Best company to lease my truck to

Discussion in 'Ask An Owner Operator' started by mpotts90, Oct 28, 2017.

  1. mpotts90

    mpotts90 Bobtail Member

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    So I'm pretty new to the forums, I've come here seeking advice many times, but never really posted anything.

    I've been driving right at 4 years now, mostly company, but I have dipped my toes into ownership somewhat. I've learned a lot (though I always know I have more to learn) and made a few mistakes, which will hopefully keep me from making as many in the future.

    Anywho, myself and a friend are looking to go out and buy a truck which we will then team drive as O/Os. I've done lots of looking, but I'm having trouble finding a company that suits our wants and needs. As far as what we pull, that doesn't really matter much, as long as it pays the bills. The biggest issue is wanting to at least get by the house for a night or two every week. It seems as though most places want teams to stay out 3+ weeks, which I am just totally opposed to, I've been there and don't want to go back. I've looked into the self-dispatch outfits, but none of them seem to work either for one reason or another.

    I'm really wanting this to work out, so any advice or leads on companies would be greatly appreciated.
     
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  3. aussiejosh

    aussiejosh Road Train Member

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    Well its really great to have a dream of some sort and a positive goal to work towards my best advice to any driver looking to go o/o or lease is do a thorough check which is best done by paying a qualified accountant to do a risk assessment believe me its well worth the expense compared to what possible losses one could have by going on a lease program. If you've got plenty of cash reserves to back up your venture then i'd say go for it as may your accountant, however if your on a shoestring budget really really do your due diligence.
     
  4. mpotts90

    mpotts90 Bobtail Member

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    It's definitely been my goal for a while now, though I'm not really looking to do a lease program. I tried one of those about a year into driving and realized very quickly that it was a huge mistake.

    I plan to actually go out and buy the truck myself, I'm just having trouble figuring out for whom I should work.

    I've got plenty of savings, enough to cover a down payment, a couple months of expenses, and an emergency fund for fuel/repairs. I've also learned from a few mistakes, such as not having enough saved up, or trusting some unknown mechanic on the road.
     
  5. Chinatown

    Chinatown Road Train Member

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  6. mpotts90

    mpotts90 Bobtail Member

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    I'm in far Western KY, Paducah to be exact.
     
  7. Chinatown

    Chinatown Road Train Member

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    Quality Carriers has a couple of terminals in Kentucky. Most tanker outfits are out & back.
     
  8. mpotts90

    mpotts90 Bobtail Member

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    I had thought about them, there is a terminal about 15 minutes from my house. I'm trying to find something to run teams though, since me and another guy will be buying the truck together.
     
  9. Chinatown

    Chinatown Road Train Member

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    Don't know if they have any team loads. Some tanker outfits do. Trimac Transportation does for sure, but don't know how their hometime works.
    I ran a few with Tankstar from Nashville to Seattle; back & forth. I don't think they use 0/0's there now though.
     
  10. Mrcolossus

    Mrcolossus Bobtail Member

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    Hi there.. I'm new and had the same question as yours. Just checking if you narrowed down on who to lease your truck to?

    Kind regards


     
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