So I have a personal financed pickup that I want to do hotshot . Do I have to own the truck to lease under someone authority? If not do you know any steps I need to take to get the ball rolling ?
Hotshot question
Discussion in 'Expediter and Hot Shot Trucking Forum' started by Gabrielz, Jan 30, 2023.
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I watched TowPiglet's channel for a little while. Until he had a video talking about expanding his business and stated, "I don't need a business plan..." I think he was treading water long before fuel went up. Couldn't take anything he said seriously after that.
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OP has a personally financed pickup; not leased. He’s asking if he needs to fully own it (no bank note) to lease on somewhere and run under their authority.
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Yeah I think everybody misunderstood his question. Yes you can lease onto somebody with a financed truck. The nice thing about starting off with a 1-ton pickup is you don't need a commercial equipment loan to finance one or a commercial insurance policy to drive off in it. Leasing onto somebody would be a much wiser idea if you have no experience.
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