In my opinion you are spot on regarding renting or leasing. I have specific clients I run for and have my own company and authority. I go nationwide picking up and delivering. I wouldn't get into a lease in my case since I have a low top cargo van I own outright and use 90% of the time. On occasion I get taller items. I used to put them in my trailer,, hook up and make the delivery, bada bing no problem right? Nah, recently I was enlightened by a DOT officer that my combined weight ratio required me to have a ELD in my vehicle when I tow. I don't want an ELD anywhere around my van or me. Because of the infrequent occasions I need to tow it's not worth the subscription or hassle of an ELD. But it is also not worth the fines if I get cited for towing and not being in compliance. The decision I made was to set up a commercial account with a rental company to get a small discount on a high roof van when I need one and $h1t can using the trailer. I tell the rental company the amount of time I need the van and that's what I pay for, no more and sometimes less. I don't deal with pallets so the longest and tallest really isn't fo me, for what I carry the vans available for rent are fine for my use. If you do rent be prepared to rig up a tie down system that doesn't infringe of the van's body, I'm still trying to perfect how to do it. When or if things settle down with the high top van game I will get one to replace my Chevy, but not another diesel. The emission crap is a nightmare when they go wrong. Until then I think this is best for my situation. Like what was mentioned in the video know what your needs are before deciding on anything. Love your channel since I'm just about a year into this. Great information, some of it applies some of it doesn't. I put what applies in my l notebook to use, the other stuff I chalk up to having learned something new and move on. Keep up the great work.
If you were starting today, and had years of experience as a self employed business owner, what would your choice be to get into the business and start making money the fastest. Which type of work, intrastate, interstate, local deliveries, etc.? Obtaining a van? My family needs to know immediately.
I'm going to say leasing and renting is pretty much the same thing. But moving jobs and demolition clean up is always good hustles with the van. New subscriber
In 1985 when I started, and still going, I called Ryder about renting an Econoline van just before I signed my lease with the carrier. First he told me they had a maintenance schedule that had to be followed where I would have to go out of service to replace parts whether they broke or not. Then they gave me a limit of the amount of miles I could put on, then after that limit they would charge me by the mile (the numbers I don't remember) What I do remember is the leasing of a van was triple what a new van would cost (triple every year!). It was much cheaper to buy a brand new Ford van and maintain it myself. Renting forget it, that's even more expensive! Renting from just a nobody individual- NEVER DO IT! You think an individual will keep up the repairs without charging you less than a Ryder, or Penske? NO WAY. Reality is you have to buy a van, and at todays van prices, and prices of fuel and repairs, you will to work your ass off to make a decent profit. There's very high turn over for the expediting business. I've met people in our fleet, and more often than not, they pay off their van or sell it, and they move on within 5 years.
@@danniecurlett8702 They were much easier to work on that the Transits today. The only bad thing about my '85 was it didn't fuel injection, and the computer had issues after 4 years.
@@interstategar people say those ecoline are some good vans. I remember having a gmc safari and literally having to remove the bottom part of the dash to get to the engine. I agree them promasters look like a nightmare to work on. So far haven't seen a Ford transit to say they are worse. Mercedes and freightliner are missing in action too.
@@danniecurlett8702 I know someone who has a 2019 Transit. He needed an O2 sensor replaced and had to take it too the dealer because it buried. In my 2012 Econoline, its very easy to access. I just remove the engine cover and the 2 front O2 sensors are right there. Just unplug, and loosen the sensor with my O2 wrench which is a 7/8 with a slot to fit over the top of the sensor.
I think they are talking about Ryder. They will do custom leases with corporations only. It’s very expensive and includes maintenance. Most likely $2500 a month.
The van I took on is down again for the second time. Took it to a shop to have work done and they screwed it up. They popped the right from cv axle and low and behold the whole axle is on back order. Finding parts for a promaster is getting to the point of being impossible.
I want to get in this industry, I don’t have a van or experience. I will go on the route of leasing and transition from my job to cargo van. My question is how do I find load in NYC?
I would love that also. Not having any luck finding anything like that yet, myself. Everything I see wants you to have your own equipment. Is why I am trying to explore Enterprise type options.
Find out how you plan to work your van. Meaning, will you sign on with a carrier and run under their authority in which they find you loads? Will you get your authority and work off of apps and websites? Will you get your authority and bid loads off of a load board? There are many different ways to make money in a cargo van, so you at least have to start off by researching the various options.
If you know the numbers and believe you'll be profitable, then roll with it if you're ok with the numbers. If not, the option is hold off getting in the industry and focus on fixing the things that are preventing you. In my opinion I suggest driving for a fleet owner to gain experience, create documented income, work on your credit, etc.
Ive been driving 26ft truck for 2yrs most south western states how can u get in contact with a fleet owner im intersted in driving Cargo vans otr im from California
Hey I was thinking about driving for a fleet owner as team drivers is a 40 60 split gud ? An I guess so guy supposed to find loads for us don't u thinks that's gud ? Or we need to find loads ourselves ? Need help
Hey Mr EA i have a question i hope i get a chance to reply to I’m brand new with the whole expediting thing and I’ve did research for a couple of weeks and i want to dive into it. How do i find fleet owners to drive for or companies that will hire me as a beginner. I’m based in Dallas texas so if you could help i would gladly appreciate ya man
Great video with a lot of value ❤ I have been thinking about having my own cargo van rental services. If I charge $75 to $100 a day with 50 -100 miles included....is that a good deal?
@@EverythingApax What is the name of the leasing company provides some of the names.. Especially the one you said that cover the maintenance Please if you can
"Getting out of this business, that's not an option for me... I'm rollin'!"
Nice! 💥 🤘🤘🤘
In my opinion you are spot on regarding renting or leasing. I have specific clients I run for and have my own company and authority. I go nationwide picking up and delivering. I wouldn't get into a lease in my case since I have a low top cargo van I own outright and use 90% of the time. On occasion I get taller items. I used to put them in my trailer,, hook up and make the delivery, bada bing no problem right? Nah, recently I was enlightened by a DOT officer that my combined weight ratio required me to have a ELD in my vehicle when I tow. I don't want an ELD anywhere around my van or me. Because of the infrequent occasions I need to tow it's not worth the subscription or hassle of an ELD. But it is also not worth the fines if I get cited for towing and not being in compliance. The decision I made was to set up a commercial account with a rental company to get a small discount on a high roof van when I need one and $h1t can using the trailer. I tell the rental company the amount of time I need the van and that's what I pay for, no more and sometimes less. I don't deal with pallets so the longest and tallest really isn't fo me, for what I carry the vans available for rent are fine for my use. If you do rent be prepared to rig up a tie down system that doesn't infringe of the van's body, I'm still trying to perfect how to do it. When or if things settle down with the high top van game I will get one to replace my Chevy, but not another diesel. The emission crap is a nightmare when they go wrong. Until then I think this is best for my situation. Like what was mentioned in the video know what your needs are before deciding on anything.
Love your channel since I'm just about a year into this. Great information, some of it applies some of it doesn't. I put what applies in my l notebook to use, the other stuff I chalk up to having learned something new and move on. Keep up the great work.
Much appreciated. Thank you for your feedback and information. Continued success.
If you were starting today, and had years of experience as a self employed business owner, what would your choice be to get into the business and start making money the fastest. Which type of work, intrastate, interstate, local deliveries, etc.? Obtaining a van? My family needs to know immediately.
I'm going to say leasing and renting is pretty much the same thing. But moving jobs and demolition clean up is always good hustles with the van. New subscriber
Thank you
Keeping it real. Straight shooting info.
Great video, could you share any fleet companies that are offering jobs and provide their own van
Keep rolling brother! Love all your videos! Thanks for all the information and insights you give!
Me too sir
Thank you both
I don’t have van, I would like to drive for owner until I can afford my own
In 1985 when I started, and still going, I called Ryder about renting an Econoline van just before I signed my lease with the carrier. First he told me they had a maintenance schedule that had to be followed where I would have to go out of service to replace parts whether they broke or not. Then they gave me a limit of the amount of miles I could put on, then after that limit they would charge me by the mile (the numbers I don't remember) What I do remember is the leasing of a van was triple what a new van would cost (triple every year!). It was much cheaper to buy a brand new Ford van and maintain it myself. Renting forget it, that's even more expensive! Renting from just a nobody individual- NEVER DO IT! You think an individual will keep up the repairs without charging you less than a Ryder, or Penske? NO WAY. Reality is you have to buy a van, and at todays van prices, and prices of fuel and repairs, you will to work your ass off to make a decent profit. There's very high turn over for the expediting business. I've met people in our fleet, and more often than not, they pay off their van or sell it, and they move on within 5 years.
Them old 80s ecoline vans look like a nightmare to work on
@@danniecurlett8702 They were much easier to work on that the Transits today. The only bad thing about my '85 was it didn't fuel injection, and the computer had issues after 4 years.
@@interstategar people say those ecoline are some good vans. I remember having a gmc safari and literally having to remove the bottom part of the dash to get to the engine. I agree them promasters look like a nightmare to work on. So far haven't seen a Ford transit to say they are worse. Mercedes and freightliner are missing in action too.
@@danniecurlett8702 I know someone who has a 2019 Transit. He needed an O2 sensor replaced and had to take it too the dealer because it buried. In my 2012 Econoline, its very easy to access. I just remove the engine cover and the 2 front O2 sensors are right there. Just unplug, and loosen the sensor with my O2 wrench which is a 7/8 with a slot to fit over the top of the sensor.
@@interstategar I had 2 that was stuck took it to someone got raked over the coals and had to more to replace
I think they are talking about Ryder. They will do custom leases with corporations only. It’s very expensive and includes maintenance. Most likely $2500 a month.
Wow for cargo van or truck
@@hasanalshareef5047 Depends on the term of the lease if you’re doing 150,000 miles a year the vehicle will lose value rapidly.
The van I took on is down again for the second time. Took it to a shop to have work done and they screwed it up. They popped the right from cv axle and low and behold the whole axle is on back order. Finding parts for a promaster is getting to the point of being impossible.
Sorry to hear.
I deliver Amazon packages all day and i would rather own a van myself. And i was totally wondering if this was an actual thing i want to get into
Great video. Exactly what I was looking for.
Thank you
Good information thank you
I want to get in this industry, I don’t have a van or experience. I will go on the route of leasing and transition from my job to cargo van. My question is how do I find load in NYC?
Awesome information brother
Thank you
What would say is the average monthly earnings for a starter with a sprinter type cargo van? OTR
Note: On the busiest month and slowest month.
When it's time for me I hope to work under an owner for a year or two
Me too…any good suggestions for first timers
I would love that also. Not having any luck finding anything like that yet, myself. Everything I see wants you to have your own equipment. Is why I am trying to explore Enterprise type options.
Great info
Thank you. Enjoy your channel as well.
I LOVE IT
Thank you
So basically find out how you can get loads before purchasing a van?
Find out how you plan to work your van. Meaning, will you sign on with a carrier and run under their authority in which they find you loads? Will you get your authority and work off of apps and websites? Will you get your authority and bid loads off of a load board?
There are many different ways to make money in a cargo van, so you at least have to start off by researching the various options.
What was your first rock n roe concert?
Limp Bizkit and Korn
well dam it is expensive but what other choice do we have if your brand new at this besides buying
If you know the numbers and believe you'll be profitable, then roll with it if you're ok with the numbers. If not, the option is hold off getting in the industry and focus on fixing the things that are preventing you.
In my opinion I suggest driving for a fleet owner to gain experience, create documented income, work on your credit, etc.
Hello, I heard you talk about insurance, if I may what company are you insured with. Thanks
Why doesnt leasiing thru ford make sense? That way u arent stuck with maintenance etc?
150,000 miles a year they are not going to lease you a van. It will be .25 a mile after 30k miles.
How much can you make ?
Ive been driving 26ft truck for 2yrs most south western states how can u get in contact with a fleet owner im intersted in driving Cargo vans otr im from California
Call the carriers and speak with recruiting. Ask them if they have fleet owners looking for a driver.
Paxton! Would you lease on an owner op with a 5yo Transit? Also, I'm a big money van driver! #vanlife
Hey Brother how's the expediting business lately? I got out about 6 months ago (health issues) Has business picked up any?
@dennisandrews8485 things are still tight. You're not missing anything. I hope you get yourself straightened out.
Hey I was thinking about driving for a fleet owner as team drivers is a 40 60 split gud ? An I guess so guy supposed to find loads for us don't u thinks that's gud ? Or we need to find loads ourselves ? Need help
Email me @ Everythingapax@gmail.com so you can call me.
If you guys get 40% and pay no gas or tolls, that is standard. What will the rate per mile be to the van?
@@EverythingApax from wat I understand I 20 cent a mile or 40 60 split wit the onwer
@user-pb5ve4ud5e email me so we can talk. Much easier. No charge.
Renting never cheaper! Man up
Big up bro,I want to join by financing
What loadboard do you use
Sylectus, Virtual Fleet and Ivia
@@EverythingApax does those boards for Canadian drivers as well?
*roll
can we do this like part time?
A version of this yes. Must find the right company to work with.
@@EverythingApax thank you very much.
@@ii-ne3oy you're welcome.
Enterprise, Penske, etc all rent cargo, Transit vans.
They do.
I’m looking for owner,Someone can hire me
Rental is always the best option
Why do you believe this?
@@EverythingApax why destroy your own van when you can destroy someone else’s
Won't it be better to work under a fleet owner as a driver? Leases can have many traps and the end of the lease.
Absolutely.
We can't enlighten you....you're a Sage. 😁
If only. 🤜🏼🤛🏼
Hey Mr EA i have a question i hope i get a chance to reply to
I’m brand new with the whole expediting thing and I’ve did research for a couple of weeks and i want to dive into it. How do i find fleet owners to drive for or companies that will hire me as a beginner.
I’m based in Dallas texas so if you could help i would gladly appreciate ya man
The Facebook groups is a good start. Create a post in each one. Leave info about yourself.
What's the difference between expediting and carrier?
Expediting is mostly over the road long distance and away from home for long periods. Courier is more local and home nightly.
@@EverythingApax so what are some of the things I need for me to complete a carrier business with my car van I know I probably need a llc what else?
Leasing is renting
Is a Uhaul or a Home Depot vehicle a lease? In my view, renting is when you get use of a van from an individual that charges per day.
Bump
Is it better I get a loan fr the bank and bought 1?
If interest rate is better.
Great video with a lot of value ❤ I have been thinking about having my own cargo van rental services. If I charge $75 to $100 a day with 50 -100 miles included....is that a good deal?
Hey how are you doing what is the lease company that you mentioned in your video.. The ones that cover all maintenance @everythingapex
Mr Allen,
SQUIRRELS !!!!!!!
NEVER RENT!
Agreed.
My favorite guy on TH-cam is here 🫡🫡🫡🫡🫡🫡
Hey how are you doing what is the lease company that you mentioned in your video.. The ones that cover all maintenance @everythingapax
Yes. That is the positive.
@@EverythingApax What is the name of the leasing company provides some of the names.. Especially the one you said that cover the maintenance Please if you can
Zeeba covers all and insurance… Plus they have a rent to own option.