leasing your own truck to company

True indeed. The wrench part I'll pay for. The other part I'd prefer to do myself or at least keep in the family. I find that the other guys tend to think about their pocket before mine even though I'm out here humping it.

 

I can do a lot of the work my self I spent 4 years fixin em but I would hate to use my time off making repairs. However, I can fix stuff in an emergency.

 

What about a year as a company driver and then signing with a big company like Werner, Swift or Heartland? I see lots of good deals on trucks right now NOT to think about becoming an o/o. Beats any fleece option plan the companies have and you get the tag deductions. Seen a 2007 taday with about 250k miles for just under $50k.

 

50k is a pot full of $$. Why start yourself out that far in debt? Overhead will make or break you and for a new O/O, buying a 50k truck is NOT a smart move in my opinion.

 

You can buy trucks all day for 15-20 with like 500K on them. Just look around some and you can find better deals.

 

Used truck prices have come way down. I started looking for trucks that could be bought in the thirty five range, say listed at 36 - 44. Then, I went down into what once was considered the bone pile of container trucks, I ventured into the minus 20 range and to my surprise, I found decent trucks.

Now in that range, you will be looking at Internationals and FLD120's, mostly 99 - 03. But some of the options were interesting.

 

Nothing wrong with a century class or an IH with an 03 or earlier Detroit in it. May not be the most powerful motor but the fuel mileage out of a pre EGR motor is pretty decent and the reliability of the detroit is always a plus.

 

One advantage of leasing to a carrier besides what's already been stated is the discounts you may receive for things such as fuel, tires, maintenance, etc......

 

Hi,
I've had too much restraint leasing...I did with my first truck..Didnt like signing a contract or paying someone to do the office when I know that end...wish I could wrench better I'de save more money.
thx for reading