You should join OOIDA. You can find them at ooida.com. That is one of the many services they offer their members. Their lawyers are specialized to represent independent truckers.
If they can't convince you not to go through with it, come back in here and Brett and I will break our rule of not discussing lease purchases, and show you why you're in a better position as a good solid company driver.
OOIDA is an international trade association representing the interests of independent owner-operators and professional drivers on all issues that affect truckers. The over 150,000 members of OOIDA are men and women in all 50 states and Canada who collectively own and/or operate more than 240,000 individual heavy-duty trucks and small truck fleets.
The mission of OOIDA is to serve owner-operators, small fleets and professional truckers; to work for a business climate where truckers are treated equally and fairly; to promote highway safety and responsibility among all highway users; and to promote a better business climate and efficiency for all truck operators.
I am not looking for someone to try and talk me out of what I want to do.
I am not looking for someone to try and talk me out of what I want to do.
Okay.
I am not looking for someone to try and talk me out of what I want to do.
Shrek, I'm keenly aware of that. You will find the folks at OOIDA very helpful, but you will need to be prepared for them to find many problems with your lease agreement. In other words, just because you want to do it, does not make it a wise financial decision.
Truck leasing is just one more thing that is sold by the trucking companies. It is one more weapon in their arsenal that is designed to provide them with a positive bottom line. The dirty little secret is that you thought they designed this program to help you make a ton of money.
That is how you sell something that is really beneficial to your company. You contrive a way to convince the person buying into the idea that it is a benevolent idea designed purely for their benefit. Then after that person flounders away at the idea for about three or four years and finally realizes what a mess they got into, the customer walks away from it and the company still has their assets and has not had to pay any of the associated expenses on it for the duration of that contract. It's a win win negotiation... depending on which side of the table you are on.
Okay, I'm probably a fool for getting into this again, forgive me. Shrek, you are brand new to this. I, on the other hand, have owned as many as six big rigs at one time. In today's business climate there are way fewer owner operators than there were thirty years ago. There are some very unforgiving reasons why that is so. You have every right to go out there and learn those things the hard way. I was just trying to save you from the very real possibility of not being able to graduate from the school of hard knocks.
An owner-operator is a driver who either owns or leases the truck they are driving. A self-employed driver.
OOIDA is an international trade association representing the interests of independent owner-operators and professional drivers on all issues that affect truckers. The over 150,000 members of OOIDA are men and women in all 50 states and Canada who collectively own and/or operate more than 240,000 individual heavy-duty trucks and small truck fleets.
The mission of OOIDA is to serve owner-operators, small fleets and professional truckers; to work for a business climate where truckers are treated equally and fairly; to promote highway safety and responsibility among all highway users; and to promote a better business climate and efficiency for all truck operators.
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I am thinking of doing a lease purchase program and I want a lawyer to look over the contract with me but I don't know what type of lawyer I should get for a trucking lease. Any suggestions would be greatly appreciated. I live in South western PA if that helps at all!