Trailer lease for new Owner Operator, who will lease to me?

Discussion in 'Ask An Owner Operator' started by ajamess91, Jan 20, 2021.

  1. ajamess91

    ajamess91 Bobtail Member

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    Feb 24, 2012
    Indianapolis, IN
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    I have a new authority, and it is just me and my 1 truck. I'm looking to lease a 53' dry van but have not had much luck. I've called the trailer leasing companies in my area (Indianapolis). Premier said that they require 2 years operation, and XTRA does not lease to owner operators. I could probably rent a trailer through Ryder or Penske for $300 a week plus 7 cents a mile, but this seems pretty expensive. Any ideas?
     
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  3. jlafume

    jlafume Light Load Member

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  4. Judge

    Judge Road Train Member

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    Power Only until you get a trailer, JB keeps sending me emails about needing power only trucks.
     
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  5. Mohtrucker

    Mohtrucker Light Load Member

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    Oct 20, 2019
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    Power only is your best bet I’ve been doing that for the past couple months and finally secured a trailer
     
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  6. 77fib77

    77fib77 Road Train Member

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    Make one. C'mon get some skills.

    Jk
     
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  7. ajamess91

    ajamess91 Bobtail Member

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    Feb 24, 2012
    Indianapolis, IN
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    I'm looking at power only, but there seems to be very little PO freight. JB requires 3 months authority, and Schneider 6 months. What's left appears to be loadouts.
     
  8. wichris

    wichris Road Train Member

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    Wouldn't it have been better if you waited until you could get a trailer or was the lure of big bucks too much?
     
  9. ajamess91

    ajamess91 Bobtail Member

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    Feb 24, 2012
    Indianapolis, IN
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    No, I figured I might as well jump in head first. I knew there would be problems. I talked to a few dealers a while ago, new dry vans are several months out. So I decided that leasing a trailer in the meantime would be the way to go. I guess that's not the case.
     
  10. Dino soar

    Dino soar Road Train Member

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    Keep looking. Keep calling every trailer place. You will find there somewhere that you can rent a trailer or maybe a company will lease one to you. Of course some of this depends on your credit but there are some places that you will find that you just give them a deposit and you won't need the credit. Also look on craigslist and Facebook. The only problem I found with those deals is that sometimes the places they would actually rent you a trailer want you to be responsible for all of the maintenance and if anything breaks on the trailer while you have it. That something you have to discuss in depth with them before you sign an agreement.

    I am not sure that JB requires 3 months for the power only program. That may be just for pulling freight off of the load boards.

    JB sends me those emails all the time also and they do have a lot of power only freight you can run. I don't pay a lot of attention to the emails but they did raise the rate awhile back.
     
  11. Tode8

    Tode8 Bobtail Member

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    Sep 5, 2020
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    Where are you located?We are in Lemont, IL my comapny can lease a trailer for you but they requre to lease yoour truck with them, they are taking 12%
     
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