So you want to "own " your own company

$395 a month isn't out of line for a $15,000 truck loan....the issue would be finding a 60 month note on that piece of equipment.

 

find the gig and you can pay a 15k truck off in 3 to six months

 

You will likely not find a loan for those terms (trucking only) but you will find leases for that amount. When all is said and done you will end up paying close $25,000 for a $15,000 truck. However, a lot of these dealerships will give you that type of lease with crappy credit or bankruptcy.

 

there are a lot of crooks in the biz but there is also some really good folks I had a friend who bought a fl classic a while back from the local pete dealer and they let him take it and pay it off in 6 months now mind you he knew them as it was not his first truck and he was a local doing local runs
But there are other ways to get started besides the crooks

 

I got some question that need to be answered

If i have a truck like 2005 with 400,000 mile paid off
Now im looking to find a dedicated account
How do i know if I find the right one that paids good and not chump change???
I stay in detroit i want to be home every day or every other day so im going to be looking around IL,OH,IN,PEN,KY,TEN,WIS,MN,KY,VA,WV for accounts
I was told there no insurance on break down is this true???
I mean you paying ppl like 500 just to come see you is crazy...
I need some one to break it all down gas/insurace/what covered and whats not.......

How can i make money and when am i getting screwed???


Oh yeah is leasing a truck a good thing or bad will i make money or loose????

I need help about what im getting into.........


how do i know if have a good account????
is there breakdown insurance???
im from detroit i plan on trying to get a dedicated account.........

whats best to use a paid off truck or lease a truck and why????

 

it is all just a math problem
Sometimes a lease is a good way to get started but those are rare a reliable paid of truck is a far better choice

 

I've purchased a 1998 Freightliner Century that I purchased for 7500. What is a good company to lease on with? Which outfit is better? Flat Bed, Dry Box, Reefer? I want to be a O/O so any help would be greatly appreciated. I've looked at Landstar, FCC, and CRST Malone. Are any of these companies any good or would you recommend another company.

Also, I've also have a job a FFE if I want to take it. Would it be better to work with them and then later switch to O/O? Thanks for your time.

 

So you bought a truck BEFORE you knew what you were going to do with it? Some companies want a 2000 or newer truck, or a 2004 or newer. From the options you posted, what do YOU think you want to do?

 

I have a family member that has his own Authority and he was going to show me how to do that but I don't want to go that route. I'd like to sign on with CRST being that is where the truck was signed on with before I got it. I like flat bedding but I want to go into where the best pay is. Even if it's dry box, reefer or flat. Do you think I'd be better working with a company? I appreciate your input. I know how busy all of you owner operators are and all your advice is greatly appreciated.

 

If it were me, I'd go with what you know. As far as pay between the different options, best bet is to contact them and see what their requirements are, what they pay as far as baseplates, etc and how much they pay to the truck.