The Perfect Lease Purchase Contract!

IF the company you are leasing from pays a full bumper to bumper warranty, your good at $1300 a week after all expenses. No?

 

Look brother man, we are talking about a L/P, this is how it is done in that world. What I am trying to do is figure out, for those that are going to do it, what the best L/P deal would look like. $1300 minus taxes (25%) = $975 Out of that, the driver should put away as much as possible, for sure. If your talking about Health Ins. lol that comes later brother. Yes, someone controlling your maintenance is bad but, that is part of L/P We are not talking anything here but L/P. Nope, no premium tires and good specs,,,so sorry, not happening in a L/P

bigdad7, I am not trying to convince you to do a L/P I am trying to help out those that are going to do it, hech,,,,I may do it myself. Stop having the "trying to stop them from doing it" mentality. They are going to do it, no matter what you or anyone says. Yeah, they may be stupid for doing it but, you don't have a clue to their situation and just saying, "don't do it, bad idea" is not a fits-all way to go.

 

Need ALL the info on that L/P deal. I will say, I don't think ANYONE should L/P a new truck but, that is my opinion only. I will also tell you that my break-even is $1.67 and that is with the driver (me) making $35,000 a year. When your looking at any L/P deal, put the company out of your head, same with location. Only look at the deal they are offering..

 

Sounds to me like you have a great L/P deal bigdad7...tell us the details but, feel free to leave the company name out. The way I see it, you can look at it this way; as a company driver you make $750 a week and as a L/P operator you take home $750 after EVERYTHING. As a L/P operator I get to choose when/where/how much, and eventually I will own the truck. Than I can trade it off or keep it. That is my perfect L/P deal. Sure, I would hope I make more than that but, that is my minimum. If I was to make that every week, I would be good and here is why. I only have $1500 a month in personal expenses and prayfully my luck with trucks stays strong. I would put every penny away for a time when a break down occurred, no pay that week.. That is me, you may have more personal expenses and no way could survive on $750 a week. If the guy with no credit or savings had to worry about maintenance right out of the shoot, he would not last the 1st break down.

 

Not telling you NOT to do it brother,,,just would like you to post ALL the details, not just some of them and we don't care what the recruiter said. The more details you post the better than, a driver could make an informed decision on whether or not to even call the company or move on. So, please post ALL details of this L/P deal,,,thanks