About to become a new O/O..need some advice

Discussion in 'Swift' started by SouthernOrangeman, Jan 9, 2015.

  1. Lucar

    Lucar Road Train Member

    Aug 22, 2012
    I am an owner operator, I outright own my truck and lease on to a "100% owner operator company".
    I can quit and take my truck wherever I want, or park it at the house for as long as I want.
    I can install anything on it, and my speedometer is wider than the Mississippi river.

    How are you going to compare a "no credit check, get this volvo or freight shaker with 0 down for 2/3 years" to a you need good credit and a bank as a lender and not a mega carrier.
    you can't take your truck from swift to Schneider to "I take MY truck "I make payments on" with all documentation on my name- wherever I want..


    Here's my Dyno..
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  3. MysticHZ

    MysticHZ Road Train Member

    May 28, 2010
    So what? Glad you're happy with your speedo ... I use my GPS that I can take with me in any vehicle I drive.
  4. SouthernOrangeman

    SouthernOrangeman Bobtail Member

    Jun 22, 2011
    I actually walked into the office of the boss man who runs the joint and asked for if I could seeany records for that truck. He told me "I'm sorry but it's against policy to show you maintenance records but since we perform a list of checks on every truck before it's released, it will be a clean slate for you"
  5. MysticHZ

    MysticHZ Road Train Member

    May 28, 2010
    Jerry Moyes?
    Broccelli, Kindle and NoBluffBuff Thank this.
  6. NoBluffBuff

    NoBluffBuff Light Load Member

    Apr 4, 2012
    Northern Idaho
    Why are people saying that you can't take your truck somewhere else while leasing the truck? Is that what your leasing contract states, or just hear say?
  7. BlackBeard

    BlackBeard Light Load Member

    Jun 27, 2010
    El Paso, TX
    If its in the lease agreement, then I missed it but I am curious about that myself. Is it possible to take an IEL truck to another company?
  8. Space Boogie

    Space Boogie Light Load Member

    Nov 2, 2015
    Don't be a douche
  9. dodgeram440rt

    dodgeram440rt Heavy Load Member

    May 19, 2009
    Piqua, Ohio
    All this prejudice between "owners" and "lease operators". I got news for you haters, as far as I can tell the ONLY difference between an actual "owner" and someone who is "leasing" is that the owner may actually own his truck outright, assuming of course that he didn't get a bank loan to purchase the truck, in which case the bank owns the truck and the "owner" is making payments just like the lease op. The lease op has all the same responsibilities as the owner. If the truck breaks down, the owner/leaser has to pay for it. If an owner is running under his own authority he has to cover his own permits and stuff, but if that owner is leased to a company, say like Swift, that company covers the permits just like the lease op. Sure, the lease op doesn't own his truck outright, but he does have the option of buying it outright at the end of the lease or get a new truck, or just walk away from it. That driver isnt locked in to that particular truck.
    A21CAV Thanks this.
  10. T_TRUCKER.

    T_TRUCKER. Road Train Member

    Mar 27, 2014
    A city near you.
    The one big difference between leasing from a company or from a bank is you can take the truck anywhere you want... If your leasing a truck through a company, most of the time your stuck to that company. Thats a pretty big difference.
  11. SteveH85396

    SteveH85396 Road Train Member

    Apr 1, 2011
    Waddell, AZ
    Are you interested in a 2012 Cascadia, currently has 412K. My lease is up Jan 26. I have ALL the maintenance records in my possession. I'm not gonna benefit from someone taking the truck so I have absolutely nothing to hide. Can tell you all the issues, lifetime MPG, etc.

    Just a thought.
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