Being an O/O under a Carrier's Authority

Discussion in 'Ask An Owner Operator' started by Misesian, Feb 15, 2016.

  1. spyder7723

    spyder7723 Road Train Member

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    Sounds way to much like work for way to little for my taste. I'm perfectly capable of putting away the miles, heck i did almost 5k a couple weeks back when they lifted hos for hurricane relief work. But if I'm working that hard, it's for a lot of money.

    I've said it before, is better than the deal you had prior, but keep looking. There is much better or here. Do what ya gotta do, just don't fall into the trap that so many others have thinking they got the best they are gonna get.
     
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  3. Misesian

    Misesian Road Train Member

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    I picked up in NM going to MN and asked the shipping office if it was really correct. Sure enough, I am trucking ONE pallet of product all the way to MN. Must make sense to somebody. I'm not the one paying the bill so I'll just enjoy the easy money.
     
  4. Drew352

    Drew352 Medium Load Member

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    Can't beat that paid deadhead lol
     
  5. WillieP

    WillieP Bobtail Member

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  6. Cowpie1

    Cowpie1 Road Train Member

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    When I bought my current truck, I had payments of $1501 a month and covered that and still had very profitable years. Wasn't a lease buy thing but an outright buy of a new truck at a dealer. If one loses a truck over a $1000 a month payment, I think that either is from being at a bad carrier or very poor money management.
     
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  7. WillieP

    WillieP Bobtail Member

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    I had a " lease " truck with Dart out of Egan and they use "Highway Sales", their sister company,for the sales and lease of their trucks not fleet one. ALL LEASE TO OWN TRUCKS are a rip off for the driver owner op. No matter what, it's a good way to see if you really want to own your own truck but it's a rip off.
    I have since given the lease truck back to them and purchased one out right though another company and don't own nothing on it which is the best thing to do IF YOU ARE SERIOUS ABOUT OWNING A TRUCK
     
  8. spyder7723

    spyder7723 Road Train Member

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    Yep. Anything under 2500 is easy to make if you know what you are doing.
     
  9. Cowpie1

    Cowpie1 Road Train Member

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    I agree, a paid off truck is the ideal. Most folks are not able to just lay out $120K+ for a new truck. And I don't buy anyone else's used POS. I like to have the truck spec'd to exactly what I need and want. Much more efficient and suited to what I am using it for. Bought used in the past and will never do so again. And will not buy a new one with typical fleet specs.
     
  10. spyder7723

    spyder7723 Road Train Member

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    There are good used trucks available. But not as easy to find today with all the emissions crap. But the key, imo, is keeping the truck as long as possible. A lot of guys want to trade in as soon as the warranty is up, and i did that to be very foolish. Replacing worn components is much much cheaper than buying another whole truck every few years. Yes engines and trannies hurt to write a check for, but it's not like you are writing that check every month.
     
  11. Cowpie1

    Cowpie1 Road Train Member

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    And that is also true. That is why I only buy a new truck spec'd to exactly what I need for what I am doing to maximize longevity, efficiency, etc. Then hold onto it for a long, long time. Yes, it is pretty foolish to go after another truck just because a warranty has expired. By that time, one should have reserve to cover maintenance expenses. And if one takes a lot of time to spec the right components, down to the hubs, and is diligent about how they operate it and maintain it, one can have a quality truck that will be very cost effective to operate. I spent 8 weeks going thru details on spec'ing by current truck. And it has been a real money maker that has been the best truck I have ever owned and extremely efficient. Only a fool would part with something like that. Warranties have long passed on this truck, and I will hold onto it for a long, long time anyway.
     
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