How to become owner operator
You can’t be a professional hiker without a backpack and of course, you cannot be an owner operator without your own truck. One of the conditions to write your own story as an owner operator is to have your own wheels.
What choice do I have when is time to buy a truck? You have three options
- To buy a truck
- To lease a truck
- To rent a truck
Source: www.truckerslogic.com
Buying a Truck – It is a best possible option because you have something that is yours, something that can bring you money at any time. How? Easy … you do not want to be owner operator anymore, sell it and make return of your investment.
Leasing a Truck – Second best option, if you have to lease a truck you have to wait for some time to become your property, to be more specific you need to wait until the lease is complete and then you can do whatever you want with it, you are owner operator with your own truck now.
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Renting a Truck – If you choose to rent a truck you will make your biggest mistake of your owner operator history. Now I will tell you why! With the first two options you will get your own truck sooner or later, but with renting you will never have that opportunity. Do you want to drive rented car for your whole life? I don’t.