PRIME LEASE OP

Topic 14702 | Page 1

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Mr. M.'s Comment
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IS IT GOOD TO LEASE OR BE A COMPANY DRIVER. YES I DO HAVE THE MONEY TO BUY A TRUCK BUT I DON'T HAVE ANY EXPERIENCE. I WANT TO LEARN THE ASPECT SIDE THE BUSINESS ALSO. SO I WANT TO KNOW IS IT BAD TO JUMP RIGHT INTO LEASE?? I'VE WATCHED PLENTY OF VIDEOS AND DONE MY RESEARCH. I JUST WANT TO KNOW YOU GUYS OPINION PLEASE. THINKING ABOUT FLAT BEDDING. THANKS

Brett Aquila's Comment
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Hey Mr M.

In our opinion brand new drivers should not even consider buying or leasing a truck. When you're new to trucking you have no idea how much there is to learn. Not only does it take quite a long time to learn how to handle that rig like a pro, but so many other aspects regarding managing your time and resources and adjusting to life on the road. Because of this we have chosen not to even discuss buying or leasing a truck here on TruckingTruth, other than to let people know our policy and why we feel that way. So in our opinion you should absolutely wait until you have at least one or two years of OTR experience before you consider buying or leasing a truck. Not only will that give you plenty of time to learn your trade, but plenty of time to continue researching what it really takes to own and operate a trucking business.

Hope this helps.

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OTR:

Over The Road

OTR driving normally means you'll be hauling freight to various customers throughout your company's hauling region. It often entails being gone from home for two to three weeks at a time.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
Mr. M.'s Comment
member avatar

In no way am I trying to buy a truck. I just wanted to know in your opinion i should stay as a company driver for at least a year to learn OTR

OTR:

Over The Road

OTR driving normally means you'll be hauling freight to various customers throughout your company's hauling region. It often entails being gone from home for two to three weeks at a time.

Brett Aquila's Comment
member avatar

Yeah, you certainly should wait at least a year. And be aware of the fact that leasing a truck leaves you financially responsible for the operations the same as owning it outright does. Don't think that leasing is somehow less risky than buying. Either way you're running the business, you're making the payments, and you're responsible for the financial success or failure of that truck's operations. I know these companies advertise "walk-away leasing" and things of that nature but trust me, there is no such thing as having the benefits of being a business owner without the financial risk and all the extra work. Marketing departments spend an awful lot of time and resources trying to convince people of this but it simply isn't true.

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