Thinking about leasing

Discussion in 'Lease Purchase Trucking Forum' started by mandalorekiller, Dec 9, 2014.

  1. mandalorekiller

    mandalorekiller Light Load Member

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    I'm thinking about leasing a truck and becoming an owner op got any tips and info? I drive for total transportation
     
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  3. aduiepyle

    aduiepyle Light Load Member

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    Oct 30, 2014
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    GO for it danm it nd let me know when you are broke. My friend made 220$ last week leasing with Werner i can't tell what he did wrong but that was the first time nd im sure you can make more been a company driver lol.
     
  4. ineedajob

    ineedajob Light Load Member

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    Get a copy of the lease agreement for every company imaginable and see which one works best for you. I've never done a lease but that seems pretty common sense business.
     
  5. Dryver

    Dryver Road Train Member

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    How long you been driving?
    Which company?
    Any previous experience as a business owner?
    Independent lease or company lease?

    Its not about the miles, its not about the CPM, it's not about the truck payment, or the shiny new truck or the insurance, or the escrow, or fuel taxes, or tolls, or fuel prices.
    It IS about profit, how much you have in your bank account at the end of the year. Make sure the deal you sign gives you the opportunity to succeed, very very few do.
     
    BullJockey Thanks this.
  6. reefer101

    reefer101 Medium Load Member

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    youre gonna kiss your personal life goodby and run like a rabbit to make ends meet. its a good trick carriers came up with to make drivers sign their life away to them. its better to buy used truck and find small carrier and run on percentage. or even something like landstar where you can choose your freight.
     
  7. mandalorekiller

    mandalorekiller Light Load Member

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    I work with total transportation and don't have much experience and my mom used to run my step dads owner options company with authority
     
  8. icsheeple

    icsheeple Trailing the Herd

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    Hmmmm, lease op or owner op... I'd go owner op. California? No? Then don't get anything newer than 2002-2003. You want to avoid EGR, DPF, SCR.

    How much you got saved? Even leasing on somewhere your going to need a SHTF fund.

    If you really want to lease, and I'm not recommending you do, but check out Schneider Choice. You can get your feet wet, and if it's not for you, walk away.
     
  9. mandalorekiller

    mandalorekiller Light Load Member

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    Oct 6, 2014
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    I was thinking of leasing to get the truck. Then going owner op afterwards but don't know where to start or what to look at
     
  10. OriginalBigfoot

    OriginalBigfoot Light Load Member

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    All of the lease operators I have talked to here at Celadon seem to be happy with their arrangements and are making money. Yes it's a company lease, but it's directly with the same lease company Celadon uses for their company trucks. If I keep hearing good things, I might move over. I like the fact that they suspend their payments when you have time off. This fact alone gets probably half the LOs out there in trouble with finances, trying to catch up their payments.
     
  11. mandalorekiller

    mandalorekiller Light Load Member

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    Oct 6, 2014
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    I'm going to get info from total about their lease program and will look online as well if anyone has any link's let me know please
     
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