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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
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Good & Bad Trucking Companies
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Questions From New Drivers
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How do the owner/operator lease-truck-back-to-company programs work?
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<p>[QUOTE="haulit6272, post: 8474609, member: 221210"]I've read a lot of negative stuff about leasing trucks from trucking companies you drive for, but have read virtually nothing about buying a truck, then leasing it back to the company you drive for. Is this another form of owner/operator arrangement? It's my understanding that being an owner/operator commands more money per mile since you've committed to the additional expenses of truck ownership, but not necessarily getting lease payments from the trucking company along the way. What advantage is it for a trucking company to lease a driver's truck? About what percentage of drivers do this, and why don't more do it? Am I right that there are at least two forms of owner/operator arrangements, one involving the lease back, and one that doesn't? How many arrangements are there and why are they all needed?[/QUOTE]</p><p><br /></p>
[QUOTE="haulit6272, post: 8474609, member: 221210"]I've read a lot of negative stuff about leasing trucks from trucking companies you drive for, but have read virtually nothing about buying a truck, then leasing it back to the company you drive for. Is this another form of owner/operator arrangement? It's my understanding that being an owner/operator commands more money per mile since you've committed to the additional expenses of truck ownership, but not necessarily getting lease payments from the trucking company along the way. What advantage is it for a trucking company to lease a driver's truck? About what percentage of drivers do this, and why don't more do it? Am I right that there are at least two forms of owner/operator arrangements, one involving the lease back, and one that doesn't? How many arrangements are there and why are they all needed?[/QUOTE]
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TruckersReport.com Trucking Forum | #1 CDL Truck Driver Message Board
Forums
>
Good & Bad Trucking Companies
>
Questions From New Drivers
>
How do the owner/operator lease-truck-back-to-company programs work?
>
Reply to Thread