OK, I posted this a year ago while I was still in truck driving school. After the schooling and training finally went solo in June 2010. After just 8 months of really hard work I have now signed a for a lease truck with Swift because I don't have $7000, not even $7 lol. I'm taking the scenic route to owner operatorship. So I leased a truck with only 25 months remaining on the lease at which time I could choose to buy it for the residual value or turn it in. In the interim I have decided to start training new drivers for the extra money of course and to pass on that Je ne sais quoi quality I possess for driving.
In short, if there is something you really want in life, you may have it if you work hard enough to get it.
I have $7000.00 and i want to become a owner operator out of ga., what do i do next ?
Discussion in 'Trucker Taxes and Truck Financing' started by STEPCHILD1, Nov 28, 2009.
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You think after 8 months your ready to train new drivers? More power to ya.
scottied67 Thanks this. -
outerspacehillbilly and scottied67 Thank this.
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Can u become a company driver?
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If you understand the business you can make good money as a lease driver. Problem is most people entering leases are idiots and don't understand what it takes.
And while I don't agree that a person that has so little experience should be teaching it is the way that it is done these days. I am not going to change that.
But if you can stand being a trainer that is the way to go with being a lease driver. You clould clear a couple grand a week if you work smart AND hard. But save, save, save because you sound smart enought to understand that the grind of training and 5K miles a week is going to get old.
And forget about buying your truck. The program you are in is not designed for that. It is a lease. Period. In all likely hood if you waited and found your truck on a lot three months after your lease is up you will be able to purchased it for $7-10k less than they offer it to you. Plus it will have had a lot of work done to it at that cheaper price.
Best of luck. And a work of advice from a former trainer.
Set clear rules from the beggining with all your students. One that many don't think about is the amount of time they spend on the phone in the sleeper berth. I had guys getting 3-4 sleep because the GF wanted to talk all night and I wouldn't let them talk while driving.scottied67 Thanks this. -
Couple of things to mention: I was in Motor Transport in the Marines for 4 years. First job out of the Marines was driving various trucks as a go-fer delivering crap to construction sites. Loved the job but it only paid $5 per hour (1990). Joined the union and worked heavy construction for the next 19 years amassing a nice annuity trust fund and pension fund along the way. Also had the opportunity to driver various trucks and heavy equipment over the years. I'm not going into this thing 'blind'. After 2 years without work in construction I was qualified to take a lump sum settlement from my annuity which I used to pay some bills and paid off my lease truck fully. I believe this investment will far outpace in value that the annuity would have done in the next decade.
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If you must, check into www.trucksource.com
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