ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Cheapest Way to Start Your Own Trucking Business

Updated on January 24, 2011
#18 of 30
#18 of 30 | Source

There are many companies that offer a lease to prospective drivers with little or even no money down and no credit check.  Some of these companies even offer training to help drivers get their CDL and some practical on the job training before signing a lease.  If you want to become a truck driver, and especially if you dream of having your own trucking business, this is the cheapest way to get started.

Cheapest is not always best. If you have a good work history as a truck driver, a down payment, and decent credit then you can get a better deal by financing your own truck.

If you are just starting out, or you don’t have money saved up for a down payment, or if you have credit problems, then leasing may be the best option for you.

While many companies make it very easy to lease a truck, you should be aware that they find the lease to be a good deal for the company. If a new driver discovers that trucking is not his dream after all, then the company gets the truck back and they can lease it to another driver. 

Lease drivers also pay for all the costs of the truck.  They pay for their own fuel, insurance, permits, and of course a significant truck payment.  Sometimes the insurance and permits are included in the truck payment.  Be sure to ask about extra fees when you are comparing lease deals.  You may find a company with a lower truck payment, but it is only because they charge your insurance and permits separately.  They don’t always remember to disclose the extra payments until you are already there and about to sign your lease.

It’s a good idea to get a copy of the lease ahead of time… before you hop on a bus to go to the company for training or orientation.  This will give you a chance to read it, ask questions, and even have a lawyer take a look at the contract you will be signing.  Some companies are reluctant to send a copy of their lease.  I would be very cautious about a company that appears to have something to hide.

Another thing to look at is what the company will be paying you as a lease-operator.  A common payment plan is about $.90 a mile plus a fuel surcharge.  You should take a close look at this and figure out how many miles you will need to run each week to make your truck payment and still have some money left to take home.

The best deal, in my opinion, is one that gives you a piece of the action. There are also some companies that will base your pay on a percentage of the load.  This gives the driver an opportunity to make more money on short loads, or loads that deliver to places like New England.  Many drivers don’t like these loads, and if they are paid by the mile, I can’t blame them.

The thing is, you will probably get these loads no matter who you work for, so why not also get paid dollars instead of cents for running the toll roads, or having to load and unload more frequently?



    0 of 8192 characters used
    Post Comment

    • profile image


      16 months ago

      Hello I need training for start transport business.

    • profile image


      5 years ago

      hi sir/madam

      compliment of the season to you out there ,i want to start my own business,i need a full traning from oyur company


    • CDL Career Coach profile imageAUTHOR

      CDL Career Coach 

      6 years ago from Eugene, Oregon

      CR England, Central Refrigerated, Prime, JB Hunt, US Xpress, and Schneider all have lease programs that I'm aware of. It's a popular option for trucking companies to offer a lease because it pushes a lot of the risk onto the drivers and ensures that the companies always make money on their trucks.

    • profile image

      green man 

      6 years ago

      Do you happen to know some company"s thhat have the lease program?


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)