O/O looking for direction

Discussion in 'The Welcome Wagon' started by fwjtrucker, Mar 31, 2013.

  1. fwjtrucker

    fwjtrucker Bobtail Member

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    Mar 31, 2013
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    I am an O/O with my own authority, but have no trailor yet. What do you suggest? considering JB Hunt Power only program until I can afford my own trailor.
     
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  3. MNdriver

    MNdriver Road Train Member

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    should have got a trailer before authority.


    But that's just me.
     
  4. fwjtrucker

    fwjtrucker Bobtail Member

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    Mar 31, 2013
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    Cant go backwards. Any suggestions going forward?
     
  5. MNdriver

    MNdriver Road Train Member

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    find a good equipment leasing company that you can get a trailer with.

    If your tractor is paid off, possibly use it for collateral.

    Consider this. You are going to pay $1500+ for a trailer rental.

    You can lease a $13,000 reefer for around $350 per month for 36 months. with a $1500 down payment.
    http://www.bankrate.com/calculators/mortgages/loan-calculator.aspx

    That's a monthly savings of $1150. Or about $41,400.
     
  6. fwjtrucker

    fwjtrucker Bobtail Member

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    Mar 31, 2013
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    Thanks for the advice!!!
     
  7. Chinatown

    Chinatown Road Train Member

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    Look at Greatwide website, I know several that are very successful there. They have several different divisons to choose from nationwide.
     
  8. MNdriver

    MNdriver Road Train Member

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    I should add.

    This is an equipment lease with a purchase option to buy at the end of a 36 month lease. I am currently purchasing both my tractor and trailer this way.
     
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