Anywhere I can lease one? I have been turned down due to just starting & they want 2yrs on present job. I just got into the hot shot business & got a 2015 f350 dually. The company I'm leased onto now are charging me 20% & 150 a week for ther trailer. So I need a trailer so I can go solo
Gooseneck Trailer
Discussion in 'Expediter and Hot Shot Trucking Forum' started by FIRSTDEVILLE, Jan 10, 2015.
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I could see 20% (although that seems extremely high) OR $150/week for trailer rental....but both? You're looking at $600+/month JUST for the weekly fee, and assuming a $10,000/month gross, that could be an additional $2000 on the percentage. I think I'd be telling them to pound sand and taking my truck elsewhere.
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Exactly!! That's why I'm tring to go solo. I just started in October in these business. I got my MC & D.O.T number. But need that trailer for insurance to have my MC to go active so I can't get my own loads.
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Who did you finance your truck with? Most of the trailer manufactures use Shefield ( I think that is the name ) it is less expense to purchase than lease. When I first started hot shot I was leased to someone and leased a trailer ( was told I could write everything off I could but it took to long and cost more in the long run) the second one I bought in July this year, zero interest if I pay off in 15 months I owe $1100. I had good credit when I got both of them. I suggest get a trailer and stay leased while you learn the business, unless you have some direct freight lined up. Most of the hot shot companies that take on o/o charge 20% if they have their own freight or have brokers they have steady relationship with can eliminate a lot of trial and error ( looking on load board taking loads to dead area ) if they exclusively look for loads off load board, start looking elsewhere ( of course they probably won't tell you if they do). Hope this helps. Mike
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Firstdeville what part of the country are you located in?
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Truck is threw Ford motor credit & tried going to my banks but they don't do trailers.
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Yes you are right about that! I had been doing this for awhile when I got my second trailer. I already owned my truck in 2008. Maybe try to focus on not having slow week by staying out of slow areas. Do you stay close or get far out?
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They use loading boads which I can do & they find me anything with my weight class, my Dispatcher sucks. Sometime he think I will take anything because I'm new. He gets me a load & waits to look for one coming out. I have leaned to turn right around & come home empty.
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