just to chase loads.  Their limited power output limits the distance you can be from the load, and THAT becomes a problem if you get too far out front of the load.  You’ll just have to experiment with it.  I have found serviceable radios at pawn shops, and sometimes at  yard sales.  I have bought radios through eBay, and through retailers.  Generally, you will spend around $130 for a new brand name CB radio…more if you want more features.  For example, my backup radio has the weather channels, along with a switch that allows me to jump from CH 19 to CH 9 to whatever channel I have dialed in.  Having the weather channels available allows you to keep up with what is going on around you or along your route of travel.  The channel switch is useful if you are on a load where the driver wants to be on something other than the standard road channel 19.  If you are on two lane roads out front, and on another channel, being able to switch to CH 19 with a quick flip of the channel allows you to warn oncoming big trucks about your load and then quickly go back to your escort channel.

You will need AT LEAST two OVERSIZE LOAD signs.  First, let’s talk about front and rear bumper signs.  Many people use the flexible, foldable signs that you can purchase at truck stops.  Here is a piece of advice:  stay away from the plastic signs!  They tend to sag and stretch, especially during hot weather.  I actually have seen signs droop enough to fall under the front wheels and get ripped from the vehicle.  Sometimes, the vehicle is damaged, depending upon how the signs were mounted.  It has been so long since I have used those, but I am thinking the price runs around $20.  If  you use metal or wood signs, plan to spend about $100, give or take a few dollars.  In addition,  you are going to need to figure out how to mount those signs.  Keep these factors in mind:  you want to keep open the opening to your grill and radiator; you want to leave your license plate visible; and you want to ensure that you do not cover your lights, including front headlights and turn signals, as well as brake lights and turn signals.

If  you operate in states that require overhead signs, don’t even THINK about using flexible signs.  I have seen some people attempt it, and it never seems to work.  Sooo…you are going to need to plan on some sort of mounting system.  If you have a pickup truck, you can purchase or build a “headache rack” on which to mount your signs.  If you drive a van or car, obviously you will need to find a mounting sytem on line or have someone build you one.  Either way, you are probably going to spend something in the range of $150 for the mounting system alone, plus the cost of the sign (again…about $100).  Most states which require overhead signs will not allow expanded metal signs out of concern that sunlight shining through them make the OVERSIZE LOAD invisible.  They will allow louvered signs, providing the louvers overlap enough that the sun cannot shine through to the other side.  Solid signs, even when angled, will cost you about 3 MPG when you use it.  Expanded metal signs drop your fuel economy about the same amount.  Louvered signs only drop it between 1 to 1.5 MPG.  That is a HUGE difference the more miles you drive.  Louvered signs will cost you about $300, if you can find them.

Then, there are the “little” things that you’ve got to have.  You will need at least three 18 inch high orange traffic cones.  You can get those at the Home Depot or Lowe’s, or online for about $16 to $18 apiece.  Truck stops have those cones, but most of the ones I have seen are 16 inches, not 18 inches.  You can purchase collapsible cones for about $120 per set.  I have written about those on this site before.

You will need at least two sets of traffic triangles.  Usually, they come three to a set.  They are available at Wal Mart, truck stops, and online for about $15 each.  Some states require three sets.  You will need a first aid kit.  In most states, even the most basic first aid kit is acceptable.  If you really want to be useful at an accident scene, you will want a more extensive kit.  The basic kits are available for around $6-7.  More useful kits will cost more than $20, or more than $100.  In addition, you will need at least ten pounds of fire extinguishers.  Most states will allow two five-pound fire extinguishers.  You can find them online, at hardware stores, truck stops, and safety equipment stores.  Plan on spending about $20 apiece for those.  (Speaking from personal experience, ten pounds of fire extinguishers don’t go very far on a fire…just a word of caution!)

Once you’ve got all of that together, you will need to get the right kind of insurance for your vehicle.  Above all, BE SURE THAT YOU HAVE COMMERCIAL LIABILITY INSURANCE.  If you plan to operate only in your own state, you might be able to get along with basic liability coverage.  However, most states require a higher coverage.  Some states require up to $1 million commercial liability, and a few others require $1 million GENERAL LIABILTY insurance as well.  Those can cost you between $1600 to $2500 per year, depending upon a lot of factors.

Now…you’ve got to think about operating funds.  There are those people new to this business, and a few “seasoned” operators, who operate solely on payment at the end of the run basis.  In my experience, those are rare indeed.  Realistically, you should plan on waiting at least 30 days for your money.  If you operate through a broker, add another two weeks to that.  You probably need about $2000 in hand to be able to operate one month without any income.  That does NOT include your rent or mortgage payment and utilities.

There are lots of incidentals that will pop up unexpectedly that will cost you money.  For example, one critical expense will be the cost of certification.  In my next issue, I will discuss certification requirements and make suggestions for your training.

Tagged as: $1 million commercial liability, alternator, amber colored light, backup radio, basic expenses, basic liability coverage, battery, big trucks, brake lights, broker, business, car, CB radio, certification, chase, chase loads, collapsible cones, commercial liability insurance, critical expense, distance, driver, duct tape, eBay, escort channel, expanded metal signs, expereince, fire extinguishers, first aid kit, flexible, foldable, front, front and rear bumper signs, front wheels, fuel economy, general liability insurance, government auctions, grill, hardware stores, headache rack, headlights, heavy duty, Home Depot, incidentals, license plate, light bars, lights, limited power output, load, louvered signs, Lowe's, make money, metal or wood signs, mortgage, mounting system, MPG, online, operating funds, overhad signs, OVERSIZE LOAD signs, pawn shops, payment, payment at the end of the run, people, pickup truck, pilot car industry, plastic signs, police departments, radiator, reliable, rent, requirements, retailers, rotating lights, route of travel, safety equipment stores, serviceable vehcile, spare, strobe lights, styles, suggestions, switch, traffic cones, traffic triangles, training, truck stops, turn signals, utilities, van, visible, Wal Mart, weather channels, winky light, wither on the vine, yard sales

MrBoyd is a professional pilot car/ vehicle escort driver licensed in the 48 contiguous states. He offers high pole service, professional demeanor, and is NUTS about your safety!!!
Email this author | All posts by MrBoyd

This entry was posted on Wednesday, August 6th, 2008 at 10:10 pm and is filed under Blog, Do you want to get into the Pilot Car Business, Featured. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

6 Responses »

  1. Ripped Fuel on August 29th, 2008 at 9:46 pm:

    Whatz up, what entice you to post an article on It Takes Money to MAKE Money In This Business!? This article was extremely interesting, especially since I was searching for thoughts on this subject last Friday.

  2. Charlotte on December 10th, 2008 at 8:30 pm:

    My husband and I stumbled across this site while trying to research the pilot car business. He has been a dump truck driver for many years and is interested in changing to a different business. We are looking forward to your next installment on certifications. Thanks for taking the time to inform people about the possibilities and downfalls to this occupation.

  3. Michael Galvan on August 10th, 2009 at 12:45 pm:

    how does a pilot car business charge its customer for its service? Does it use milage or some other means to calculate its bill to the customer?

    Where would a pilot car business find loads for its business?

    Does the Pilot business need to use two vehicles to pilot the truckers load?

  4. Lowell Daulerio on January 15th, 2010 at 1:05 am:

    interesting post I have just added you to my rss reader. Keep up the good work!

  5. Video Game Violence on April 6th, 2010 at 10:14 pm:

    This website seriously keeps getting more impressive every day. You should really be proud.

  6. Paul Wood on June 27th, 2010 at 6:37 am:

    Hi I found your blog on bing and enjoyed reading this post you have given some good information.I’ve bookmarked your site and will be back

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