Owner operator lease programs have become a popular way for company drivers to take a step towards breaking free and owning their trucks. This is one of the easiest ways for drivers to start their businesses and have a more flexible schedule as well as make more money.
There are several owner operator lease programs available. However, we are only interested in the best of such programs.
This article will be listing some of these as well as briefly discussing what they’re all about.
Tips On Choosing The Best Owner Operator Programs
Countless programs offer you the opportunity of becoming an owner-operator. However, not all of these have the same advantages. In other words, certain programs are considered more favorable than others.
You’ll need to have an idea of what to look out for.
Seek For Companies With Years Of Experience
This simply refers to trucking companies that comprise of owner-operators with significant years of experience.
The best way to find out is by discussing with drivers on what opportunities you can take advantage of. The information gotten is invaluable and helps you start on a strong footing.
Freedom To Pick Load Choices And Freight Rates
Flexibility is everything when it comes to owner-operator lease programs. One of the main things to look out for in a company is its flexibility to pick load choices and freight rates.
Such programs allow for greater wiggle room for small business owners or entrepreneurs.
Do You Have The Freedom To Take Time Off?
You must have the freedom to take some time off whenever it’s necessary. Owner operator lease programs that don’t allow for greater control of your time should be avoided. Seek for those with flexible time schedules.
Choose A Company With The Highest Rate Per Mile
This tip is very crucial and impacts on the overall condition of your equipment or truck. Owner operator lease programs with significant rates per mile help lessen the likelihood of stressing your equipment trying to cover or drive the most miles per day for a fixed rate.
Above all else, you should ensure your homework is carefully done.
In other words, you’ll need to carefully scrutinize the business before going in. This reduces the chance of making costly mistakes which is common with those who aren’t so careful.
Best Owner Operator Lease Programs
Here, we’ve compiled a list of some of the best owner operator lease programs you can join or take advantage of.
Each of these has been proven to offer value as well as helping drivers achieve their dreams of starting their own trucking business. Any of the following programs should serve your interests;
JB Hunt is a reputable freight company with lots of incentives for its drivers in the form of plans that include basic percentage, performance mileage, basic mileage, and performance percentage plans. With JB Hunt, you don’t only get to save as much money, but also benefit from maximizing profits.
Part of this company’s owner-operator lease program offerings includes simple terms, starting with no upfront costs through its incentive-driven structures and strategies as well as flexible weekly repayments.
One of the things that make this company’s owner-operator lease program stand out is the comprehensive support it gives its drivers. You also get to gain from the many benefits it offers such as revenue incentives, fuel discounts, zero down payments, discounts for spare parts and tires.
Others include healthcare, flexible freight choices, trip advances, fuel cards, rider programs, as well as receiving flexible freight scheduling. All of these benefits combined make PGT Trucking’s owner-operator lease program one of the best.
Surprisingly, Wil-Trans isn’t among the biggest owner operator lease programs, yet, it’s listed among the best in the country due to the many incentives on offer. It offers a window of opportunity for truck drivers seeking to expand their horizons.
You not only get help in choosing the truck you want but benefit from its fuel-efficiency and low mileage. This impacts positively on your overall budget in the long run.
To benefit from Baylor Trucking’s excellent owner operator lease program, you’ll need to have worked for the company for a minimum of 60 days. This is quite stringent because a majority of companies don’t have this requirement.
However, such requirements are worth it as you stand to benefit significantly. Down payment will be necessary too.
Penske Trucking is listed among the best owner operator lease programs due to the several benefits you stand to gain from. They include keeping your truck up-to-date, removing the hidden cost of buying as well as improving the focus on your business model among other things.
It offers you comprehensive support, thus, enabling you to get your business running with the least difficulty. Your chances of success are significantly improved given its many years of experience in the business.
When it comes to the best owner operator lease programs, Ryder comes up as one of those at the forefront of providing efficient owner operator lease services. It has built a culture of trust which has won it the admiration and respect of truck drivers.
Its durable equipment and innovative services serve as some of the major reasons drivers consider it a viable option for their business needs.
Every truck driver needs a trusted partner with years of experience. Gordon Trucking offers all these and even more.
Its value-added services include finance packages in addition to equipment specifications, air ride suspensions, fuel efficiency, decal allowance and lots more.
Drivers are given the support they need to succeed, plus, you get the chance to grow your business while leveraging on its expertise.
Having listed some of the best owner operator lease programs, its necessary to further compare the offerings each provides. This, coupled with the tips provided above enables you to choose only the best and most suitable program for your needs.