Great Lease

Discussion in 'Lease Purchase Trucking Forum' started by rckbottom, Aug 29, 2014.

  1. fortycalglock

    fortycalglock Road Train Member

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    Jun 25, 2011
    Tourist Town, FL
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    You're the one that came into this thread being very condescending to anyone that didn't agree with your way being the best way. The only reason I became an o/o was because I saw I could double my net income. I would not have made the move to make less, and I'm a numbers type of guy. If I wanted to make less, I would have gone to flight school and become a pilot. I saved like a beast and had three trucks and six trailers until 2007 and everything crashed. I kept one truck and liquidated everything else. Trucks were selling for pennies on the dollar. $100,000+ flew out the window.
    Good luck with your journey, and while your way isn't wrong, you're definitely leaving money on the table, especially with a intense financial plan that you've chosen.
     
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  3. nofreetime

    nofreetime Road Train Member

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    Oct 22, 2013
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    Ah so we see where your more risky approach leads to. Why is it that in an economic downturn some gain wealth while some lose it? Sir while your results arent awful they are however much less than the results which i seek in my own life. When you have those results then, and only then will your financial advise be of any value to me. Good luck to you as well.
     
  4. fortycalglock

    fortycalglock Road Train Member

    6,120
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    Jun 25, 2011
    Tourist Town, FL
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    Risky approach. Actually getting out of cash hog. You see when you own a business, some day you'll know, there are costs involved that just don't go away, like insurance. $2k a month right there whether the trucks moved a mile. When your break even is $1.50 and freight is running $1.40, you start paying out of savings to pay your drivers.
    BTW, just because you're so smarmy, I looked up your other posts. Your a solo Prime company driver. You're not making "substantially" more than $50k a year based on your own posts about mileage. Please spare us the BS. I couldn't stop laughing when I saw you drove for Prime and are a Kevin Rutherford follower.
     
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  5. 6 Speed

    6 Speed Heavy Load Member

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    Jan 2, 2014
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    The slow trucking specialist .
     
  6. nofreetime

    nofreetime Road Train Member

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    Oct 22, 2013
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    Yes risky approach the one that led to you liquidating your business. Now your here to give me financial advise which is of NO VALUE without results which are similar to what im after.
     
  7. rckbottom

    rckbottom Light Load Member

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    Aug 7, 2014
    richardson, texas
    0
    Not sure what your looking for. I own three trucks never have I leased. my bank I work with have been with me every step of the way for the last 20 years I payed the last three trucks off in 3.5 years that 3.5 in a half years I grossed a little over 420,000 after driver pay fuel insurance and little odds and ends I cleared 144,000 to me that's my money!! and im good with that. good luck to u
     
  8. fortycalglock

    fortycalglock Road Train Member

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    Jun 25, 2011
    Tourist Town, FL
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    The entire trucking industry liquidated to bare minimums. The ports were full of trucks being bought by overseas buyers while you were living with mommy or daddy, since you have no concept of the financial crash. The fact is, my business survived the biggest financial crisis since the Great Depression and is doing very well. I'm done.
     
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