Hi,
I’ve been a company driver for several years and I got my CDL in 2000. I understand the basics of leasing on and having your own authority, but I was wondering if you could break down the pros and cons of both sides. It seems as though leasing on would be a good way to get your feet wet as an O/O instead of jumping in head first with your own authority.
Someday I might cross over to that side of the trucking, but I’m just curious at this point.
I appreciate your responses.
Leasing on vs. own authority
Discussion in 'Ask An Owner Operator' started by Northern Nomad, Jul 25, 2020.
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Although I don't utilize their services, you might check out ATBS website. They have quite a few topics available. Might also look at OOIDA resources as well.
Northern Nomad and olddog_newtricks Thank this. -
Like Scooter Jones said... check the OOIDA website. They have plenty to read and learn from. I leased on to a couple of different companies at the start. I would recommend doing the same, simply so that you have a safety net while learning the ropes. Best of luck to you.
Long FLD and Northern Nomad Thank this. -
First and most important is insurance. I pay $200 a month for mine being leased on. 2nd is insurance I get around .50 cents off pump price. In the long run it will equal out if not better being leased on because insurance keeps going up.
roshea and Northern Nomad Thank this. -
You put someone else’s name on the truck they get to call the shots with it, my money and my work went into building the truck and I’ll run it however I #### well please
D.Tibbitt and Brettj3876 Thank this. -
Northern Nomad Thanks this.
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Northern Nomad Thanks this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.