I have been with a mega carrier for the past 18 months now after getting my CDL with them. I started as a company driver and then leased a truck with them. The quality of their lease program is beside the point, but I'll just say that I've done reasonably well. I've learned more than I would have as a company driver about the business side of things and I've made enough money to live pretty well and put a sizeable chunk in the bank. At the end of this year, my lease term will be up, and I'm thinking it would be a good time to purchase a truck from a dealer with traditional financing and lease on to a carrier that's better suited to O/Os than the mega I'm currently with. My single biggest grievance against the company I'm leasing from now is their lack of options when it comes to dispatching/load planning. They send me a load, and all I can say is yes or no. If I turn it down, there's a decent chance that they'll send me a lousy one. There's also no way for me to even see a load board to get an idea of the big picture for rates. That worked fine when I was brand new and didn't know enough to dispatch myself anyway, but I've gotten to the point where I think I could benefit from self dispatch, and landstar seems like a great option. My lease is a rental lease and not a lease purchase, so I will need a truck. I'm leaning towards buying through a dealer with financing, but would be open to Lone Mountain or other similar arrangements. As far as my financial background, I have a high credit score (750+), I should have $40-$60k in the bank by the time I'm ready to go to Landstar, and I have minimal personal expenses (I have no wife, kids, or car payment and crash with a relative when I'm home). Thoughts?
Considering Landstar as a next step
Discussion in 'Landstar' started by IrreverentCrawfish, Jun 3, 2019.
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@Ridgeline may have some meaningful suggestions.
IrreverentCrawfish Thanks this. -
I love landstar…..
i'm on my 2nd truck from loan mountain.... my 1st one went 1,397,000 miles (it had 512,000 when I got it) with that said if you have $60k just buy a $45k truck. add $2,000 having it checked out REAL WELL...$2,500 for plates and irs form 2290. that will leave you $10k to cover repairs.... -
Dave_in_AZ, tommymonza and RERM Thank this.
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James j, GBL_Trucking and Lite bug Thank this.
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frito bandito Thanks this.
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it's a crap shoot when you buy used...
my 2006 volvo (it was 5 years old at the time) never had a repair over $4,500 in 7 years
someone I worked with got a 2 year old volvo from the volvo deal and 2 months later had to put a NEW motor in his because it had a bad block...
newer doesn't mean betterDave_in_AZ, GBL_Trucking, Lite bug and 1 other person Thank this. -
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Lite bug and IrreverentCrawfish Thank this.
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