Riverside Transport Lease Purchase?

Discussion in 'Lease Purchase Trucking Forum' started by Tennessee Trucker, Jul 6, 2012.

  1. BigKid2

    BigKid2 Road Train Member

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    Yeah my 2010 was real old when I got it in March of 2011 with 104,000 miles on it too.
     
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  3. DragonTamerBrat

    DragonTamerBrat Road Train Member

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    You also forgot us. Sitting? WTF is that? Hubby barely has time to park before his next load assignment is sitting there waiting on his QC.
     
    ChipnChair Thanks this.
  4. Wooly Rhino

    Wooly Rhino Road Train Member

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    I worked for ACT and I know the owners of Riverside. Both are good companies. The problem I have is the leases are @12% plus. With interest rates the way they are and money available, buy your own equipment.

    No company leases you something because they are trying to do you a favor.
     
    Bean Jr. and amscontr Thank this.
  5. BigKid2

    BigKid2 Road Train Member

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    I completely agree with you. If you can go that route that is the way to go. I could not though because as a first time buyer it is very hard to get financing.
     
  6. jerbur6

    jerbur6 Bobtail Member

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    i was a company driver for rti and i do know that if you work out of owensboro they will give you all the miles you can run. i never sat with them.
     
  7. full moon

    full moon Light Load Member

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    I would be interested in seeing some profit and loss statements im currently averaging 7.86mpg and im only making .46mi. And i havent even paid my qrtrly irs payments out of that yet.
     
  8. full moon

    full moon Light Load Member

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    I dont have anything to laugh about when i go to the bank thats for sure .
     
  9. BigKid2

    BigKid2 Road Train Member

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    Is the 7.86 mpg the number off the Qualcomm? If so that number is not even close to accurate it is about 1 mpg off on pretty much every truck we have.
     
  10. full moon

    full moon Light Load Member

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    7.86mpg is what they have me at in the shop. I just missed the 8mpg club by that much. And i pull alot of loads over 42000 about 95% accually.
     
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  11. BigKid2

    BigKid2 Road Train Member

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    Yeah that is not a true number. They had me at 8.34 for 2nd quarter and actual is about 7.4 mpg.
     
    ChipnChair Thanks this.
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