A journey of a new O/O with celadon

Discussion in 'Lease Purchase Trucking Forum' started by Joe.go, Mar 3, 2016.

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  1. Joe.go

    Joe.go Light Load Member

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    I did research this for about 6 months. When I started at swift, I started with the intentions of going owner operator. When I researched it (my only option being lease purchase at the moment) I found nothing but people bashing lease purchase, however, I kept running the numbers and they kept adding up to be much better than I was making at swift. So I decided to do the lease purchase as long as it would be a walk away contract. I transitioned to celadon because 75 percent of the load revenue seemed like a much better deal than the flat 1.08 you make a mile at swift. So now I'm here. I'm running my ### off. I've covered well over 2k miles in the last 4 days. I think this will work for me if I run this truck as much as possible and turn nothing down. Maybe when I get 20 k in the bank I'll be picky but until then...I'm running this truck until the wheels fall off.
     
  2. Joe.go

    Joe.go Light Load Member

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    What kind of truck?
     
  3. HalpinUout

    HalpinUout Road Train Member

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    How do you figure if it breaks you don't pay for it?
     
  4. Joe.go

    Joe.go Light Load Member

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    Oklahoma. How's the market there?
     
  5. Joe.go

    Joe.go Light Load Member

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    It's ok fella, I understand
     
  6. Joe.go

    Joe.go Light Load Member

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    I wish! I'm from Florida, and I worked in the oilfield in birthday for a few years. So I'd see my buddies!
     
  7. Joe.go

    Joe.go Light Load Member

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    The money I pay for the truck includes full maintenance coverage for anything that breaks. From tires to the engine, all the way to a wrecker to tow me if needed. The only things that aren't covered are little junk like the cigarette lighter and superficial things
     
  8. HalpinUout

    HalpinUout Road Train Member

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    Ya but what about when your sitting in a motel waiting on repairs and not making a dime? You pay one way or another brother..

    Hope it works out well for you.
     
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  9. freightwipper

    freightwipper Road Train Member

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    Similar to Texas. Nothing great comes out of there. Sometimes okay loads going to Texas from Oklahoma but then you're in Texas again lol.
     
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  10. Joe.go

    Joe.go Light Load Member

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    They have 48 hours to get me to a replacement truck, or get a replacement to me. Also I'm not taking home time for 6 months at least. So a couple days off would be alright. No kids, no wife. No girlfriend, but I do have a few "gal pals" around the country ;-)
     
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