Who would be best behind the wheel? We can help you decide.
One or more semi-trucks could be absolutely necessary for you to run your business, whether seasonally or daily. If it is, you have the choice to own or rent semi-trucks. There are pros and cons to each option, and it is possible to do both at the same time, strategically. Below, we’ll take a look at the pros and cons of semi-truck owning vs. leasing. If you are doing business in the Mid-Atlantic region, Evan Transportation is happy to chat with you and help you decide which option is best.
Owning a Semi-Truck
When you own your own semi-truck or truck fleet, you have the most control. Some might say that you will be able to recoup the cost of the trucks if you sell them someday, but semi-trucks, like cars, depreciate, and with ownership, you are responsible for the maintenance costs, which can increase steadily, especially after five years of ownership. Even so, when you own all the trucks yourself, you will be less at the mercy of third parties and have full control over your trucks’ appearance and condition. Despite the significant costs, owning your semi-trucks could be the goal.
Leasing a Semi-Truck
Leasing semi-trucks is an easy way to get your foot in the door. You won’t have to worry about maintaining the trucks yourself, nor will you have to pay for it. You can also be responsible for them only when you need them, which is great for seasonal truck deliveries.
The advantage of working with a third party is that you spend less than hiring your own team and fleet, but you get all the benefits of professional truck drivers and well-maintained trucks. You can also choose to hire your own drivers and rent only the trucks or road trailers. It is not possible for you to regain the money from semi-truck leasing, but you will be able to earn revenue with the right transportation and potentially save in the long run.
Counting the Costs
People have different philosophies on whether it is better to rent or own in general. Renting gives you the convenience of a third party handling maintenance, but owning can give you a greater sense of control and stability. It’s possible to do one, the other, or both. Evan Transportation offers truck transportation in the Mid-Atlantic region and road trailer rentals.
For All Your Trucking Needs
Follow us here at Evan Transportation to get more updates on driving tips and the trucking industry. Evan Transportation provides trucking and transportation services for clients throughout the Mid-Atlantic region. All of our drivers and staff are offered competitive salaries and benefits and are guaranteed to be home every day. Interested in finding out more? Visit us online or give us a call at 443-673-3365. For even more information, visit us on Facebook, Twitter, Pinterest, and LinkedIn.