I've got 8 years as a company driver.I have an opportunity to buy a truck.

Discussion in 'Ask An Owner Operator' started by LimpyLegs, Aug 28, 2017.

  1. JL of Indiana

    JL of Indiana Light Load Member

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    In that case I would find something around 224. Good middle ground. Can get into tight daycab areas if needed, but gets down the road nicely as well. IMO
     
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  3. Chinatown

    Chinatown Road Train Member

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    I understand, they're not a lease purchase though. I went through their orientation and it wasn't then, maybe it's changed.
     
  4. LimpyLegs

    LimpyLegs Medium Load Member

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    What are they? You were telling me that you put $2,000 down? What was that money for??
     
  5. Chinatown

    Chinatown Road Train Member

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    What they did with us is say $2000.00 down, but then they waived it. I didn't take them up on the offer, but many of my friends did and are doing well pulling reefers. They also have dry van and flatbed accounts.You can do your own book keeping or they will do it for you for a small fee. That's been a few years ago, maybe it's changed. I'm not pushing the company at all, just thinking it may be an option. I drove for them a few months or year as a company driver & left for a tanker company.. They kept a few company truck around, but really didn't want company drivers. They gave us the short runs the 0/0's didn't want and it worked out well.
     
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  6. LimpyLegs

    LimpyLegs Medium Load Member

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    But isn't late 90's a little too old for most fleets?I'm not going to have a trailer,or DOT number.
     
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  7. LimpyLegs

    LimpyLegs Medium Load Member

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    So is it a lease,but without the purchase?
     
  8. Chinatown

    Chinatown Road Train Member

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    No, it was a purchase without the lease.

    Maybe the rules have changed; I don't want to say too much and then be wrong.
     
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  9. MysticHZ

    MysticHZ Road Train Member

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    So what is your plan to deal with this situation when it happens to you. And it will ...
     
  10. LimpyLegs

    LimpyLegs Medium Load Member

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    Make sure I'm not going to be in the middle of a divorce like he was.
     
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  11. jamespmack

    jamespmack Road Train Member

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    Hey Ill give my two cents. Go buy they truck in cash. Freightliner with a detroit I second. Then shop for financing. Its eazy then because you allready own it. Shop around for a low rate. Then it frees your cash back up to get up and working. You might need that 20k in the first 6 months or sooner. But get established and pay it of early if you can.
     
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