Lease Purchase programs.... the scam I'm noticing about most all of them

Agreed.
Folks get awful defensive about their lease purchase deals, so I keep my opinion to myself most of the time on this front. I've seen the figures, I've done the math, I've looked at the tax ad/disad vantage. All I can say is it's not for me. If it makes them happy, that's great. I like happy drivers.

 

Sometimes its the challenge. Besides, I like calling my own shots.

 

Well, I'll agree with you there. In fact - at this point of my life, I'll take a challenge and the ability to float or sink my own boat over the nagging link to an employer that will call me and ask when I'm going to get back in that rolling prison if I sit at home for more than 2 days.

 

The other thing is what business owner doesn't deal with arranging his own benefits? That's part of being a business person and not being an employee. Accept it as part of the package, or continue being a wage-slave.

 

I have the fortunate/unfortunate deal of being military. I have the health insurance, 401k, all that good stuff. The problem is that I have to be home one weekend a month, then take two weeks off in the summer for annual training. Its tough to try and weigh the plus and minus of that. But with already having those things lined up for me, I can rest a little easier and still make pretty good money driving someone else's truck for a little more money.

 

Just asking. I'm a wage slave. I didn't know if they offered a health insurance package or anything.

 

That's why doing your own research is important. What works for one might be the worst thing in the world for another. You also need to assess your own skill set to evaluate whether you're set up to be a small business owner. Too many inexperienced drivers get all gaga over the "promises" and big income numbers the mega carriers throw around - No credit check! No down payment! We will pay you $1.50 a mile! You can earn $200,000 a year! - without having a basic understanding of profit and loss, business expenses, estimating and paying quarterly taxes, and managing cash flow in a tucking company.

Businesses fail for all sorts of reasons. Merely being able to drive a truck is a very poor starting point.

 

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