I'm on my fourth l/p trk paid the last one off and ran it for 18 months with no payments. Same company they keep me averaging between 3300-3800 a week mostly drop and hook. Take very good care of the drivers. But then that's me experience. I still take 3 to 4 days off a month. But i'm not married. But still make a good living able to pay for my toys and keep my trk looking sharp inside and out. I think alot of drivers keep the company driver mentality. I do alot of my maintenance on trk myself. I have not paid for pm's or brake jobs or other small repairs in years. But I see lease drivers go into major trk stops and pay 50+ dollars for wiper blades to be installed or replace a headlight. I've even seen them pay to have their tires air psi checked and aired up. I guess they don't realize that all the little things they can do themselves saves them money. But they just think they should be able to run it like a company trk and be lazy. Granted as a rule some l/p programs are scams but there are some out there that will work if you run it like a buisness.
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Ok Who has the best Lease Purchase deal?
Discussion in 'Lease Purchase Trucking Forum' started by Suncoast, Nov 20, 2008.
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That was from 3 years ago. Lol
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Lol I started reading then I saw 2008.
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Well hey, rain or shine there's always been a long line of suckers ready to do anything in this industry. lol
stormy379 and HalpinUout Thank this. -
if your the leasee no one...if your the leassor they are all great deals.
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stormy379 Thanks this.
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Got a 2015 lonestar an making money. Got truck thru quality an leased to hug group outta Memphis.on the road division pull in dry box. Truck has lots of warranty on it.seems to me there are no problems.yet!!!! After all it is a working piece of equipment. I'm happy with it so far.doing good. Bills paid truck payed an still taking home 1450/$2000 after payment fuel insurance is paid with fuel surcharge kick back. Wat r y'all doing wrong. Gotta be a business man an control your money. I stay out about 2 weeks then go home for about 4/5days. Doing good. Ok boy outta Tennessee........ Blue light special
nax, Ooops, 51.50 and 1 other person Thank this. -
Doing the Lease thing is a tough gig.
It really helps not to be under the gun financially. You need to be able to start with extra cash set aside ($1500-2500 minimum) to deal with unexpected issues ( like a deer leaping in front of your truck) or be able to sock away extra funds each and build up several funds (tires, breakdown, emergency, etc.)
I did the Lease thing with Prime. They make you pay for almost everything; load locks, chains, APU, APU maintenance, and of course the truck and other business expenses like permits.
After my initial extra cost dropped off I had fixed weekly expenses of $1148, not including fuel which ranges from $500-800 per week. So I had to earn $1700-2000 each week just to break even and start making money.
The truck was a brand new 2016 FL Cascadia light weight with full warranty coverage. In the first 3 months I had a deer collision ($1000 deductible), had to replace a drive tire ($1000) and the truck was in the shop 3 times (warranty coverage but lost time) On top of that I'd get dispatch telling me, "oh freight is just slow now, or you're in a bad area for loads."
Now I'm a company driver for a pneumatic company and I'm much happier and a lot less stressed.Last edited: Dec 2, 2016
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