I'm fairly new to trucking. I don't want the headaches of owning an authority and trying to find drivers to earn CPM over the road. As of right now, I purchased an old cattle truck that is pretty solid. I have it in the garage and tearing down the motor and transmission. For the most part, this is a very fun project. I've thought about leasing it out like what Penske does. About twice a week I get a phone call from drivers who are asking me for a truck to rent. I really not sure if that's the best idea to have random drivers in an older truck.
Do you think there would be a lot of drivers interested in lease to purchase an older truck? It was be exempt from ELD rule, no emissions. Plus I'll do a few perks that drivers want. TV, Satellite system, cellphone boost, Fridge, Microwave and custom surround sound. I'm assuming newer vs older trucks is a hot debate. In my opinion I want older trucks. DPF systems and computers annoy me.
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I'm rebuilding a 1996 Peterbuilt 3406e CAT with a 13 speed
Discussion in 'Lease Purchase Trucking Forum' started by Peterbuilt1013, Dec 31, 2018.
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One way or another this square peg is going in that round hole eh lol
KB3MMX, Bean Jr., Peterbuilt1013 and 1 other person Thank this. -
Doesn’t sound like a good business plan. 2 reasons.
1.) you are going to spend a ton of money just to have someone else rag it out.
2.) any driver worth a darn with any money will already have his own truck.KB3MMX, Opendeckin, tommymonza and 1 other person Thank this. -
And if he doesn’t have money it’s probably because he isn’t very smart with money. Which mean you’ll get the shaft.
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KB3MMX Thanks this.
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If you have that much cash on you to do this plan you need to go to Vegas.
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The only part I like about this, is the '96 Pete, the rest scares me. Old cattle truck,,,good lord, rent it out? Oh, boy. Um, you ARE new trucking, aren't you. The only thing I'd do with this, as I'm sure you got a deal on it, is fix it up the way you'd like it, and drive it yourself. Older Petes are in high demand, as you say, and you've got one. I was a fool and sold mine, I'll never get it back.What you describe sounds like a recipe for disaster. You might find a driver along the way you can trust, but be advised, most of the "good" drivers today aren't looking for a job.
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