Is becoming an owner operator after getting fired for having an accident the only course of action?

Look for insurance first before you commit to buying a truck. Then decide WHAT you want to do, OTR, local, regional, flatbed, containers from a rail road yard or port, van or reefer. I would wait a while and let the system even out before buying a truck. Too many trucks and not enough freight at the present time.

 

I don’t think clearing $500 is the norm for leasing. I’ve never done it, but from what you read on here about it, the norm seems to be going totally broke.

 

Lease-purchase is not the same as owner-operator.

 

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Super Ego Trucks for Lease Purchase - Super Ego Holding

 

One of the main reasons I bought my own truck, was I was tired of company junk, and wanted a nice truck to drive. Companies seem to have loosened the regs for hiring, and even ex-felons get hired, so I wouldn't buy a truck today just to get around that. Fact is, I wouldn't buy a truck at all today.

 

Aah. I see.

 

Exactly. I'd classify anybody on a company lease program to be either a 'mercenary' (soldier, but only for as long as the company wants you..), or more like a 'serf' (a person who is technically free, but due to obligations to his overlord can do no other work, but must do the work he is told and can only go where he is told until his indenture is paid-off in full). So, yeah, you'd be more a "Serf-Trucker" than an "Owner-Operator"....

 

The driver making $500/month is an idiot. He had performance issues as a company schmuck. But suddenly, as a lease op, these issues are to suddenly disappear. It doesn’t work that way. Not even for owner ops. Thinking the planets will align and money starts rolling in just because you can call the shots is plain foolish.