Fleet owners that lease their trucks on with companies

aoexpress1 · Oct 17, 2011

I am thinking about buying a truck that I can lease out to a company and use the company's authority. I am going to buy a straight truck, not really sure what size it will be. I just know it needs to have a DOT approved sleeper and be a newer model truck. My question is what are the pro's and con's of leasing a truck out to a company and is it profitable? I am not sure whether or not to run teams or solo's.

Thanks

mcavoy33 · Oct 17, 2011

People are probably going to need more info than that to try to help you. You need to be more specific I think. Telling people a little more about your situation, what types of trucks you have, what companies your thinking about leasing on to might help.

I don't know anything about the subject tbh but I always see people reply the above when people post a vague question like yours. Just trying to speed up the process for you.

leezaback · Oct 17, 2011

Sounds like you realy do not have a plan yet. 1st. decide what you want to do. If you have never been in expediting before and not sure what you want-consider driving for a owner before putting monies down on you're truck. without a solid plan sucess will be hard to obtain.
welcome to our world-enjoy the ride

ATeam · Oct 17, 2011

You are asking some of the most basic questions newbies ask. Before going further, read Introduction to Expediting to gain a basic overview of the business.

Jefferson3000 · Oct 17, 2011

"what are the pro's and con's of leasing a truck out to a company and is it profitable?"

As opposed to what? What's the more profitable plan for you, other than leasing your truck to a carrier? I know we spoke of this MANY months ago, and you had a couple of daycabs you wanted to run locally. What happened with that? Did you call any of those names I gave you? In most cases they would be leasing your equipment as well.

Bruno · Oct 18, 2011

Jefferson3000 said:
"what are the pro's and con's of leasing a truck out to a company and is it profitable?"

As opposed to what? What's the more profitable plan for you, other than leasing your truck to a carrier? I know we spoke of this MANY months ago, and you had a couple of daycabs you wanted to run locally. What happened with that? Did you call any of those names I gave you? In most cases they would be leasing your equipment as well.

Jefferson sounds like you have helped this member before. I would have to agree with Phil, they need to go to the link that Phil posted.

greg334 · Oct 18, 2011

My advice - Get a truck and get on the road.

As an owner, you need to understand how it works from the driver's point of view and if lack experience in this industry (meaning driving for at least a few years) or you are not willing to do this, then go get a Subway Franchise.