I am currently subleasing a truck from an associate, the truck is being financed in my associates name. I have a power of attorney to operate the vehicle but all the truck docs are in his name (registration, 2290...and such). I have applied with LandStar's lengthy application process and have been "prequalified", I received a 47 page email from them of forms to submit, unfortunately its Saturday and I cant ask anyone at LandStar if they will allow me to come on with this SubLeased vehicle. Can anyone help me with some information????
A question about subleasing and getting on with LandStar
Discussion in 'Ask An Owner Operator' started by niakendal, Jan 26, 2013.
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my guess would be you'll have to have the buddy to do the paperwork. since the truck is in his name and he's the operating authority.
i thought about that idea at one point and time. so it be interesting to hear some responses that actually know the answer to your question. -
I dont think you situation would be a problem, one of the email pages should be a release of revenue that will have to be filled out by the actual owner, basically states that your settlements can go to you. I also think it needs to be notarized. I am not 100% positive but you should be fine, there is also a landstar forum here that you could look through, I believe its only about 147 pages or so, good luck to you
SHC Thanks this. -
Thanks Snowwy I'll keep you updated
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Not a big deal. There are a couple specific forms you have to fill out, just ask your recruiter. It's no different than all the BCO's that have trucks leased from Lone Mountain or similar places.
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I emailed this link to my LS Regional Manager (and he responded on a weekend). In short what he said they will review it and what they won't take is a Ryder or Penske type lease or rental. He said to ask yourself at the end of the day is it really just a rental or does it have a path to ownership or a traditional financial company lease.
MackDaddyMark Thanks this. -
Thanx BigBadBill ,its definetly a path to ownership , appreciate the comeback
BigBadBill Thanks this. -
Thanx y'all ,,,this forum has been the best source of info i'm still learning to navigate it !!
BigBadBill Thanks this. -
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Whats the cost? About $400.00
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