2006-07-15 15:54:07 · 5 answers · asked by Anonymous in Cars & Transportation ➔ Other - Cars & Transportation
I assume your question has to do with you should lease your tractor to a company or get your own authority and run under it.
If you have to ask the question, you make not be ready for your own authority. I would lease on to another company until you learn more about, not only the difference between being a company driver and driving your own truck. Trust me, it is difficult enough to be an owner operator. Taking on the additional responsibilities of your own authority, finding your own loads, not to mention the 30 to 45 day wait to get paid (if you get paid) may be a bit much to take on now.
It's worth that 15-25% (NO MORE!) for a few years to get your feet wet. Once you get a couple customers or a few years experience, you may decide to take this step in your career.
Good luck.
2006-07-16 00:00:12 · answer #1 · answered by Cosmo 6 · 0⤊ 0⤋
Are you talking about being a truck driver? If so, I suggest that you start as a company driver and learn to drive before you lease a truck and become responsible for the financial side of trucking and learn to drive at the same time. Lease programs with big trucking companies rarely make any money for the driver. What happens is the driver pays too much for the truck to start with. Gets overwhelmed with driving and making the operational decisions for the truck, sign the truck back to the lease company for too little. So the trucking company makes money selling you the truck AND makes money when they re-sell or re-lease the truck to the next sucker.
If you are a very experienced owner/operator and pay cash for EVERYTHING you might make a little more if you lease but you do have 2 1/2 full-time jobs in order to make a little more money than a company driver.
2006-07-15 23:17:40 · answer #2 · answered by Anthony M 6 · 0⤊ 0⤋
well i did lease purchase and it worked pretty good tell my miles got cut back i was running aboue 3400 miles a week then they cut me down to 1500 miles a week i made a $1.23 a mile for all miles loaded & empty so a lease purchase can work but only if the company has no company drivers when i did it i was fighting the company drivers for loads a lease purchase is a good thing when it is a total owner operator & lease purchase company but if you do it you should just plan on being gone all the time i did it for 6 months and was home for about a total of 2 weeks so if i were you i would just do company it is less trouble cause all you have to do is drive and get from point A to point B in 1 peice with everything you started the trip with
2006-07-15 23:17:24 · answer #3 · answered by rjm_333 4 · 0⤊ 0⤋
Lease purchase, always a rip off. If you can't afford a tractor, then you have no business trying to go into business for yourself.
I have 27 years in the trucking business.
2006-07-15 23:07:37 · answer #4 · answered by Beavis Christ AM 6 · 0⤊ 0⤋
lease has litimited miles and lump sum at end of it
2006-07-15 23:10:31 · answer #5 · answered by david c 2 · 0⤊ 0⤋