The Perfect Lease Purchase Contract!

Sorry kinda engrossed in a book.....i was under the impression that almost all leases you direct maint and pay. For.....that one that u highlighted way back when in this thread was concerning too me only because fleet maint sucks just my opinion.....now as for what company i am with bruenger but i,m going to second sage advice i don,t care what dealer or lease comp you use to get a truck make sure you get it thoroughly inspected expect to.pay at least 400 for this if you don,t buyer beware it is used equipment
Now i did try out this company with another truck i own so i,m comfortable with the company and numbers but from what i,ve seen talking to guys in the lease trucks from arrow now i don,t know the numbers sound steep

I would expect to find at least 2k in issues with any truck for sale or lease from my experience have you noticed my bias against large fleet maint programs but i think from talking to a driver you do get to pick your junk from arrow in our l.p but it just seams too long a term and toomuch money

 

JCT does this... There's a $120 minimum payment, but anything above that is based on the miles you run. No miles run, you only pay $120.

 

First in any lease program, you will be 100% responsible for the maintenance. The catch is will you be in control of who, where, when and what maintenance will be performed.

Most companies require a maintenance escrow. They then control what items the funds can be spent on and what shops they will pay to do work.

I'm with Swift and I have 100% control of maintenance funds, up to and including whether I even want to have a maintenance account. I can choose to have any work I desire, done at any shop I desire, when ever I desire. I can even withdraw any amount or all my funds from my account at anytime I want.

And speed is only one part of the fuel conservation equation, the other is maintenance. A poorly maintained truck, particularly one with a DPF/DEF/EGR system can easily cost you a 1 mile per gallon plus in fuel.

 

This is a band aid ... it covers up one of two things. First, the lease cost and revenue return isn't fundamentally viable. If you can't take a week off and still be cash flow positive the first week out, then it is not a viable model.

Second, you need to understand your cash flow. Your statement is not your weekly paycheck. It is the cash flow into your business. That cash flow pays all the businesses bills, including your salary and then there should be left over cash that is the businesses profit. It is incumbent on you, as the business owner to ensure that the is always a robust operating fund to pay the bills.

It's why most leases fail and why leasing has such a bad rap. Most who get into to it, do no have the fundamental skills to run a business and generally come in under capitalized, if they have any capital at all.

 

With these newer engines i chose an engine shop to tear through the engine .....but technically i,m on an extended test drive ....ie renting the truck til i decide if it works for me looking for a front end shop on the way back to cya was good insurance found 2k in items company will repair plus we need to come to final terms but it looks ok so far

 

And most people are prob not posting because they dont know their terms ..,just what i,ve noticed talking to people i know anyone who.puts a contract in front of me tends to get a iittle agrivated because i am clear on all terms and clauses before i sign and i got the impression the guy in charge of our lease side was a little taken aback that i actually inspected this truck so thouroghly at my expense but heck i,m gonna be 60k you wouldnt spend that much on a house without due diligence