next move o/o

Discussion in 'Ask An Owner Operator' started by csettles85, Feb 24, 2015.

  1. csettles85

    csettles85 Bobtail Member

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    Feb 24, 2015
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    Are there any good o/o companies that are good to start out with to get similar experience as an independent contractor but not? If so how much money would i need to have saved up for my own truck or are there any o/o companies that will let me lease purchase a truck with 0 down upfront?
     
    Chinatown Thanks this.
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  3. Chinatown

    Chinatown Road Train Member

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    Cardinal Logistics is a good place to start.

    driveforcardinal.com


    Here's their ad:

    [h=3]Look at all of the advantages we bring you:[/h]
    • Our transportation-industry financial partner can help you buy a reliable, late-model truck
    • You’ll get the best rates and terms: only $2,000 down and a short, 36-month term
    • You’ll drive recession-proof, dedicated freight
    • All round-trip miles are paid, loaded or empty
    • Your safety record and work history matter more to us than your credit history
    • Receive convenient, weekly settlement deductions
     
  4. Chinatown

    Chinatown Road Train Member

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  5. G/MAN

    G/MAN Road Train Member

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    If you are wanting to lease to a carrier that allows you the freedom to run your truck similar to having your authority, there are several around that I am personally familiar. First, you need to find a carrier that is agent based rather than having a dispatcher. Universal Truckload, Landstar, CRST Malone all have agents. If you want a dispatcher, Mercer might be a good fit. CRST Malone is flatbed. Landstar and Universal have flats and vans. I think that CRST Malone is the only one that offers lease purchase. Schneider might be a good fit for a new owner operator. I think they offer a lease purchase.
     
  6. crzyjarmans

    crzyjarmans Road Train Member

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    Their are many companies that lease 0 zero down, but you'll end up paying about twice the worth of the truck, you'd be better off buying a truck from a dealer, then leasing to a company, to go out totally on your own, I'd suggest having at least 25k in the bank, especially if your buying a used truck, you will need operating money plus the oh schit money you can't predict, best of luck
     
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