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About to purchase my own truck.

Discussion in 'Ask An Owner Operator' started by cherrybone, May 28, 2018.

Page 1 of 2
  1. May 28, 2018 #1
    cherrybone

    cherrybone Bobtail Member

    44
    6
    Apr 21, 2012
    Plainfield, NJ
    0
    I'm from New Jersey and I have a few questions. To start would I be better off dealing with a broker or leasing to a company?
    Also what would be a good company to lease to?
    My last question is having my own authority is that a huge benefit? Any advice, help, and opinions will be greatly appreciated. Thanks in advance..
     
    cherrybone, May 28, 2018
    cherrybone, May 28, 2018
    #1
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  3. May 28, 2018 #2
    DUNE-T

    DUNE-T Road Train Member

    7,021
    17,080
    May 10, 2015
    Detroit, MI
    0
    If you have business skills, if you like hustling, if you like negotiating and dealing with people, if you are ok dealing with huge stress knowing that nobody is there to help you out, then yes, with your own MC you can make more money.
    If not, then lease is a better option
     
    DUNE-T, May 28, 2018
    DUNE-T, May 28, 2018
    #2
    Mattflat362 Thanks this.
  4. May 28, 2018 #3
    cherrybone

    cherrybone Bobtail Member

    44
    6
    Apr 21, 2012
    Plainfield, NJ
    0

    Thanks do you have any idea the best companies to lease to? Specifically in New Jersey. Also when you have your own authority do you deal with brokers?
     
    cherrybone, May 28, 2018
    cherrybone, May 28, 2018
    #3
  5. May 29, 2018 #4
    Ridgeline

    Ridgeline Road Train Member

    22,642
    120,741
    Dec 18, 2011
    Michigan
    0
    None of it matters until you learn the business skills, how to drive and how to buy a truck. And then have four to six months capital to pay the bills.
     
    Ridgeline, May 29, 2018
    Ridgeline, May 29, 2018
    #4
    Oldironfan, dunchues, Mattflat362 and 3 others Thank this.
  7. May 29, 2018 #5
    RustyBolt

    RustyBolt Road Train Member

    2,073
    3,334
    Feb 21, 2015
    Bement, IL
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    Depends. Do you plan to stay local? Or OTR?
     
    RustyBolt, May 29, 2018
    RustyBolt, May 29, 2018
    #5
  8. May 29, 2018 #6
    cherrybone

    cherrybone Bobtail Member

    44
    6
    Apr 21, 2012
    Plainfield, NJ
    0
    Local definitely.
     
    cherrybone, May 29, 2018
    cherrybone, May 29, 2018
    #6
  9. May 29, 2018 #7
    cherrybone

    cherrybone Bobtail Member

    44
    6
    Apr 21, 2012
    Plainfield, NJ
    0
    Been driving for 8yrs now. Just never concerned myself with the business side.
     
    cherrybone, May 29, 2018
    cherrybone, May 29, 2018
    #7
  10. May 29, 2018 #8
    Dakota1358

    Dakota1358 Medium Load Member

    431
    502
    Jun 15, 2009
    Staunton,Va
    0
    Just my opinion but probably be best to start leased to a company to learn the business side with somewhat of a safety net.
     
    Dakota1358, May 29, 2018
    Dakota1358, May 29, 2018
    #8
  11. May 29, 2018 #9
    Kasper42

    Kasper42 Light Load Member

    152
    89
    Jul 23, 2016
    South Carolina
    0
    @cherrybone - leases are bad ideas stay away from them I suggest having alot of money in the bank before you buy a truck you need lots of income to run a business you get truck problems your threw the cost could cost you bankrupt if your not busdineb savy here listen to XM radio ch146 or YouTube Kevin Rutherford listen to him first before you make any decisions you leave messages and he will respond to you
     
    Kasper42, May 29, 2018
    Kasper42, May 29, 2018
    #9
    silverspur Thanks this.
  12. May 29, 2018 #10
    RustyBolt

    RustyBolt Road Train Member

    2,073
    3,334
    Feb 21, 2015
    Bement, IL
    0
    Rutherford, IMO, is a joke. Ask him where his truck is. If everyone listened to him, there wouldn't be any O/O's and we would all be driving FedEx trucks.
     
    RustyBolt, May 29, 2018
    RustyBolt, May 29, 2018
    #10
    exhausted379 Thanks this.
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