Hey guys, I'm seriously considering signing a lease, and have been doing some serious homework. I'm hopping you guys can school me on some of the points needed to be a succesful l/o. As of now, I got a few questions to start this thread off. What's the formula that you use to pick your load to make sure it's profitable? Whats the fueling strategy. That you use? From what I understand so far fuel in the states with the highest tax. Is this correct? What android apps or websites do you use to find the best fuel on your route? Do you look at the big picture or do you fuel just enough to avoid having your check in your fuel tank. What litlle known techniques do you use to keep your mpgs up? I think thats enough for now, dont want to swamp you guys with to much, thnx in advance
Please don't make this mistake yet, you have not been in the industry long enough to understand the business end of it, wait a couple years, you will thank us later
I was hopping some current swift l/o might want to chime in. Im not really looking for those standing. On a soap box telling me "your to little". So please swift l/o's maybe you guys can answer my questions.
I will send you a PM so that you can reply instead of discussing it here. This thread will help you out. There is lots of great info here. http://www.thetruckersreport.com/tr...wift/127367-swift-and-the-lease-purchase.html
What does it matter if it's a Swift L/O or not? Most leases are slanted in the companies favor, especially the mega carriers. The questions you asked apply to any other L/O or owner operator out there.
I hope my man gets back to you also as he went with a lease as soon as he was able, and there was a learning curve, but with a business mind and common sense you can reap the benifits of higher pay, and the rewards of more freedom with your truck then a company driver. Like a house or a family in a perfect world we'd all start out ahead with tons of money in the bank and the know how but we don't, and sometimes even when the lease is geared in the companies favor you get a hand up with no down payment and better terms then trying it on the open market. It also has advantages if you fail you might better be able to pass your lease unto someone else with Swift then on the open market. So far so good with my man's L/O.