Question for owner-ops who leased a truck before buying their truck

Discussion in 'Ask An Owner Operator' started by expedite_it, Sep 24, 2020.

  1. expedite_it

    expedite_it Light Load Member

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    Sep 8, 2012
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    If you are an owner-op, and if you leased a truck before buying your truck, did leasing a truck significantly help you learn how to perform more efficiently and effectively as an owner-op?

    I'm not asking if lease purchase helped you to buy a truck. For instance, if you did lease purchase to buy a truck and if lease purchase did not help you in any way except to make you own a truck once the truck was paid off, the answer to my question would be: "No, lease purchase did not help me perform more efficiently and effectively as an owner-op."

    I have the idea that going into leasing a truck before becoming an owner-op might help one perform owner-op for the following reasons: 1# maybe when one leases a truck, one uses the DAT software program to obtain loads. So leasing a truck would help one as an owner-op because one would learn how DAT software works as a lease driver 2# when one leases a truck, one has to take care of all the truck maintenance and repairs. perhaps taking care of all the truck maintenance and repairs as a lease driver would make someone better at maintaining a truck as an owner-op, even if one hires mechanics to do all the repair work (as opposed to doing it oneself) and #3 perhaps there are other ways that leasing a truck helps one prepare to be an owner-op that i am not aware of.
     
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  3. iceman32

    iceman32 Medium Load Member

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    Sep 26, 2014
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    My man, this is America. Anything is possible. You will hear many different stories of how people made it but it doesn’t mean you will experience the same thing.

    The online load boards has made everything really easy. My 2 cents is focus on being a master driver before you even think about becoming owner op. You can be a good driver and a bad businessman and still make it, but if you’re a bad driver and a good businessman you won’t make it.

    Think about it, a good businessman can get a $6 mile load. But if he’s a bad driver and that load is going to Brooklyn NYC, and the receiver dock is blindside into a 4 lane oncoming traffic...then he is S*** out of Luck.

    But to answer your question. Lease purchase is only good if 2 things are met. The carrier allows you to pick your own loads, the carrier has no say on your truck repair/maintenance. If these two things are not met, run for the hills.
     
    expedite_it Thanks this.
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