9 MUST-KNOWS Before Becoming a Lease Operator

What are the companies that offer good lease or lease-purchase programs? How long should I be a trucker before deciding to sign up for a lease? How do I know if the lease is a good idea?
Here are the must-knows before you sign up for a lease-purchase program with a company! There are a lot of advantages of leasing to own your own truck, but there are a lot of responsibilities and things to know as well.
Check out this video to prepare yourself properly before becoming a lease operator!
Subscribe to our channel for entertaining and informational content on trucking, and hit the 🔔 icon to get notified when we release a new video!
▶Facebook: / ettransportsolutions
▶Instagram: / ettransport​​
For all sponsorship inquiries:
[e-mail]
Soundtrack:
Sun Dog - Tiger Gang
Pop Filter - Alternate Endings
Hale - Away With It

[@lazarus8447]

The money part of being an owner op is cool and all but I just like the idea of having more control about taking a few days off here and there. That sort of thing.

[@paramgujjar]

Please make a video on Pros and Cons of Leasing a truck over Financing it.

[@NorthAmerican-Trucking-News]

Coming Soon!

[@paramgujjar]

@@NorthAmerican-Trucking-News you know what, this is the reason why almost all of your videos have 0 dislikes, because you people are so nice and Helpful. Keep up the Great Content

[@NorthAmerican-Trucking-News]

@@paramgujjar Thanks for the kind words Param! Really appreciate it!

[@charanjeetsingh4476]

Amazing 💯

[@jhonmarin2388]

Thanks for the information..

[@forster7558]

You are an eye-opener. Thank you

[@keepontruckin5862]

Good information thanks brotha.

[@elijahrose7913]

Good information

[@vladsalonzo]

Thank you.

[@wfrantzfit1648]

Thank you so much brother

[@NorthAmerican-Trucking-News]

Always welcome

[@brianbroyles641]

Leases are not that difficult. It's all about your business knowledge and aptitude. If you don't understand the business side of the industry, stay a company driver. There's great money to be made as a lease operator

[@megadope8457]

Thanks , Do you have any video updates to this video?

[@sirjosefofhessen4527]

Im in a 5 year lease 169k plus 10 percent interest on 2020 t680

[@limbanimkorongo1061]

Great information, whats the name.of your leasing company?

[@kevinsaunders1218]

I have been watching your videos for a couple of days and find them them very informative. I am thinking about getting into a lease program. You have been saying not to go more than 4 or 5 years. The company I am talking to has a program for 84 months. Is this a red flag?

[@kentr2424]

84 months is seven years. That is one major huge red flag......

[@vitaquasus1120]

Do they have a 'huge' buy out at the end of that lease?

[@John-kr7iz]

omg 7 years........that truck wont be worth even scrap lol! and the repair bills even after 5 years is bad enough

[@vitaquasus1120]

@@kentr2424 yes! It is a never ever ever ever never plan

[@charleethetrucker]

What do you think about hurricane express

[@youngsavagefury7138]

Rip off

[@GeorgeSchumpf]

The company I currently work for has a least purchase program and also a lease operator without purchase program. What should I look for in choosing between the 2 options?

[@relltherecruiter9069]

Lease operator position gives the benefit of getting paid like an O/O with out the headache of owning a truck, and you don't have to worry about the maintenance of truck and trailer.

[@GeorgeSchumpf]

Also the company I work for will not let me see the lease purchase contract or the lease operator contract until I stop in the office to sign it. That sounds like a red flag to me. What do you think?

[@NorthAmerican-Trucking-News]

100% red flag my friend! Don't sign anything until you know what you're signing up for!

[@TacticalTrucker]

Would it be better for me to lease purchase a truck off a dealer

[@NorthAmerican-Trucking-News]

The best thing about leasing off of a dealer is that you're not tied to one company. If you lease with a company you better make sure that the company is one that you're willing to stay with for 3-4 years.

[@JohnnyRebKy]

Best thing to do is live in your company truck a few years and then buy your own with CASH.

[@justingrady8666]

Can you do a lease to own contract with a different company other than the company that you’re working for?

[@naturehd1344]

If I have zero experience and want become a truck driver for the first time, can I join the lease program?? Or for me to join the lease program I must have some trucking experience?

[@NorthAmerican-Trucking-News]

We'll be releasing a new video on how to find your first trucking job! Stay tuned! It's generally recommended that you join as a company driver to learn the ropes.

[@mbekka1]

Sure u can

[@HollywoodCane]

Did you lease without having experience?

[@ryanpatterson5269]

Take the contract to a lawyer

[@francomtz7115]

Just stay away from leases, it's to complicated whith anything.

[@mbekka1]

Not really some leases are pretty good money

[@jbobb793]

@@mbekka1what about TLI or who ?