4 Tips to Consider Becoming a Leased Owner-Operator

By | January 15, 2016

Becoming an owner-operator can be a highly lucrative career choice, offering you a lot more freedom compared to working for a company as an employee. But before you embark on this journey, take these tips into consideration.

  1. Keep Overhead and Maintain at a Minimum

The ideal way to do this is by making sure you drive slowly and carefully. You’re not trying to drive the most miles you can in one day for a fixed rate any more. Ideally, you’ve selected a company that lets you obtain the highest rate per mile on every load that’s available, and run at a pace that will not place an undue amount of stress on your equipment.

After scoping out owner-operator jobs and getting started on this career path, you should consider driving no more than 60 mph on average, conserve your brakes, and get regular oil changes and weekly grease jobs.

  1. Know How to Maintain Your Equipment

While you don’t have to necessarily do the work on your own, you should still understand what the mechanic is doing. You can’t do this if you don’t know exactly what you’re checking when looking at what the mechanic is doing.

The last thing you want is to get ripped off because you’re clueless about what the mechanic is recommending. It’s critical to find a shop with mechanics that act as if your truck is their own. Keep good records as well so you can document work that’s been done on your truck and why.

  1. Pay with a Credit Card if Possible

Only work with shops that accept credit cards. If they don’t, you may want to be leery. It’s in your best interests to pay with a credit card, because settling disputes and getting money back if there’s an issue is a lot easier when you use credit instead to cash.

  1. Truck Dealerships Are the Best Places to Look for Trucks

This is because they usually have all the equipment and tools needed to adequately diagnose and fix problems with your truck, and they can typically repair everything from bumper to bumper.