Flatbed tow trucks are an essential tool for many businesses in the towing industry. With the right know-how and equipment, you can earn a decent income from operating a flatbed tow truck.
What is a Flatbed Tow Truck?
Flatbed tow trucks are long-wheelbase vehicles that typically have an open bed at the back for carrying cargo and other items. They are used to transport vehicles and other large items that cannot be loaded onto a regular car or pickup truck.
How Much Can You Make With a Flatbed Tow Truck?
The amount of money you can make with a flatbed tow truck depends on several factors, including your experience and the type of services you offer. Generally speaking, experienced flatbed tow truck drivers can make between $25 and $50 per hour, while new drivers may make less. The total amount you can make in a year will depend on how often you work and how many jobs you take on.
In addition to hourly rates, some flatbed tow truck drivers may also choose to charge customers per mile or by weight for certain services. This type of pricing structure allows drivers to charge customers based on their specific needs, rather than having to set a fixed rate for all services.
Flatbed tow truck operators may also offer additional services such as vehicle storage or roadside assistance for an additional fee. These services can help increase your earnings potential significantly, as they often require more expertise than regular towing jobs do.
What Equipment Do I Need?
If you’re planning on starting a business as a flatbed tow truck driver, it’s important that your vehicle is equipped with the right tools and equipment for the job. Most states require that all flatbed tow trucks be equipped with safety chains and straps, wheel lifts, winches, and loading ramps in order to safely transport vehicles and cargo. Depending on the type of service you offer, additional equipment such as tire changers or dollies may also be necessary.
Conclusion: Operating a flatbed tow truck can be an incredibly lucrative business opportunity if done correctly. With the right experience, equipment, and pricing structure in place, it’s possible to make anywhere from $25 to $50 per hour depending on the types of jobs you take on. Additionally, offering additional services such as vehicle storage or roadside assistance can help increase your earnings even more significantly over time.
